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Oil Supply Shock Roils Global Economy as US Expands Threat | Bloomberg Businessweek Daily 3/30/2026

On today's episode of Bloomberg Businessweek Daily, Carol Massar and Tim Stenovec speak with Bloomberg Middle East reporter Dan Williams about President Trump's threat to bomb Kharg Island if Iran doesn't open the Strait of Hormuz and fighting in Lebanon as the war widens. Then, Florian Ielpo, head of macro at Lombard Odier Investment, breaks down the macro environment as war sends shockwaves through the global economy. Plus, Retired Marine Corps Major General Mastin Robeson discusses why securing the Strait of Hormuz not be possible even with American boots on the ground and the war's impact on the US relationship with China. Finally, Tim Baker, head of FX Research for Americas at Deutsche Bank, talks the war's impact on the strength currencies, including the US dollar and the euro. (Source: Bloomberg)