US Strikes Iran, Iran Vows Response, Anthropic & US Move Toward Deal, More
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News when you want it with Bloomberg News Now. I'm Ed Kalecki. The U.S. attacked Iran one day after Tehran struck a commercial ship in the Strait of Hormuz, an exchange that threatened to break the two countries' fragile ceasefire. U.S. Central Command says in a post on X the U.S. military conducted strikes against Iran late Friday. as a powerful response to yesterday's attack on a commercial ship that was transiting the Strait of Hormuz. CENTCOM says U.S. aircraft struck Iranian missile and drone storage locations and coastal radar sites, and that the U.S. military remains present and vigilant to ensure all aspects of the agreement with Iran are adhered to. obeyed and in full force and effect iran vowed to respond according to the semi-official isna news agency citing a statement by the islamic revolutionary guard corps quote our naval and air forces successfully repelled the attack the irgc claimed in the statement the guard corps also said it had targeted u.s military positions in the region this reported by state-run press tv
Earlier, President Trump accused Iran of violating their ceasefire agreement by firing at cargo ships transiting the strait, underscoring how unsettled the situation remains in a waterway critical to global energy flows. In the Oval Office Friday afternoon prior to the U.S. attack on Iran, the president was asked by a reporter if the U.S. would retaliate.
You said that Iran violated the ceasefire. Will they face any consequences?
We'll find out. The president continued.
I don't like the fact that they took a shot yesterday, actually four, we knocked down three, at a ship. Not an Allied ship, but a ship, a very expensive ship. And it was fine, but it took a little beating. They shouldn't be doing that. So you'll find out.
President Trump speaking with reporters Friday in the Oval Office. Friday afternoon, President Trump also spoke at the Faith and Freedom Coalition conference in Washington. He talked about gas prices.
Over the past few weeks, the stock market and your 401k skyrocketed upward like pretty much anything.
What led to the recent U.S. strikes against Iran?
Nobody's seen before. Oil prices are plummeting downward. We're going to be at $2.50 gasoline.
President Trump speaking Friday at the Faith and Freedom Coalition Conference. With Strait of Hormuz traffic again being interrupted by the Iranian drone attack, retired Rear Admiral Mark Montgomery says their chokehold is not permanent.
The Saudis are going to build a second cross peninsula from east to west pipeline, as is the United Arab Emirates. They're going to be built fast. By this overplay by Iran, they're frittering away their leverage. This leverage will expire when more pipelines are complete.
Retired Rear Admiral Mark Montgomery on Bloomberg's balance of power. Anthropic and the Trump administration are moving closer to an agreement that would lift U.S. restrictions on the company's top two artificial intelligence models after weeks of talks between the two sides over security of the systems. Commerce Secretary Howard Glucknick is making progress toward alleviating security concerns that would allow for the removal the export controls he imposed on Anthropix Fable 5 and Mythos 5 systems, and the restrictions could be lifted once officials across the administration give their blessing. It is unclear how quickly the White House and other U.S. agencies, which have taken an active role in shaping AI policy, would grant their approval.
Apple's top executive in charge of the Vision Pro headset and the company's smart glasses efforts is leaving for OpenAI, continuing a streak of high-profile defections to rivals
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