Bloomberg News Now April 6, 2025: Trump Ramps Up Iran Threats Ahead of Deadline, Oil Climbs, More
Apr 7, 2026
Coverage of a presidential deadline and escalating threats toward Iran, plus U.S. military planning tied to energy targets. Rising oil prices and supply-chain inflation risks are explored. Reports on leaked rescue details and concerns about press freedom after threats to jail journalists. Artemis II breaks a distance record and communications are briefly lost and regained.
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Trump Issues Deadline And Threatens Broad Strikes
- President Trump set a hard deadline for Iran to reopen the Strait of Hormuz and threatened sweeping strikes on Iranian infrastructure.
- Trump described plans to 'decimate' bridges and 'destroy' power plants within a four-hour window if the deadline isn't met, signaling military escalation and legal concerns.
U.N. Warning And Oil Reaction To Military Rhetoric
- The U.N. warned Trump's threats could violate international law while U.S. planners reportedly compiled lists of Iranian energy targets.
- Markets reacted: oil prices rose as planners considered strikes on energy infrastructure, raising inflation risks per Ernest Moniz.
Ernest Moniz On Lasting Inflation From Oil Spikes
- Energy expert Ernest Moniz warned higher oil and commodity prices could sustain inflation if Middle East tensions persist.
- Moniz stressed supply chains are only beginning to feel price rises, implying staggered inflation impacts.