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Former Israeli Prime Minister Naftali Bennett has told Bloomberg that the objective of the Iran war is to neutralize Iran's nuclear and ballistic missile capabilities by, metaphorically, cutting off the "head of the octopus," which is the Iranian regime. Speaking to Joumanna Bercetche on "Bloomberg Brief," Bennett said this will take "as long as is necessary."

Former Israeli Prime Minister Naftali Bennett has told Bloomberg that the objective of the Iran war is to neutralize Iran's nuclear and ballistic missile capabilities by, metaphorically, cutting off the "head of the octopus," which is the Iranian regime. Speaking to Joumanna Bercetche on "Bloomberg Brief," Bennett said this will take "as long as is necessary."

Stephen Schork, principal and editor at The Schork Group, discusses the amount of oil lost on the global market so far from what he calls an "effective blockade" of the Strait of Hormuz.

"Uncertainty does not automatically mean risk off," says Wei Li, chief global investment strategist at BlackRock, as she examines market reaction to the Iran War.

Paul Markham, investment director and global equities head at GAM Investments, discusses the relief rally in US stocks and bonds is extending for a second session after fears of a protracted US-Israeli war against Iran triggered seismic moves in oil markets. "The idea that this will be a sustained rally from here, for me is quite difficult to believe," Markham tells Bloomberg Television.

US President Donald Trump has predicted the war with Iran would resolve 'very soon.' Trump says he would waive oil-related sanctions and have the US Navy escort tankers through the Strait of Hormuz. Stuart Livingstone-Wallace, Bloomberg's Executive Editor for Middle East, North Africa and Russia, and Sam Dagher, Bloomberg's Senior Middle East Reporter have the latest.

Volkswagen CFO Arno Antlitz comments on earnings, cost savings and the outlook for growth in China. He speaks to Bloomberg's Oliver Crook after the firm, Europe's largest automaker, forecast an operating return in a range of 4% to 5.5% this year as higher raw material costs, intense competition and geopolitical tensions combine for a challenging outlook.

Oil tumbled after US President Donald Trump sought to calm markets by saying the Iran war will end soon. Brent and West Texas Intermediate both tumbled more than 10% before clawing back some losses, following a dramatic session on Monday that saw extreme price swings. Bloomberg's Stephen Stapczynski reports.

Homayoun Falakshahi, head of crude oil analytics at Kpler, discusses the significance of a potential effort to release emergency oil reserves by the world's largest economies. Speaking on Bloomberg Television, he says the key element of the move would be the speed at which the oil is released. "I don't think the market has the ability for this to be gradual," Falakshahi says. He also adds that a potential release of 400 million barrels "won't be enough" if the war lasts more than 45 to 50 days.

US President Donald Trump has predicted the war with Iran would be resolved "very soon", although he said he didn't believe it would be this week. Meanwhile, Iran chose Mojtaba Khamenei, the hardline son of the assassinated Ayatollah Ali Khamenei, as its new supreme leader yesterday with many taking this is as a signal Tehran won't back down in a war raging across the Middle East. Meir Javedanfar, Professor of Iran Politics at Reichman University in Tel Aviv spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on the war in the region.

Oil slumped to near $90 a barrel after those comments from President Trump that the war will end soon. Aditya Saraswat, Senior Vice President AND Head of MENA Research at Rystad Energy spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on the oil market's reaction to the regional conflict.

Aspen Group (ASX:APZ) joint CEOs David Dixon and John Carter have offloaded 3.5 million securities via a block trade.