US, Iran Reach Hormuz Deal | Balance of Power 6/15/2026

On the early edition of Balance of Power, Bloomberg Washington Correspondent Kailey Leinz discusses the latest news from the Middle East. On today's show, McCain Institute Executive Director Evelyn Farkas, Stonecourt Capital Partner Rick Davis, Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Rapidan Energy Group President Bob McNally. Chapters: 00:00:00 - Balance of Power: Early Edition  00:03:15 - US Oil Reserve Hits 43-Year Low as Trump Aims to Tame Gas Prices 00:05:14 - US and Iran Reach Deal to Halt War, Reopen Hormuz 00:05:45 - US-Iran Deal to Dominate G7 Meeting in France 00:06:09 - US Says Iran Deal to Be Singed Friday 00:07:35 - Trump Speaks with Putin, Zelenskyy Even as Peace Talks on Hold 00:09:18 - McCain Institute Executive Director on Bloomberg 00:11:46 - Israel Says Not Bound by US-Iran Deal, Continues Striking Lebanon 00:15:47 - Europeans to Seek Trump Buy-In at G7 for Talks with Russia 00:21:13 - World Leaders Gather for G7 Meeting in France 00:29:42 - Lawmakers Wait for Text of US-Iran Deal 00:34:56 - Rapidan Energy Group President on Bloomberg 00:37:51 - Hormuz Trade Will Lake Months to Return to Normal, Analysts Say 00:43:18 - Anthropic Shuts Down Mythos Access After Sweeping US Order -------- 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