Renewed hostilities between the United States and Iran have revived questions over whether the conflict is slowly moving toward a settlement or instead heading for further escalation, while highlighting Washington’s frustration with the sluggish pace of sanctions.

U.S.-Iransanctionsescalationconflict

Bloomberg News Now presents a brief, continually updated audio report on the day’s leading stories, including a jump in oil prices after US strikes and the continuing US-Canada trade war.

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Bloomberg News Now’s audio briefing highlights the continuing US-Canada trade war, Iran’s unfazed trade partners and other leading global business stories, with updates throughout the day.

US-Canada trade warIran tradeglobal business

Bloomberg News Now is a comprehensive audio report of the day’s top stories, including a US military strike after a month and the continuing Canada trade war. It is updated throughout the day with global business news.

United StatesCanadatrade warglobal business

Shares of HDFC Bank rose after the chief executive of India’s largest private lender unexpectedly announced that he would not seek reappointment.

HDFC BankIndia bankingCEO departure

Aon Plc is nearing a deal to buy USI Insurance Services from private equity firm KKR for roughly $17 billion, including debt, the Wall Street Journal reported Sunday, citing people familiar with the matter.

AonUSI InsuranceKKRinsurance brokerage

Six months after the United States and Israel launched their war against Iran, the worst economic forecasts have not materialized. Still, the conflict’s effects have been uneven, benefiting investors while imposing costs on consumers.

Iran wareconomic impactinvestorsconsumers

Venezuela says its energy agreement with the United States will run for 25 years and target production of 1.5 million barrels per day. Rodriguez outlined details of the deal.

VenezuelaUnited Statesenergy dealoil production

Venezuelan interim President Delcy Rodriguez said on Saturday that the energy agreement with the United States would remain in force for 25 years. She said it aims to raise crude production to 1.5 million barrels per day while preserving Venezuela’s sovereignty over its natural resources.

VenezuelaUnited Statesenergy dealoil production

Venezuela's interim President Delcy Rodriguez said the energy agreement with the United States would remain in force for 25 years, aim to raise crude production to 1.5 million barrels per day and preserve Venezuela's sovereignty over its natural resources. She called it a “historic” deal that could revive the economy and increase government revenues.

VenezuelaUnited Statesenergy agreementoil production

The US says it has reached a deal with Venezuela’s interim government giving Washington majority control over 17 strategic oil fields and more than 65 billion barrels of proven reserves. Details remain unclear, critics call it a takeover of Venezuela’s resources, and analysts question the oil figure announced by Trump.

VenezuelaUnited Statesoil dealDonald Trump

Several questions about the U.S. agreement to develop Venezuela’s vast oil reserves remain unanswered, and a rapid, large-scale production increase appears unlikely. Experts warn that higher Venezuelan exports would compete directly with Canadian crude in the U.S. Gulf Coast market.

Venezuelan oilCanadian oil industryU.S. market

Former White House teleprompter operator Gabriel Perez must pay more than $172,000 after using advance knowledge of Donald Trump's speeches to bet on Kalshi. He will surrender $107,539.02 in profits, pay a $65,000 civil penalty and face a three-year trading ban.

White HouseDonald Trumpinsider tradingKalshi

A White House teleprompter operator will pay more than $172,000 to resolve a federal regulator’s investigation into alleged well-timed prediction-market bets linked to President Donald Trump’s speeches.

Donald TrumpWhite Houseinsider-trading probe

The Commodity Futures Trading Commission announced penalties against Gabriel Perez, who placed the bets through Kalshi, ordering him to pay $172,000.

White HouseKalshiregulatory penalties

President Donald Trump announced on Friday an unprecedented US effort to take control of one-fifth of Venezuela’s vast oil reserves. He is betting American companies can revive the OPEC member’s battered energy sector while adding crude supplies to help lower US fuel prices.

US politicsVenezuelaoil reservesDonald Trump

Donald Trump says the US has reached a deal to control 65 billion barrels of Venezuela’s oil reserves. He has long been open about wanting the US to secure Venezuelan oil and has urged oil companies to invest in the South American country.

United StatesVenezuelaoil deal

US President Donald Trump says the United States and Venezuela have reached the “biggest oil deal in world history,” giving Washington control of 65 billion barrels of Venezuelan oil. Critics describe the agreement as predatory.

United StatesVenezuelaoil deal

Bloomberg News Now covers Trump’s statement that the US has secured some Venezuelan oil reserves, along with remarks by Warsh and other top stories. The report is updated throughout the day and focuses on global business news.

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Bloomberg News Now highlights Donald Trump’s statement that the US has secured some Venezuelan oil reserves, remarks by Warsh, and other leading stories. The audio report is updated throughout the day with global business news.

Donald TrumpVenezuelan oilWarsh

Donald Trump says the United States has secured majority control of more than 65 billion barrels of Venezuela’s proven oil reserves in a deal intended to revive the country’s energy industry and increase crude supplies to US refineries. The arrangement could bring about $209bn to Venezuela’s treasury, but its structure and implementation remain undisclosed and may face legal and constitutional challenges.

VenezuelaDonald Trumpoil dealUS energy

US Secretary of State Marco Rubio said an oil agreement with the United States could help Venezuela attract about $100 billion in private investment and support the reconstruction of its economy. He said the deal would also secure stable, low-cost oil reserves for the US and help lower gas prices. Trump had earlier announced majority US control of more than 65 billion barrels of Venezuela’s proven reserves.

Venezuelaoil dealprivate investmentUnited States

The decision lets states subject prediction markets to gambling-style oversight, dealing a major setback to the rapidly expanding industry.

prediction marketsgambling regulationcourt ruling

A latest U.S. appeals court ruling confirms that states have authority over prediction markets, dealing Kalshi a legal setback. The decision sets up a split among federal courts over event contracts and raises the possibility that the U.S. Supreme Court will have to resolve the dispute.

Kalshiprediction marketsU.S. appeals courtsports betting

The Ninth Circuit Court of Appeals ruled that sports-related event contracts are not swaps, contradicting an April decision by the Third Circuit and potentially setting up a Supreme Court battle.

prediction marketsU.S. appeals courtsports contracts

A federal appeals court ruled Friday that Kalshi is not entitled to an injunction preventing Nevada from overseeing its prediction-markets platform, where users can bet on sporting-event outcomes.

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