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Oil Rises on Report Israel May Strike Iran; Justice Department Opens Probe of Andrew Cuomo |...

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May 21, 2025

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On today's podcast:

1) Oil rose after CNN reported that new US intelligence suggested Israel could be gearing up for a possible strike on Iran’s nuclear facilities. The dollar, US stock futures and Treasuries retreated.

2) Andrew Cuomo, who’s running to be mayor of New York City, hit out at the Trump administration following a New York Times report that the Justice Department has opened a criminal investigation over testimony he gave relating to his actions during the Coronavirus pandemic.

3) Elon Musk said he’s committed to still leading Tesla Inc. five years from now and expects to pare back his political spending, assuaging some investors’ concerns about the future of his most valuable company.

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Oil Rises on Report Israel May Strike Iran; Justice Department Opens Probe of Andrew Cuomo |... · Bloomberg Podcasts · Sentinel