'Let's Just Finish the Job': Trump Confirms Iran Strikes to Likely Come Wednesday Night

Daily on Energy: Ceasefire over, Trump backs Texas transmission, and Arizona mining

WHAT’S HAPPENING TODAY: Good afternoon and happy Wednesday, readers! President Donald Trump announced that the ceasefire in Iran has ended, following the U.S. and Iran exchanging attacks overnight. The president also threatened to continue launching strikes at Iran. The escalation in the Middle East has sent oil prices back up. 🛢️🇺🇲🇮🇷 In other news, the […]

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

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. (Source: Bloomberg)

Iran’s ‘golden weapon’ of Strait of Hormuz became a greater priority than its nuclear program — here’s how

"Recognize the new Iranian order in the Strait of Hormuz: this is the only way forward," wrote Ebrahim Azizi, a member of the Iranian parliament's national ​security and foreign policy committee on social media, addressing the US.

Schumer: Trump’s Iran deal is ‘total, utter disaster’

Senate Democratic Leader Chuck Schumer (N.Y.) issued a statement Wednesday blasting President Trump’s peace deal with Iran as a “total, utter disaster.” He issued the scathing statement after Trump said the memorandum of understanding (MOU) to end hostilities with Iran and reopen the Strait of Hormuz is “over.” “Trump’s so-called ‘deal’ to end hostilities with…

Watch: Trump slams Iran, calls regime "scum" and says he's unsure about deal as NATO summit wraps

President Trump on Wednesday spoke to reporters about a number of topics as the NATO summit in Turkey came to an end. At one point, Mr. Trump said he wasn't sure if he wants to make a deal with Iran and threatened new strikes against the nation. Watch the full press conference.

DEVELOPING: US Central Command Fires Off Warning to Iran as US Prepares Strikes With More Than 20 Warships Patrolling the Middle East (VIDEO)

US Central Command showed off the presence of US forces in the Middle East as President Trump threatens continued strikes in Iran tonight.  Fighting resumed last night, with the United States launching attacks against Iran in response to Iran targeting several ships in the Strait of Hormuz on Tuesday. The post DEVELOPING: US Central Command Fires Off Warning to Iran as US Prepares Strikes With More Than 20 Warships Patrolling the Middle East (VIDEO) appeared first on The Gateway Pundit.

Trump’s Iran Ceasefire Was Built on Falsehoods

The war Trump launched against Iran in February didn’t end in the victory he has claimed. Nor did the ceasefire terms he agreed to represent Iran’s “unconditional surrender.” They were anything but, Bloomberg Opinion columnist Marc Champion says. (Source: Bloomberg)