White House Press Briefing

Watch on YouTube ↗  |  March 25, 2026 at 18:22  |  23:05  |  Bloomberg Markets
Speakers
Karoline Leavitt -- White House Press Secretary — White House Press Secretary

Summary

  • The White House is actively pursuing negotiations with Iran to end the current conflict, describing talks as "productive" and ongoing, while dismissing a reported 15-point plan as containing speculation and misinformation.
  • The administration's primary goals concerning Iran are preventing nuclear weapons, addressing ballistic missiles, and securing freedom of navigation in the Strait of Hormuz.
  • To stabilize oil markets, the administration has taken or announced several measures: coordinating a 400 million barrel release via the IEA, issuing a temporary Jones Act waiver, offering political risk insurance for tankers, and granting a nationwide emergency waiver for E15 gasoline (15% ethanol).
  • A key uncertainty is the timeline for reopening the Strait of Hormuz to free oil tanker traffic, which the administration is "working towards as quickly as we can" but without a specific date.
  • The White House is framing a stalemate over Department of Homeland Security (DHS) funding as a Democratic-led issue, claiming it has caused TSA chaos, and has deployed ICE agents to airports as a "creative solution" to reduce wait times.
  • The administration strongly advocates for the "Save America Act," emphasizing voter ID and proof of citizenship, and the President is "willing to use any means necessary" to pass it, including budget reconciliation.
  • Press Secretary Leavitt delivered sharp political attacks, discrediting critics like former official Joe Kent and Congressman Jamie Raskin, and accusing the Biden DOJ and prosecutor Jack Smith of conducting a "witch hunt."
Trade Ideas
Karoline Leavitt White House Press Secretary 5:42
The Press Secretary explicitly detailed multiple administrative actions aimed at stabilizing oil markets: coordinating a 400M barrel IEA release, issuing a Jones Act waiver, offering tanker insurance, and granting an emergency waiver for E15 gasoline sales. These are direct, stated interventions in the energy market designed to increase supply and logistical flexibility to control prices during a geopolitical crisis centered on a major oil chokepoint (Strait of Hormuz). The administration is actively and creatively intervening to suppress oil price volatility. This creates a headwind for bullish oil price momentum in the short term, warranting a WATCH status to monitor the efficacy of these measures versus escalating conflict risks. Military escalation in the Strait of Hormuz or a collapse of negotiations with Iran could overwhelm these policy measures and cause a supply shock.
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This Bloomberg Markets video, published March 25, 2026, features Karoline Leavitt discussing WTI. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: Karoline Leavitt  · Tickers: WTI