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Trump Wants Hormuz Deal Immediately, Michigan Primary Day | Balance of Power
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August 4, 2026
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39:21Now PlayingInsight & analysis on the White House and Capitol Hill.
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US President Donald Trump is pushing Iran to reach a deal with Oman on the Strait of Hormuz as soon as Tuesday, or face devastating air strikes.
“I want to give them every last chance before decapitation,” Trump told reporters on Monday. “You’ll find out today or tomorrow. I mean, they’re going to go quickly, one way or the other. It’s not very complex.”
This is a “last chance” for Iran to come to an agreement, the president said, after he called off what he described as a major attack on the Islamic Republic over the weekend that would have likely involved Israel.
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.
American Petroleum Institute President and CEO Mike Sommers.
Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Stonecourt Capital Partner Rick Davis.
Bloomberg Tech Co-Host Ed Ludlow.
Brookings Institution Vice President Suzanne Maloney.
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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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