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The war with Iran has already cost lives, billions of dollars, and shaken the foundations of the global economy and the worst may be yet to come. Afsaneh Beschloss of RockCreek tells us why Russia and Iran are the unexpected winners at the Strait of Hormuz, and why a prolonged conflict could force the Fed to hike rates instead of cut. Steven Cook of the Council on Foreign Relations explains why the Gulf states didn't see Iran's attacks coming and why Saudi-Israeli normalization may now be further away than ever.

As the Strait of Hormuz remains closed for the sixth week, International Maritime Organization Secretary-General Arsenio Dominguez joins Christina Ruffini and Tim Stenovec on Bloomberg This Weekend to discuss this weekend's negotiations and the 20,000 seafarers stranded in and around the Strait of Hormuz. Watch the full interview on Bloomberg This Weekend. Watch the show LIVE every Saturday and Sunday morning.

The African Development Bank says water investments on the continent have increased over the past decade from upstream preparation of projects to desalination efforts, service delivery and wastewater treatment plants. But Mtchera Chirwa, the AfDB's water and sanitation department director, says gaps within the sector won't just be resolved with more capital injection.

NASA's Artemis crew of four astronauts returned to Earth and splashed down in the Pacific Ocean, capping humanity's first return to the moon in more than 50 years.

The US is expected to hold talks with Iran in an effort to reach an agreement, but former Council on Foreign Relations president Richard Haass of Centerview Partners warns that we should not expect too much, and that the war shows just how much leverage Iran has.

Former NFL player and Super Bowl Champion Reggie Bush and United Athletes Tour CEO Len Brown discuss launching UAT, a competitive premiere golf league aimed towards former and current athletes. They talk with Katie Greifeld and Randall Williams for "The Close."

Bloomberg's Jeff Mason said that the bar for success in this weekend's peace talks between the US and Iran, is that both parties stay at the table and they don't 'fail,' potentially ending the tenuous two-week ceasefire. Mason said that Israel's strikes on Lebanon and oil flow through the Strait of Hormuz are the key hurdles as the two countries try to negotiate a longer term deal.

Magnolia Bakery CEO Nathan Louer discusses US franchise expansion, remaining an 'attainable luxury,' and why driving traffic is the key to the company's long term strategy. He talks with Katie Greifeld and Bailey Lipschultz on "The Close."

Carbone Fine Food Co-Founder Mario Carbone discusses global upheaval affecting food costs, 'cautious' customers, and why being experimental is part of their DNA. He talks with Katie Greifeld and Bailey Lipschultz on "The Close."

Startup Chapter has closed a $100 million Series E to grow its Medicare navigation platform. Chapter CEO Cobi Blumenfeld-Gantz and one of its investors Ross Fubini, managing partner of XYZ Ventures, join Caroline Hyde and Ed Ludlow on "Bloomberg Tech."

Blackstone is considering an initial public offering that could raise $2 billion for an acquisition company that will snap up data centers, according to people familiar with the matter. Bailey Lipschultz reports on "Bloomberg The Close."

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