US-Iran Fight Centers on Hormuz

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The US said it had further stepped up strikes on Iran as both sides in the war threatened to escalate a conflict hitting its two-week mark that has upended energy flows and financial markets.

“They’re going to be hit. They can talk all they want but, you know, let’s see what they do,” President Donald Trump told Fox News Radio in an interview that aired Friday. “They’re going to maybe do something having to do with the straits.”

The 14th day of the war marked the largest attacks yet against the Islamic Republic, with the US and Israel hitting around 15,000 targets since the war began, US Defense Secretary Pete Hegseth said.

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, Bloomberg's Tyler Kendall is in for Kailey. Joe and Tyler speak with: • Bloomberg Economics Chief Geoeconomics Analyst Jennifer Welch. • Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Brownstein Hyatt Farber Schreck Partner Rosemary Becchi. • Bloomberg News Senior Editor for Technology and Strategic Industries Michael Shepard. • Bloomberg Intelligence Senior US Policy Analyst Nathan Dean. • Andesite Co-Founder and CEO Brian Carbaugh. See omnystudio.com/listener for privacy information.