Trump Promises "Last Chance" for Iran; Michigan's Primary Progressive Test
Bloomberg Daybreak: US Edition

Trump Promises ”Last Chance” for Iran; Michigan’s Primary Progressive Test

2026-08-04
Today's top stories, with context, in just 15 minutes.On today's podcast:1) Oil rose after its biggest drop in a week, as President Trump said his latest offer of talks is Tehran’s “last chance” and that he expects a full reopening of the Strait of Hormuz. Tehran denied it was talking with the US, but said discussions with Oman to get more ships moving through Hormuz are making progress, with an adviser to Iran’s Supreme Leader saying Washington must “take the first step and change it...
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