US Awaits Iran's Response; China Asks Banks to Pause New Refiner Loans | Bloomberg Brief 5/7/2026

Posted on 05/07/2026
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US equity futures gain and Brent crude falls for a third straight day as the US awaits Iran's response to a proposed deal that would reopen oil flows through the Strait of Hormuz. China advises its largest banks to temporarily suspend new loans to refiners recently sanctioned by the US over their ties to Iranian oil. Sitara Sundar of JPMorgan Private Bank discusses concentration risks in equities and the Fed's rate path.



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00:03:42 - First Look Movers

00:11:08 - Trending on the Terminal

00:16:37 - BlackRock’s Rieder on Geopolitical Risk

00:19:12 - Front Page News

00:22:24 - First Look Movers

00:23:52 - Sitara Sundar, JPMorgan Private Bank Head of Alternative Investment Strategy

00:31:03 - Trending on the Terminal

00:41:13 - What to Watch

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