Bloomberg

FGE NexantECA Chairman Emeritus Fereidun Fesharaki says a prolonged 'near-closure' of the Strait of Hormuz could push oil prices to $150-$200/bbl in the next few weeks and trigger severe global economic fallout. He speaks with Haslinda Amin on "Insight with Haslinda Amin."

Space infrastructure startup Starcloud raised $170 million in Series A funding at a $1.1 billion valuation. Philip Johnston, Co-founder and CEO of Starcloud, discusses his strategy for capital deployment and business growth. He speaks with Shery Ahn and Haidi Stroud Watts on "Bloomberg: The Asia Trade."

Volatility from the Iran conflict has resulted in the single largest month of value destruction on record, with $12 trillion in market cap erased across global benchmarks, Bloomberg's China Show reports. Dina Ting, Head of Global Index Portfolio Management at Franklin Templeton, says the key to navigating this "manic" period is diversification.

Iran hit a fully laden Kuwaiti oil tanker in the anchorage area of Dubai's port, damaging the hull and starting a fire on board. Bloomberg's Dan Murtaugh explains the potential impact on oil prices as the Iran conflict continues to escalate.

President Trump threatened further escalation of the US military campaign against Iran in a social media post, as the fifth week of war jolts global markets with little sign of relief. Bloomberg's Laura Davison reports.

Meta's market cap is down about $280 billion this month, shares are down 17%. It could be the company's worst performance since October 2022. Mandeep Singh of Bloomberg Intelligence has more.

Former Senior Advisor to President Obama Puneet Talwar discusses President Trump renewing threats against Iran as US troops arrive in the region. He talks with Katie Greifeld on "The Close."

Bloomberg's Jerusalem reporter Dan Williams said that Israel is trying not to give Houthi's a propaganda victory after the Iran-backed group launched two ballistic missiles at Israel on Saturday. It marks a widening of the war as Israel continues strikes on both Iran and Lebanon.

Schwab Center for Financial Research Head of Fixed Income Research & Strategy Collin Martin discusses the negative consequences of a drawn out conflict in Iran, why there are risks to inflation and labor mandates, and why we shouldn't expect a recession in the near term. He talks with Katie Greifeld and Bailey Lipschultz on "The Close."

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Bailey Lipschultz, Katie Greifeld, Carol Massar and Tim Stenovec.