US Formally At War With Iran, Graham's Sister To Finish His Term, More
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What did the Hosts preview about the Leaders interview with Rafa Nadal?
This week on Leaders, with me, Francine Lacqua. I speak to tennis legend Rafa Nadal about how he stayed competitive despite injury.
I was able to enjoy the victories probably more than if I will not have this issue.
One iconic match.
In my mind was, I am almost dead.
And whether he misses playing.
I don't miss tennis because there was nothing else to offer.
Listen and watch Leaders with me, Francine Lacroix, on Bloomberg Television or wherever you get your podcasts.
How did Rafa Nadal describe staying competitive and coping with injury?
News when you want it with Bloomberg News Now, I'm Amy Morris. President Trump has formally notified lawmakers that the nation is once again at war with Iran, giving his administration another 60-day clock to use the military in that region without congressional approval. President Trump says the U.S. will hit Iran hard tonight and tomorrow. The president made the comment during an interview on The Hugh Hewitt Show. Meanwhile, the U.S. is ready to enforce a blockade of Iranian ports. Trump reinstated the blockade, demanding a 20 percent reimbursement on all other cargo shipped through the strait. U.S. Central Command in a social media post. says the blockade will impact vessels going to and from Iranian ports only.
Iran says the agreement with the U.S. has undoubtedly entered a crisis phase. Rebecca Heinrichs of the Hudson Institute says now the military is in the driver's seat.
Very skeptical that the Iranians are anywhere near a place where they're going to negotiate in good faith. So even if there was anybody in the diplomatic channels working with the United States, those are not the people who are in the seat of command.
Rebecca Heinrichs of the Hudson Institute on Balance of Power. And oil prices extended their gains after Trump's comments. WTI topping $78 a barrel. Brent crude more than $83 a barrel. That standoff between the U.S. and Iran lifted oil prices, stocks and bonds moving lower. We're bringing the closing numbers each day here at Bloomberg. S&P lost 60 points.
What urgent actions did the White House announce about being 'at war' with Iran?
NASDAQ lost 408 points. That's more than 1.5%. The Dow down 138 points. The 10-year Treasury at 4.62%, the two-year at 4.28%. The Philadelphia Semiconductor Index fell 4.75%, with NVIDIA providing the biggest drag on the index. NVIDIA shares fell more than 3.5% in regular trading. Delta CEO Ed Bastian says Delta will do just fine with the international travel season looking healthy, but he says those higher oil prices will stick around a while.
I think oil is going to stay sticky for longer. I'm not sure it's going to be in crude, though. I think the refined cost or cracked spreads are where you're going to find it's going to take a lot longer for that to come down.
Hear our entire interview with Delta CEO Ed Bastian on the Bloomberg Talks podcast. Delta shares fell more than 1% in regular trading. South Carolina Governor Henry McMaster has named Darlene Graham Nordone to fill out the rest of Republican Senator Lindsey Graham's Senate term. Nordone is Graham's younger sister. He was her guardian after their parents died when she was just 13 years old.
It is such a privilege to get to finish some of his important work, and I promise to work hard over the next several months to support the president and carry forward the efforts of my brother on behalf of the citizens of South Carolina. and the United States.
Nordone will hold the seat while the South Carolina Republican Party scrambles to field a new nominee on the ballot for a special primary election. Graham died suddenly over the weekend from an aortic dissection caused by arteriosclerotic cardiovascular disease. He was 71 years old. A U.S. immigration officer shot and killed a motorist in Biddeford, Maine, about 15 miles southwest of Portland. The second time in a week ICE officers have used deadly force. Maine Senator Angus King says DHS Secretary Mark Wayne Mullen told him the agent opened fire after the motorist, a 26-year-old Colombian man, tried to run agents over. The incident is under investigation by Maine State Police, the State Department of Public Safety, and the Office of the Attorney General.
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