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The White House threatened further escalation of attacks on Iran, including critical civilian energy infrastructure, as the fifth week of war jolts global markets with little sign of relief.

President Donald Trump earlier on Monday posted on social media that if Tehran doesn’t re-open the Strait of Hormuz, “we will conclude our lovely ‘stay’ in Iran by blowing up and completely obliterating” electricity plants, oil facilities and “possibly” desalination infrastructure.

Trump has regularly vacillated between saying a deal with Iran is imminent and warning he’s prepared to increase the military tempo. The threat to water facilities would constitute a war crime as defined by the Geneva Conventions. White House Press Secretary Karoline Leavitt said the US is “conducting more intense, targeted strikes with devastating combat power with each passing day” and the US operations are proceeding “according to plan,” even as she echoed the president in saying talks are on track. The administration hasn’t identified which Iranian officials it’s dealing with, directly or indirectly.

Despite the mystery surrounding peace talks, Leavitt said the Iranians were “increasingly eager” to negotiate and agreed to “some of the points” that the US has put forward to end the conflict. Iran has consistently said peace talks aren’t progressing and has signaled it can carry on fighting for much longer.

Today's show features:
Maj. Gen. Mastin Robeson, Academy Securities
Florian Ielpo, Head of Macro at Lombard Odier Investment
James Walker, CEO of NANO Nuclear
Drive to the Close with Rob Haworth, Senior Investment Strategy Director at US Bank Asset Management

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>. The White House threatened further escalation of attacks on Iran, including critical civilian energy infrastructure, as the fifth week of war jolts global markets with little sign of relief. President Donald Trump earlier on Monday posted on social media that if Tehran doesn&rsquo;t re-open the Strait of Hormuz, &ldquo;we will conclude our lovely &lsquo;stay&rsquo; in Iran by blowing up and completely obliterating&rdquo; electricity plants, oil facilities and &ldquo;possibly&rdquo; desalination infrastructure. Trump has regularly vacillated between saying a deal with Iran is imminent and warning he&rsquo;s prepared to increase the military tempo. The threat to water facilities would constitute a war crime as defined by the Geneva Conventions. White House Press Secretary Karoline Leavitt said the US is &ldquo;conducting more intense, targeted strikes with devastating combat power with each passing day&rdquo; and the US operations are proceeding &ldquo;according to plan,&rdquo; even as she echoed the president in saying talks are on track. The administration hasn&rsquo;t identified which Iranian officials it&rsquo;s dealing with, directly or indirectly. Despite the mystery surrounding peace talks, Leavitt said the Iranians were &ldquo;increasingly eager&rdquo; to negotiate and agreed to &ldquo;some of the points&rdquo; that the US has put forward to end the conflict. Iran has consistently said peace talks aren&rsquo;t progressing and has signaled it can carry on fighting for much longer. Today's show features:
<ul>
<li>Maj. Gen. Mastin Robeson, Academy Securities</li>
<li>Florian Ielpo, Head of Macro at Lombard Odier Investment</li>
<li>James Walker, CEO of NANO Nuclear</li>
<li>Drive to the Close with Rob Haworth, Senior Investment Strategy Director at US Bank Asset Management</li>
</ul>

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Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec bring you insight on the people, companies and trends shaping today's complex economy.&nbsp; You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.&nbsp;

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

Bloomberg Businessweek

US Expands Threats to Iran Energy, Water Even as It Hails Talks

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