Bloomberg This Weekend | No Peace Deal, Swalwell Allegation, Breaking: Trump’s Blockade on Strait
Speakers
Summary
This episode of Bloomberg This Weekend covers the breakdown of U.S.-Iran peace talks and its implications for oil markets and global risk assets. It also discusses elections in Hungary and Peru, upcoming bank earnings, and features interviews on topics ranging from AI-assisted marathon training to a biography of golfer Rory McIlroy.
- U.S.-Iran peace talks in Pakistan ended without a deal, jeopardizing the cease-fire and Strait of Hormuz reopening.
- Oil prices are expected to surge due to continued supply disruptions, with physical crude trading at a premium.
- Bitcoin fell as risk aversion increased, highlighting its status as a risk asset.
- Bank earnings are due next week, with volatility boosting trading revenues but consumer spending under pressure.
- Hungary's election could shift its alignment with the EU and affect Chinese investments.
- The war's ripple effects include higher inflation, potential rate hikes, and impacts on semiconductors and travel.
- An interview with author Alan Shipnuck discusses his new biography of Rory McIlroy.
- A segment explores using AI to train for a marathon.
Trade Ideas
Oil prices will rise due to supply disruption.
Oil prices will open sharply higher because the Strait of Hormuz remains closed, causing a significant supply shortfall that the market is underestimating; physical crude is trading at a large premium to futures, and normalization of flows will take months even in the best case.
Overweight Treasuries as a safe haven.
Investors should overweight Treasuries to hide from market volatility and potential downturn; Treasuries are a safe haven in times of geopolitical and economic uncertainty.
Up Next
This Bloomberg Markets video, published April 12, 2026, features Amrita Sen discussing WTI, TLT. 2 trade ideas extracted by AI with direction and confidence scoring.
Speakers: Amrita Sen · Tickers: WTI, TLT