July 12, 2026: US Launches Fresh Attacks on Iran, Lindsey Graham Dies, More
episodePreviously titled “US Launches Fresh Attacks on Iran, Lindsey Graham Dies, More” — renamed by the publisher on Aug 2, 2026
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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 Doug Krisner. The U.S. began launching more strikes against Iran at 5 p.m. Eastern Time Sunday evening. Now, the aim, according to U.S. officials, was to degrade Iran's ability to attack ships in the Strait of Hormuz. And now there are signs of Iranian retaliation. The AP is reporting missile sirens were heard in Bahrain after those fresh U.S. attacks. Through it all, there have been conflicting declarations over whether the Strait of Hormuz remains open to shipping. Bloomberg's Abir Abu Omar is covering the conflict from Dubai.
Iran on its own saying that the Strait of Hormuz is shut and that no ships can make movements. So we're back to, I don't want to say square one, because we're not seeing a kinetic sort of warfare similar to what we've seen in March. But we're going back to a place that we didn't think we would be at after that MOU was signed just three and a half weeks ago.
Abir Abu Omar on Bloomberg this weekend. Now, U.S. Central Command says the waterway was still open to all vessels and the U.S. military is prepared to ensure freedom of navigation. Senator Lindsey Graham died after a rupture in his aorta, according to a preliminary finding from the medical examiner shared by Graham's office. The senior senator from South Carolina was one of President Trump's closest allies in Congress. And this morning, the president led tributes, posting... Graham was one of the greatest people and senators he'd ever known. Here is Bloomberg's congressional reporter, Eric Wasson, on Graham's evolving relationship with Trump.
You know, it's been up and down their relationship. Certainly Graham early on. I remember being at a big gala dinner in Washington where he was on C-SPAN, where he made fun of President Trump. You know, then he became a backer. And then after the January 6th riots, he was very critical, even saying he's done with the president. I'm very upset with the way that that was handled. And then Graham went back into the fold.
What new U.S. strikes against Iran were reported and why did they target the Strait of Hormuz?
I think Graham always wanted to be in the mix, wanted to be influential. And he felt it was his duty, especially given the views he had on Israel, a strong supporter of Israel, Iran, and the rest of the foreign policy portfolio, to be influential and be close to the president.
Eric Wasson on Bloomberg this weekend. Graham died two days after his 71st birthday. He had been set to face off against Democrat Annie Andrews, a pediatrician, in November. Now, South Carolina Republican Governor Henry McMaster can name a replacement for the remainder of Graham's term, and state election law calls for a special primary election. Meantime, Senator Mitch McConnell has revealed for the first time that a fall led to his hospitalization. The 84-year-old McConnell broke his silence after weeks of mounting speculation about his health. McConnell said he is now in a rehabilitation center and will not be returning to the Senate quite yet. McConnell also said he suffered from a case of mild pneumonia.
The U.S. Department of Justice has launched a grand jury investigation into the head of the United Auto Workers, Sean Fain. Fain is alleged to have pressured another high-ranking union official to secure benefits for his fiancée and her sister.
What signs of Iranian retaliation and shipping disruptions emerged after the strikes?
Emails seen by Bloomberg News show the union's court-appointed monitor has been subpoenaed as a part of this probe. Fain called the allegations false and accused union vice president Rich Boyer of trying to influence the upcoming UAW election. Fed Chair Kevin Warsh is set to testify on Capitol Hill over two days this week. On Tuesday, he'll speak before the House Financial Services Committee. More from Bloomberg's Charlie Pellett.
We know what Warsh will say in the Central Bank's semi-annual monetary policy report to Congress. It was released Friday in Washington. What we don't know is how he will respond to questions on a range of topics from lawmakers.
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Chapters
5 chapters
1
What is the main topic discussed in this episode?
0:00–2:28
2
What new U.S. strikes against Iran were reported and why did they target the Strait of Hormuz?
2:28–3:44
3
What signs of Iranian retaliation and shipping disruptions emerged after the strikes?
3:44–6:56
4
How are U.S. officials and CENTCOM characterizing freedom of navigation in the waterway?
6:56–7:32
5
What were the preliminary findings on Senator Lindsey Graham’s death and what political fallout followed?
7:32–8:14
Speakers
10 identifiedMore from Bloomberg News Now
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