Bloomberg's Devika Krishna Kumar breaks down the latest movement in the oil markets as Trump throws cold water on hopes of a deal between the US and Iran. Then, Hardika Singh, economic strategist at Fundstrat, discusses the markets as stocks continue to trade higher despite risk from the war in Iran. Plus, Bloomberg Economics chief geoeconomics analyst Jennifer Welch previews Trump's trip to Beijing to meet with China's President Xi later this week. Finally, Angi CEO Jeff Kip talks his company's 'radical pivot' to AI. Chapters: 00:00:00 - Bloomberg Businessweek Daily 00:03:54 - Oil Climbs After Trump Rebuffs Iran's Offer 00:06:13 - Trump Floats Temporary Gas Tax as Prices Soar 00:10:22 - Oil Climbs as Trump Says US-Iran Ceasefire on 'Life Support' 00:12:48 - Global Economy Feels Impact of Iran War 00:21:16 - Trump Rejects New Iran Offer 00:23:01 - Trump to meet Xi in Beijing this Week 00:28:47 - Musk, Cook Set to Join Trump for Xi Summit, White House Says 00:34:12 - Angi Becomes Latest Company to Announce AI Pivot 00:43:42 - Stocks on the Move Today -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET Saturday & Sunday 7am-10am ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: https://twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: https://apple.co/486mghI Android Auto: https://bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: https://www.youtube.com/bloombergpodcasts Bloomberg Television: https://www.youtube.com/@markets Bloomberg Originals: https://www.youtube.com/bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake