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US-Iran Peace Prospects Dim as Trump Rejects Truce Extension | Bloomberg Businessweek
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August 17, 2026
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President Donald Trump said he’s not interested in extending the expiring agreement with Iran. The price of Brent crude climbed above $90 a barrel as fresh concerns about an escalation of the war jolted global energy markets. Tensions in the Middle East were already on the rise over the weekend, with Israel’s military saying it killed senior Hezbollah commander Abu Hassan Alaa in southern Lebanon.
On this episode, Carol Massar and Tim Stenovec speak with:
Jordan Fabian, Bloomberg News White House and Politics Team Leader
Nick Wadhams, Bloomberg News National Security Reporter AND Mark Cancian, CSIS Senior Adviser, Defense and Security Department on US-Iran latest from a military/stockpile/weapons standpoint, Iran's side of negotiations
Sri Natarajan, Bloomberg News Chief Wall Street Correspondent on ‘I Hate Losing’: Walter Rushes Makeover as DOJ Probes His Empire
Peter Harrell, Visiting Scholar at the Georgetown Institute of International Economic Law AND Former Biden White House Senior Dir. for International Economics
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Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.
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