Insight & analysis on the White House and Capitol Hill.

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The US and Iran said they are prepared to hold talks to end the war in the Middle East during a proposed two-week pause in hostilities, even as Israeli strikes on Lebanon threatened to derail the fragile truce.

Further adding uncertainty, sporadic fighting continued throughout the region and the Strait of Hormuz remained largely blocked. President Donald Trump has said that reopening the strait was a condition for halting the fighting. 

Trump’s announced ceasefire Tuesday night was a retreat from threats to unleash massive devastation on Iran, easing fears of a protracted global energy crisis. Mediator Pakistan has floated negotiations later this week in Islamabad, and Trump said they could start very soon, according to the New York Post.  

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, Kailey speaks with:

• Bloomberg Washington Correspondent Tyler Kendall.
• Former US Central Command Commander Gen. Frank McKenzie (Ret.).
• Bloomberg News Senior Strategist Edward Harrison.
• Bloomberg Intelligence Senior Commodities Strategist Mike McGlone.
• Stonecourt Capital Partner Rick Davis and Rebelle Communications CEO Laura Fink.