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Admin Denies Hormuz Escort, Stocks Whipsawed | Bloomberg Businessweek Daily 3/10/2026

On today's episode of Bloomberg Businessweek Daily, Carol Massar and Norah Mulinda speak with Bloomberg National Security editor Iain Marlow about the mixed messaging out of the Trump White House around the timeline of the Iran war. Then, Kevin Gordan, Head of Macro Strategy at Schwab, gives his insight about market reaction as oil prices fluctuate. Plus, Bloomberg Balance of Power host Joe Mathieu breaks down the confusion over whether or not the United States escorted an oil tanker through the Straight of Hormuz. Then, Businessweek Daily co-host Tim Stenovec joins the show from the FIA conference in Boca Raton, Florida as he talks to leaders in crypto and prediction markets. (Source: Bloomberg)