Bloomberg播客：油价连跌，市场关注美伊停火谈判与霍尔木兹海峡局势

This is Bloomberg Businessweek daily reporting from the magazine that helps global leaders stay ahead with insight on the people, companies, and trends shaping today's complex economy, plus global business, finance and tech news. As it happens. The Bloomberg Businessweek daily podcast with Carol Massar and Tim Stanback. Hey, listen, um, we've been talking about this. We know this time of the year here in New York City.

So, well, streets blocked off lots of barriers. Security on high alert. Uh, we've got a lot of officials coming in and out of the Bloomberg building as well. And you've got members of New York City police force all over Manhattan. Uh, the UN General Assembly getting underway. Yeah. You to, uh, UN headquarters right here in New York City, the meetings happening amid the Russian war against Ukraine. Uh, the U.S. war in Iran, now in its seventh month.

Carol, it is a lot. It's also got leaders from many different countries here in the U.S. and also meeting in other places too. So we want to figure out kind of what we all need to be focusing on this week. Chris Kennedy. That's part of his job. Here at Bloomberg, he's economic statecraft lead at our Bloomberg Economics team. He's out there in our Bloomberg D.C. news bureau Chris Unger. Let's not forget President Trump's meeting President XI of China.

He's also meeting the interim president of Venezuela. It feels like it's a game of whack a mole. The geopolitical version this week. What what's top of mind for you and the team in D.C. and all of our Bloomberg News reporters and editors that are following the UN General Assembly this week? Well, uh, as you said, this week is always a big one on the foreign policy front. We are, of course, watching Unga, the high level weekend.

And, you know, we don't expect any major peace deals to come out of this week. Of course, the president would love to have some good news on the foreign policy front. So there's always a possibility he he could get something or message something. But in terms of what we're actually looking at, uh, we think the Gulf Cooperation Council meeting will be something to watch. Uh, in particular, there's a questions about, you know, U.S. commitment post midterms.

There's questions about the extent to which the U.S. is willing to engage and defend some of the Gulf Arab allies in the region, especially after, uh, some of the requests coming out of Riyadh from Saudi Arabia for support from the U.S.. So just getting a sense of where things are going to be going from, from there. Uh, of course, del C Rodriguez's in town, as you mentioned. Uh, we see this as the U.S. really trying to put her forth to the global community as the legitimate leader of Venezuela, perhaps attract some additional investment from other countries.

Uh, and then, uh, you know, Ukraine, Russia, uh, Zelensky and Trump will meet. Uh, President Trump is very concerned about diesel prices. We think it's unlikely that he will be able to secure a cease fire, primarily because that would require Russia to stop attacking Ukraine as well. As frustrated as Trump is about the refinery hits by Ukraine on Russian energy assets, then, uh, the big the big meeting between XI and Trump in DC.

Uh, so it's a lot we don't expect, uh, a ton there either. We do think that both sides really want to maintain stability right now. You know, China has no interest in a big shock to the relationship between the US. Um, and China right now because they depend on, you know, global growth holding up export markets around the world. And of course, the U.S. still depends on China for critical inputs like rare earths. And the president wants to avoid any additional economic headwinds before the midterms.

Chris. Forgive me for being you covered a lot. So we appreciate that. Forgive me for being a little provincial, though, and bringing up the mayor. Uh, mayor's meeting today with President Trump. That set to happen later this afternoon. The president is now on his way here to New York City for that meeting. From a D.C. perspective. I mean, we understand the New York perspective being New Yorkers here, but the D.C. perspective, why are you watching this?

Oh, the mayor's meeting. Yeah. Mayors meeting with the president on Monday. Yeah. So, you know, I think for for for the president, this is really just an exercise in messaging. I think we saw previously when president, uh, Trump met with, uh, Zoran Mamdani, that it was a relatively it was positively covered by the press. It was a bromance, Chris. Come on. Just go there. It's all in. He he's been. The president's been very frustrated by the way the media is covering him recently, as we saw, you know, kicking out some news, uh, outlets, uh, from white House access.

So I think that's that's primarily it it's not going to solve any of the problems and the challenges that he faces ahead of a midterm elections on November 3rd. One thing I want to ask you, and this is something we're going to dig in, Tim and I, over the next couple of hours is just this banning of certain news outlets and lack of TV pool coverage. Um, and now we've got the white House app where you can go to to find out what's going on.

Why is this? This isn't the first time the president has looked to ban members of the press community. Why is this happening now? Amid everything, I think it's done. Well, you know, certainly he, by all accounts, has talked about this in the past. He's been, uh, walked off of those threats, uh, by, you know, the team at the white House. That team has changed. Uh, Carolyn Leavitt is no longer at the white House. Uh, but, of course, I think the president sees all of the, uh, the negative headlines about the Iran war, about, you know, his his renovations and efforts to, uh, to renovate and put his name on the Kennedy Center.

And it seems to just be boiling over. So, uh, that's how I would look at this. This is just sort of the culmination of a lot of bad news rather than, you know, some discreet change. and. Stay with us. More from Bloomberg Businessweek daily coming up after this. Break. All right. So we did, um, mention the energy prices oil down for a fourth day. Brent set for the longest run, a decline since June. Traders tracking diplomatic efforts to end the US Iran war.

Crude and liquefied natural gas flowing through Hormuz are running at a six month high. That's according to Admiral Brad Cooper. He is head of U.S. Central Command. So weighing in on the global energy markets amid the U.S. war in Iran, Qatar's prime minister and minister of foreign affairs, also an adviser to the prime minister of Qatar, an official spokesperson for the Ministry of Foreign Affairs, Qatar's energy president, Qatar energy president, I should say, and CEO.

He is also Qatar Minister of State for energy and former U.S. Treasury Secretary Steven Mnuchin. You know him all at Sunday's Unga special edition of the Guitar Economic Forum. It was powered by Bloomberg. Just check it out, everyone. Each and every government. There is a lot of fat that needs to be cut, and every time you'll have such a crisis, we need to use this opportunity to cut this fat. For the past couple of weeks now, we've been going back and forth over different ideas to restart the talks since the end of hostilities, to, uh, to the region, the trade that we have, uh, through that straits.

It cannot be obsolete because you know, everything through, you know, that comes through to Iraq, to, to Iran, to to Qatar, to Kuwait, to Bahrain. I mean, we have a few countries that have waterways outside the Gulf, but the rest of the countries are all inside. We need to make it clear to the Iranians the strait is open and will be open and that they can hold it hostage. All right. That of last voice, of course. Former U.S.

Treasury Secretary Steven Mnuchin. What's interesting is the three voices you heard before that, um, Qatari officials, Um, and then also, uh, certainly Qatar energy officials, just with