Oil, Gas Plunge As Iran Weighs US Proposal to End War | Balance of Power 05/06/2026
“Balance of Power: Late Edition” focuses on the intersection of politics and global business. On today’s show, Jack Lew, former US Ambassador to Israel under President Joe Biden, says pushing Iran to “zero enrichment” would be a step beyond the 2015 nuclear deal, while emphasizing the need for strict monitoring and removal of enriched uranium. Marc Short, former Chief of Staff to Vice President Mike Pence and now Chairman of Advancing American Freedom, says heavy Republican spending against fellow GOP candidates could “demoralize” voters and backfire in November, as members grow increasingly fearful of crossing President Trump.
Chapters:
00:00:00 – Balance of Power: Late Edition Begins
00:01:01 – Josh Wingrove Breaks Down One Page Memorandum Being Discussed Between US & Iran
00:02:31 – Jack Lew, Fmr. US Ambassador to Israel Under Biden Admin., on The Need to Remove Enriched Uranium From Iran, Impact From Strait of Hormuz Closure
00:14:06 – Power Moves: Top Financial Stories of The Day
00:17:52 – Marc Short, Chairman of Advancing American Freedom, on What to Take Away From Primaries, Redistricting & Midterms
00:24:46 – Reporter Panel on What to Expect From US-China Meeting Next Week
00:29:38 – Antony Blinken, Fmr. US Secretary of State Under Biden Admin., on US-Iran Conflict
00:34:15 – Power Brief: Top Stories Watching Tonight
00:36:37 – Dr. Mehmet Oz, Centers for Medicare & Medicaid Services Administrator, on Healthcare Affordability
00:38:31 – Political Panel React to Gas Prices & Trump, Primary Results & Road to 2026 Midterms, Redistricting Battle
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