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Trump Holds Off Iran Attacks, Blanche Strikes Deal With GOP Senators | Balance of Power
Posted
August 4, 2026
Views
1,445
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13
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August 4, 2026
1,445
13
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38:20Now PlayingInsight & analysis on the White House and Capitol Hill.
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President Donald Trump said his latest offer of talks is a “last chance” for Iran after he called off what he said was a major attack on the Islamic Republic.
Iran denied it was negotiating with the US, but said talks with Oman to get more ships moving through the Strait of Hormuz are making progress.
Despite the conflicting signals, the suggestions of renewed diplomacy pushed oil prices lower on Monday, with Brent crude down about 4.6% to just under $84 a barrel.
Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with:
Bloomberg News White House and Politics Team Lead Jordan Fabian.
Beacon Global Strategies Managing Director Michael Allen.
Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Stonecourt Capital Partner Rick Davis.
Bloomberg Intelligence Senior US Policy Analyst Nathan Dean.
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Bloomberg Washington Correspondent Joe Mathieu delivers insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy.
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