Oil Surge Tied to Iran Tensions

Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Oil is on track for another weekly jump as the US considers action targeting Iran’s critical Kharg Island export hub. FedEx beats on earnings, but what does the growing Iran conflict mean for global business? Plus, US  prosecutors charge a Super Micro co-founder in a massive scheme to funnel Nvidia AI servers to China, raising fresh concerns over export controls. Open Interest gets key insights from the CEO of one of Europe’s largest defense contractors—and Mexico’s Finance Minister weighs in on oil’s global impact. Chapters: 00:00:00 - Open Interest 00:02:16 - Trump Weighs Action on Iran’s Kharg Island: Axios 00:05:24 - Oil Set for Another Weekly Surge 00:10:10 - Fedex Says Iran Won’t have Material Impact 00:12:39 - High Interest | Janus Henderson Group, Solomon, Super Micro 00:14:03 - Super Mirco Co-Founder Charged in AI Smuggling Case 00:19:48 - Cole Smead Smead Capital | Iran Sustains Attacks 00:22:53 - Stock to Watch | Fedex 00:33:46 - Top Calls | Chipotle, Occidental Petroleum, Chevron 00:34:44 - Fedex Says Iran War Won’t Have Material Impact 00:39:38 - Index Additions Set for $44 Billion in Buying Spree 00:44:50 - Wall Street Faces a $5.7 Trillion Triple-Watching Jolt 00:48:36 - Kate Moore Citi | US Sending Three Warships to Middle East: WSJ 00:58:35 - JP Morgan to Track Junior Banker Hours 01:05:26 - Patrice Caine Thales Group | Europe’s High-Flying Defense Stocks are Losing Momentum 01:16:15 - Edgar Amador Mexico Finance Minister | Mexican Peso Weakens Against US Dollar 01:23:16 - Trading Diary 01:24:09 - Pentagon Seeks $200B for Iran War -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts