Oil Climbs as Trump Threatens Iran Strikes, Blockade | Bloomberg Businessweek Daily 7/8/2026

Published 8 July 2026 · india

Today, Bloomberg's Tyler Kendall reports the minutes from the first FOMC meeting of Kevin Warsh's tenure as Fed chair. Then, Bloomberg Economics senior geoeconomics analyst

Today, Bloomberg's Tyler Kendall reports the minutes from the first FOMC meeting of Kevin Warsh's tenure as Fed chair. Then, Bloomberg Economics senior geoeconomics analyst Adam Farrar breaks down oil market reaction as the US threatens more strikes against Iran and a renewed blockade of the Strait of Hormuz. Plus, Stephanie Roth, chief economist at Wolfe Research, reacts to news that some Fed members initially saw the case to hike rates despite eventually falling in line with fellow committee members in holding rates. Then, Brian Dobson and Greg Pendy from Clear Street discuss their SpaceX buy rating and where they see the stock going.

Finally, Bloomberg 'Business of Sports' podcast co-host Vanessa Perdomo-Maglione talks the Unites States' exit from the World Cup and the future of soccer in the US. Chapters 00:00:00 Bloomberg Businessweek Daily 00:00:00 Market Reaction to the Fed Minutes 00:01:15 Inflation Risks, AI Spending & Interest Rates 00:03:30 Markets Digest the Fed's New Direction 00:04:20 Iran Conflict Escalates Again 00:05:45 Trump Questions the Future of Iran Negotiations 00:09:35 Stephanie Roth on the Fed's 'Family Fight' 00:10:55 Is AI Becoming an Inflation Driver? 00:12:20 Could the Fed Still Raise Rates?

00:14:05 Kevin Warsh's New Communication Strategy 00:18:55 Market Update: Tech Holds Up, Oil Surges 00:21:15 Breaking Down SpaceX's Valuation 00:23:00 Why Analysts Are Bullish on SpaceX 00:29:40 Starship, Growth Risks & Elon Musk 00:32:40 Market Update: Oil, Semiconductors & Airlines 00:34:40 World Cup 2026: Tournament Takeaways 00:36:40 Can Soccer Keep Growing in the U.S.? 00:39:15 Team USA's Future After World Cup Exit 00:42:45 Market Update: Final Hour of Trading 00:44:15 Stocks on the Move 00:44:30 Broadcom Rallies on Expanded Apple Partnership 00:45:45 Energy Stocks Rise as Oil Jumps More on Bloomberg Television and Markets Like this video?

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