US Launches New Iran Strikes | Radio Balance of Power: Early Edition 9/1/2026

On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss the latest from Iran. On today's show, Republican Congressman Marlin Stutzman of Indiana, Democratic Congresswoman Madeleine Dean of Pennsylvania, Stonecourt Capital Partner Rick Davis, Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Beacon Global Strategies Energy Practice Lead Clayton Seigle. Chapters 00:00:00 Radio Balance of Power: Early Edition 00:03:29 New U.S. Strikes Around the Strait of Hormuz 00:04:10 Trump Meets With Big Oil as Gas Prices Rise 00:06:32 Rep. Marlin Stutzman on Iran & the Midterms 00:08:17 Russia Sanctions & Government Funding 00:10:20 Republicans' Midterm Message 00:12:08 Beef Prices, Tariffs & American Farmers 00:15:12 How Long Will Beef Prices Stay High? 00:17:09 Political Panel on Affordability & the Midterms 00:22:14 Rep. Madeleine Dean on Congress & Government Funding 00:23:54 Russia Sanctions, Ukraine & Trump's Tariff Powers 00:26:20 Dean on the Resumption of U.S. Strikes on Iran 00:29:10 Trump Threatens an Even Bigger Attack on Iran 00:31:29 Political Panel on Ending the Iran War 00:38:29 Big Oil Meets Trump on Refining Capacity 00:40:13 Iran, the Strait of Hormuz & a Seven-Month Stalemate 00:42:54 Why the U.S. Can't Quickly Build More Refineries 00:44:17 Can Venezuelan Oil Bring U.S. Prices Down? 00:47:08 Is the U.S.-Iran Conflict Spiraling Again? -------- 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:   / bloombergtv   Facebook:   / bloombergtelevision   Instagram:   / bloombergtv   Connect with Bloomberg Business on: X:   / business   Facebook:   / bloombergbusiness   Instagram:   / bloombergbusiness   TikTok: https://www.tiktok.com/@bloombergbusi... Reddit:   / bloomberg   LinkedIn:   / bloomberg-news   More from Bloomberg: Bloomberg Radio:   / bloombergradio   Bloomberg Surveillance:   / bsurveillance   Bloomberg Politics:   / bpolitics   Bloomberg Originals:   / bbgoriginals   Watch more on YouTube: Bloomberg Technology:    / @bloombergtechnology   Bloomberg Originals:    / @business   Bloomberg Quicktake:    / @bloombergquicktake   Bloomberg Espanol:    / @bloomberg_espanol   Bloomberg Podcasts:    / @bloombergpodcasts