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Former US Defense Secretary Lloyd Austin talks about the war in Iran, a possible peace deal, the importance of NATO and how a battle over Taiwan between the US and China could impact the global economy. He speaks to Bloomberg's London Bureau Chief Ruth David at the HSBC Gulf Cooperation Council Exchanges Conference in London.

President Donald Trump says in theory Iran is getting pretty close to signing on paper and the Hormuz Strait will open immediately upon signing during remarks with reporters at the White House.

Norway's $2.3 trillion sovereign wealth fund needs ethics rules that allow it to stay invested in big tech stocks, Finance Minister Jens Stoltenberg said. He speaks to Bloomberg News Editorial Lead for EMEA Jackie Simmons at a Bloomberg Newsmakers event in Oslo.

Centerbridge Co-Founder Jeff Aronson says the US economy is "in reasonably good shape" and that he doesn't see a recession happening anytime soon. He also discusses the ripple effects war in the Middle East could have on markets if it persists, as well as his views on prediction markets. Aronson sits down with David Rubenstein for the premiere episode of Bloomberg Wealth Season 6. This interview was recorded April 28 in New York.

Former NATO chief Jens Stoltenberg says the alliance is more prepared for war than it's been in decades. He speaks to Bloomberg News Editorial Lead for EMEA Jackie Simmons at a Bloomberg Newsmakers event in Oslo.

Turkish Foreign Minister Hakan Fidan tells Bloomberg that he expects US President Donald Trump to attend the NATO summit in Ankara next month. "As far as we know he's going to attend," Fidan says during an interview with Haslinda Amin in Singapore. He also discusses the US-Iran war and the prospects for a peace agreement.

Senior government officials have warned Russian President Vladimir Putin that spending on the war in Ukraine is on an unaffordable path, the most serious sign of internal division in Moscow since the full-scale invasion began. Bloomberg's Tony Halpin reports.

Anthropic PBC has confidentially submitted draft paperwork for a public listing as it races longtime rival OpenAI to make a Wall Street debut as soon as this fall. Anthony Hughes and James Seyffart have more on "Bloomberg ETF IQ."

President Donald Trump says he's making a "final determination" on a preliminary deal to extend a ceasefire with Iran. Trump said Friday on Truth Social that he's holding meetings in the Situation Room. Former US Rep. Jane Harman, a Democrat from California, says Trump doesn't have many military options left. She is on "Balance of Power."

Oil pared gains on a report that the US and Iran have reached a preliminary agreement to extend the ceasefire between the two countries and launch negotiations on the Islamic Republic's nuclear program. The memorandum of understanding would extend the truce by 60 days and states that shipping through the vital Strait of Hormuz would be "unrestricted," without any tolls paid to Iran, but the potential pact still requires President Trump's approval, Axios reported. Trump wants several days to mull over the deal, according to the report. An agreement to extend the truce would represent a diplomatic breakthrough and potentially bring the US and Iran closer to reopening normal maritime traffic through the strait, which usually carries around a fifth of the world's oil and liquefied natural gas supply. For more, we speak with Mike McGlone, Senior Commodity Strategist for Bloomberg Intelligence.