On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss the latest news from the Trump Administration. On today's show, American Petroleum Insitute President Mike Sommers, Stonecourt Capital Partner Rick Davis, Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and States Project Co-Founder Daniel Squadron. Chapters: 00:00:00 - Balance of Power: Early Edition 00:01:33 - Strait of Hormuz, Energy Security & Rubio's Middle East Trip 00:02:05 - Strategic Petroleum Reserve & U.S. Energy Policy 00:02:24 - Market Open: Tech Selloff, AI Concerns & Oracle Cuts 00:04:15 - Iran Sanctions Relief Debate & Frozen Assets 00:07:15 - Trump Administration's Iran Strategy 00:10:30 - Mike Sommers on U.S. Energy Security & Domestic Production 00:16:45 - Supply Chains, Infrastructure & Critical Resources 00:23:00 - Political Roundtable: Iran Deal Implications 00:24:45 - Trump Messaging, Campaign Politics & Economic Narrative 00:32:38 - Space Stocks, SpaceX & Growth Themes 00:35:15 - Market Check: Bonds, Big Tech & Risk Appetite 00:39:02 - Inflation, Affordability & Voter Priorities 00:42:30 - Technology Sector Outlook & AI Spending Questions -------- 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