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IAEA Says Iran Not Cooperating With Nuclear Inspections

The United Nations atomic watchdog says Iran is not cooperating with inspections and says there has been construction activity at Iran's Pickaxe Mountain, a site suspected of housing nuclear-related activities. IAEA Director General Rafael Mariano Grossi shares what they've found on "Bloomberg Surveillance."

Read more: IAEA Says Iran Not Cooperating With Nuclear Inspections
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'AI Economy' Driving Earnings Strength, Says JPM's Caffrey

Jack Caffrey, equity portfolio manager at JPMorgan Asset Management, says spending related to "the enthusiasm around artificial intelligence" is broadening out earnings themes. Caffrey warns of "a hiccup or two over the next few months" as companies need to borrow more to support their growth. He speaks on "Bloomberg Brief."

Read more: 'AI Economy' Driving Earnings Strength, Says JPM's Caffrey
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Energy Crisis Deepens as US-Iran Tensions Continue

Brent oil steadied near $101 a barrel as Iran vowed it was prepared for a more intense war, stoking fears about deeper disruptions through the Strait of Hormuz. US Energy Secretary Chris Wright told Bloomberg that just under 11 million barrels a day of crude and oil products are moving through Hormuz. Bloomberg's Will Kennedy breaks down the situation.

Read more: Energy Crisis Deepens as US-Iran Tensions Continue
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UK Faces Soaring Gas Prices as Winter Nears

UK gas prices have climbed to their highest since 2022 and more than doubled since the start of the year, just as UK households face the highest winter energy costs in three years. Britain is particularly exposed because it relies heavily on gas while storing little of its own, leaving it dependent on seaborne liquefied natural gas when demand surges or renewable generation falters. Bloomberg's Priscila Azevedo Rocha reports.

Read more: UK Faces Soaring Gas Prices as Winter Nears
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Nakhle: Oil Volatility to Stay Until Iran Endgame Clear

Brent held around $101 per barrel as Iran vowed it was prepared for a more intense war after hostilities flared across the Middle East. But Carole Nakhle, CEO of Crystol Energy told Bloomberg's Jennifer Zabasajja on Horizons Middle East & Africa $101/b is not as high a threshold as it could have been.

Read more: Nakhle: Oil Volatility to Stay Until Iran Endgame Clear

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