Bloomberg Daybreak: US EditionBloomberg Daybreak: US Edition

DC Gala Attack Latest, US-Iran Talks at Stalemate

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Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) The man accused of storming the White House Correspondents’ Dinner spent years quietly acquiring his arsenal, purchasing a shotgun from a Torrance, California, firearms dealer eight months before the attack and a semi-automatic pistol two years earlier, according to a law enforcement intelligence profile reviewed by Bloomberg. Cole Tomas Allen, 31, bought a Maverick 12-gauge pump-action shotgun from Turner’s Outdoorsman in Torrance in August 2025 and an Armscor semi-automatic pistol from CAP Tactical Firearms in Lawndale in October 2023, the profile shows.
2) Oil rose after efforts to resume peace talks over the Iran war stalled, leaving the Strait of Hormuz almost impassable and prolonging the supply disruption that has roiled global markets. Brent climbed as much as 3% to $108.50 a barrel and West Texas Intermediate advanced toward $97, before giving up some gains after Axios reported Tehran offered the US a fresh proposal to open the strait. Over the weekend, President Donald Trump canceled a planned trip by his top envoys to Pakistan, which is mediating talks, while Iran said it won’t negotiate if it’s being threatened.
3) To say the special relationship is going through a rough patch ahead of King Charles III’s visit would be an exercise in British understatement. The 77-year-old monarch will arrive in Washington on Monday with ties between the UK and the US at their lowest point since the Suez Crisis in the 1950s. While President Donald Trump often praises Charles as a “fantastic man,” he’s been heaping scorn on the country’s elected prime minister, mocking Keir Starmer as weak and unreliable for refusing to join America’s initial strikes on Iran

 
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