Insight & analysis on the White House and Capitol Hill.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.

US President Donald Trump demanded Iran surrender as the war on the Islamic Republic raged for a seventh day, with the impact reverberating across global supply chains and energy markets.

Washington won’t negotiate an end to the conflict and will only accept “UNCONDITIONAL SURRENDER!” Trump wrote on Truth Social on Friday, raising fears of a protracted conflict. The US and its allies plan to select a “GREAT & ACCEPTABLE Leader(s),” he said.  

US crude futures hit $90 a barrel and Brent crude neared $95 a barrel for the first time in almost two years during the session, with traders warning $100 could be on the horizon sooner rather than later. US oil is on track for the biggest weekly percentage gain in at least two decades.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Bloomberg's Tyler Kendall is in for Kailey. Joe and Tyler speak with:

• Gulf Oil Chief Oil Advisor Tom Kloza.
• Stonecourt Capital Partner Rick Davis and Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino.
• Former White House Director of Legislative Affairs March Short.
• Bloomberg This Weekend Co-Host Christina Ruffini.
• Groundwork Collaborative Managing Director of Policy and Advocacy Liz Pancotti.