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Cheng Li-wun discusses her hope to meet President Trump following her Beijing visit, aiming to convey Taiwan's commitment to avoiding conflict and securing lasting cross-strait peace

Brent oil rallied to a four-year high after Axios reported that US President Donald Trump will receive a briefing on new military options for action in Iran, signaling the potential for fresh escalation in the Middle East. The global benchmark surged as much as 7.1% before paring gains to trade near $122. Warren Patterson, Head of Commodities Strategy at ING Joined Stephen Carroll and Caroline Hepker on Bloomberg Radio To discuss. He says the market is losing confidence in a swift resolution and is increasingly pricing in a prolonged disruption to oil flows through the Strait of Hormuz.

Kevin Brady, a longtime Republican US House member from Texas, discusses the state's economy, corporate headquarters relocations and the current mood in Congress. He speaks with Bloomberg's Julie Fine.

Lincoln Electric Holdings (NASDAQ:LECO) reported a strong start to the 2026 fiscal year, characterized by broad-based volume growth and improved operational efficiency.

Bank of England Governor Andrew Bailey said inflation is expected to rise to "a little over 3.5% by the end of the year" as a direct consequence of the conflict in the Middle East. He was speaking during a press conference following the central bank's decision to keep interest rates on hold with several policymakers saying they might consider future hikes.

Eli Lilly and Company (NYSE:LLY) delivered a historic performance for the first quarter of 2026, as the unprecedented global demand for its weight-loss and diabetes treatments propelled the firm into a new era of growth.

Merck (NYSE:MRK) reported a strong opening to 2026, with worldwide sales climbing 5% to $16.3 billion, driven by the continued dominance of its blockbuster cancer therapy and the rapid uptake of its newly launched cardiovascular portfolio.

Royal Caribbean Group (NYSE:RCL) reported first-quarter 2026 results that surpassed its own guidance and analyst estimates, signaling a sustained boom in the global cruise industry.

Julian Emanuel, chief equity and quantitative strategist at Evercore, examines the role of earnings in supporting the bull market in stocks and offers a timeframe for when higher oil prices will begin to impact equities.

Carrier Global (NYSE:CARR) reported first-quarter 2026 results that beat Wall Street expectations on the top and bottom lines, despite significant headwinds in the residential HVAC sector.

CRH (NYSE:CRH) reported a strong start to 2026, with total revenues rising 9% to $7.4 billion, as the Dublin-based giant continues to leverage its unmatched scale and a "connected portfolio" strategy.

The mayor of Kansas City, Missouri, Quinton Lucas says he's trying to ensure that the upcoming World Cup, which is being jointly hosted by the United States, Mexico and Canada, leaves a lasting legacy. Kansas City is hosting six matches, including a quarter-final, and will also be the base for four teams, including both defending champions Argentina and England. On the political front, Lucas ruled out running for Congress for now, and said the Democrats should focus on "affordability and competent governance" in the next election cycle. He spoke with Bloomberg on the sidelines of the Bloomberg CityLab event in Madrid.