Israel/Iran Conflict Escalates, Trump at the G7

<p><strong>Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.<br /><br />US President Donald Trump said Iran wants to talk about deescalating the conflict with Israel even as the two sides exchanged deadly fire for the fourth consecutive day.<br />Asked about reports that Iran wants to work toward a resolution, Trump responded &ldquo;yeah,&rdquo; and added, &ldquo;they&rsquo;d like to talk, but they should have done that before. &rdquo;It&rsquo;s painful for both parties but I would say that Iran is not winning this war,&rdquo; Trump said at the start of a meeting with Canadian Prime Minister Mark Carney at a Group of Seven leaders summit in Kananaskis, Alberta. Asked if the US would get more involved militarily, Trump said he didn&rsquo;t want to discuss it.<br /><br />The Wall Street Journal reported earlier Monday that Tehran is signaling it wants to de-escalate hostilities with Israel and is willing to resume nuclear talks with the US as long as Washington doesn&rsquo;t join the Israeli attacks. It cited Middle Eastern and European officials it didn&rsquo;t identify. A similar report by Reuters says Iran conveyed the message through Qatar, Saudi Arabia and Oman.<br /><br />Oil fell on the WSJ report, with Brent futures dropping around 4% after rising over 10% Friday. US Treasuries pared earlier drops and European bonds gained as traders reacted to diminishing concerns about inflation.<br /><br />About the same time as Trump was speaking, Iran&rsquo;s semi-official Mehr News Agency cited a senior security official as saying the country is prepared to deliver a &ldquo;major blow&rdquo; to Israel following its recent strikes on Iranian cities and targets. Shortly afterward, air raid sirens sounded as Israel reported it had detected more missile launches.<br />Today's show features interviews from the Bloomberg Technology Summit in San Francisco:</strong></p> <ul> <li>Bloomberg News National Security Team Leader Nick Wadhams on latest in Israel-Iran Conflict and Bloomberg News Correspondent David Gura on Israel/Iran Conflict and G7 Meeting</li> <li>Beth Fouhy, Partner at FGS Global, on latest ICE Deportations, US Domestic News</li> <li>Rob Thummel, Senior Portfolio Manager at Tortoise Capital on energy markets</li> <li>and we Drive to the Close with Chris Fasciano, Chief Market Strategist at Commonwealth</li> </ul><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>