Saudi Aramco Headquarters Hit During Houthi Attacks
“Balance of Power” focuses on the intersection of politics and global business. On today’s show, Rep. Julia Letlow (R-LA), Republican Nominee for the US Senate from Louisiana, says high diesel prices are putting pressure on farmers during harvest season, with some producers talking about going under. Kevin Book, ClearView Energy Partners managing director, says additional Russian diesel is unlikely to offset the roughly 70% run-up in diesel prices, though he estimates increased volumes could provide roughly 5 to 20 cents a gallon in relief by the end of the fourth quarter.
Chapters:
00:02:22 Bloomberg’s Jeff Mason on Trump’s Midterm Campaign Push, the Houthis and US Involvement in the Middle East
00:05:54 Power Moves: Top Financial Moves
00:10:55 Rep. Julia Letlow (R-LA), Republican Nominee for the US Senate from Louisiana, on Trump, Louisiana and the Senate Race
00:11:40 Rep. Julia Letlow (R-LA) on Fuel Costs and Louisiana’s Farmers
00:12:51 Rep. Julia Letlow (R-LA) on Trump’s Russian Diesel Deal
00:13:49 Rep. Julia Letlow (R-LA) on Diesel Export Ban, Tariffs and Trade
00:15:00 Rep. Julia Letlow (R-LA) Discusses the Know Your Risk Act
00:17:29 Rep. Julia Letlow (R-LA) on Mike Johnson and the House Majority
00:21:26 Bloomberg’s Anthony Di Paola on Saudi Arabia’s Response to Houthi Attacks
00:24:11 Kevin Book, ClearView Energy Partners Managing Director, on Aramco Attack and Oil Prices
00:25:26 Kevin Book on Risks to Saudi Energy Infrastructure
00:26:39 Kevin Book on Could Trump’s Russian Diesel Deal Lower Prices?
00:28:17 Kevin Book on How Quickly Could Fuel Prices Fall?
00:30:46 Kevin Book on Gasoline Prices Remain Above $4 a Gallon
00:34:23 Bloomberg’s Anna Edgerton on Money Pours Into the Alaska Senate Race
00:36:36 Political Panel Reacts: Can Trump Boost GOP Turnout?, New White House Press Secretary, Kimberly Guilfoyle Faces Pressure to Resign
——–
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
