US-Iran Strikes Escalate, Lindsey Graham's Legacy, More
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What is the main topic discussed in this episode?
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News when you want it with Bloomberg News Now. I'm Nathan Hager.
And I'm Karen Moskow.
Karen, we begin with the latest developments in the Middle East. The U.S. and Iran have been exchanging fresh strikes extending into this morning, and we get more from Bloomberg Middle East correspondent Abir Abu Omar.
Into the weekend, we saw yet again another escalation in the rhetoric between the U.S. and Iran, with the U.S. targeting over 100 targets early in the weekend and then dozens of targets in Iran. This includes some attacks in the eastern provinces. The southern provinces, Bushehr, was attacked in Iran. And so Iran not backing down. We see similar patterns of attacks by the IRGC. It does feel like a little bit of an escalation in the narrative. We're not seeing... Back to kinetic warfare, similar to what we've seen in March, where the whole region is dragged into it, but no signs of comfort this morning.
And Bloomberg's Zabir Abou-Omar says shipping through the Strait of Hormuz is at the heart of the latest escalation. A handful of ships have passed through the strait in secret in recent days.
Well, Nathan, the escalation in the Middle East is on the forefront during the European foreign ministers meeting in Brussels this morning. Ben Sills is Bloomberg managing editor for European economics and government coverage.
What are the latest US-Iran strikes and when did the escalation begin?
They are obviously pretty on edge. There's not an awful lot they can do about this. If the US-Iranian deal starts to unravel, as seems to be the case, they're particularly vulnerable to energy prices. Calas has been saying that they have offered the EU's nuclear expertise to contribute to any potential negotiations, but it seems like they're a way off getting to that sort of technical detail at this point when they're still shooting at each other.
Bloomberg's Ben Sills adds that EU officials say there can be no tolls or fees in the Strait of Hormuz.
Well, Karen, reaction continues to pour in following the sudden passing of Republican Senator Lindsey Graham of South Carolina. Graham died Saturday, the day after returning to Washington from his 10th trip to Kiev since Russia's full-scale invasion of Ukraine. Graham had been scheduled to appear on NBC's Meet the Press yesterday. Instead, President Trump phoned in to pay tribute to a man he called like a member of the family to me.
He was such an advocate. He was, you know, if he wanted to get something, And, you know, he had a unique ability. He was able to deal with Democrats and Republicans. If I had a problem, a real problem, I wouldn't often ask. But if I had a problem with a Democrat, he could work it out. He was a great politician, actually.
Which regions in Iran were targeted and how has Iran responded militarily?
President Trump has ordered flags lowered to half-staff through Saturday night in Senator Graham's honor. His office says he died of aortic dissection or a hardened artery that tore. Republican Senator Lindsey Graham was 71 years old.
Nathan, Senator Graham is being remembered as a staunch interventionist on the world stage and a strong backer of Israel. We get more on that from Bloomberg News congressional reporter Eric Wasson.
He was very much in favor of the bombing of Iran, of trying to replace the regime there. Just a very assertive foreign policy voice that's going to leave that faction of the party without a very, very clear champion right now.
Bloomberg's Eric Watson appeared on Bloomberg this weekend, heard every Saturday and Sunday morning on Bloomberg Radio and Television. Graham was also a strong advocate for Ukraine's defense, and his death could leave Kiev and other U.S. allies looking for new advocates. Several Democratic senators are calling for passing a new Russia sanctions bill as a tribute to Senator Graham.
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Chapters
5 chapters
1
What is the main topic discussed in this episode?
0:00–1:41
2
What are the latest US-Iran strikes and when did the escalation begin?
1:41–2:56
3
Which regions in Iran were targeted and how has Iran responded militarily?
2:56–5:39
4
Why is shipping through the Strait of Hormuz central to the recent escalation?
5:39–6:31
5
How are European officials reacting to the Middle East tensions and energy risks?
6:31–7:02
Speakers
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