
Bloomberg Daybreak: US Edition Iran Vows Revenge; Trump Says War May End Soon
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Mar 18, 2026 Stuart Livingstone Wallace, Bloomberg’s Middle East lead who analyzes casualties and regional fallout, and Patrick Sykes, breaking news editor reporting from the region, walk through Iran’s latest missile and drone attacks, the killing of Ali Larajani, disruptions to the Strait of Hormuz and shifts in Gulf state alignments. They discuss contested control of shipping lanes and diplomatic off-ramps amid rising tensions.
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Trump Couldn’t Rally NATO For Hormuz Mission
- President Trump failed to recruit NATO and other partners to reopen the Strait of Hormuz, reflecting weak international support for his mission.
- Stuart Livingstone-Wallace says allies gave non-committal or flat refusals after trade and rhetoric frictions weakened ties.
Killing Larijani Strengthens Hardliners In Iran
- Israel killed Ali Larijani, Iran's top security official, removing a potential moderating conduit for talks.
- Stuart Livingstone-Wallace says Larijani balanced hardliners and pragmatists, so his death increases hardliner influence in Tehran.
Iraq Exports Via Turkey Won’t Replace Hormuz Supply
- Closure of the Strait of Hormuz squeezed global oil flows, prompting alternative routes like Iraq exports via Turkey.
- Anthony DiPaolo notes northern Iraqi and Kurdish fields add supply but won't replace Hormuz volumes.
