June 26, 2026: US Strikes Iran, Iran Vows Response, Mythos 5 Cleared by US, More
episodePreviously titled “US Strikes Iran, Iran Vows Response, Mythos 5 Cleared by US, More” — renamed by the publisher on Aug 2, 2026
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News when you want it. With Bloomberg News Now, I'm Ed Kalangi. 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 are adhered to, obeyed, and in full force and effect. Iran vowed to respond, this according to the semi-official ISNA news agency, citing a statement by the Islamic Revolutionary Guard Corps.
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 from state-run Press TV. Earlier in the day, 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 on Friday afternoon prior to the U.S. response, the president was asked by a reporter if the U.S. would retaliate.
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.
What triggered the recent US strikes against Iran?
President Trump speaking with reporters Friday in the Oval Office. With Strait of Hormuz traffic again being interrupted by an 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 won U.S. approval to restore some access to its powerful Mythos 5 artificial intelligence model after resolving Trump administration concerns about the technology's potential threats to national security. The clearance eases a confrontation that erupted two weeks ago when the government abruptly barred Anthropic from giving foreign nationals access to Mythos 5 and a related model, Fable 5, over fears that security guardrails could be circumvented. The order prompted the company to disable all global access to the two advanced systems and touched off intensive talks toward a resolution. 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 in the artificial intelligence and hardware sectors, Paul Mead, a vice president, is set to leave Apple by next week and will then start at OpenAI's hardware unit, according to people with knowledge of the matter. Meade will work on OpenAI's upcoming family of AI-powered devices. Shares of Apple paired earlier gains on the news. Aaron Weiner is shuttering his Millennium Management-backed hedge fund and returning to his former employer, Cotu Management, less than two years after leaving to set up his own shop.
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