Trump Demands Compensation From Iran | Balance of Power 08/10/2026

"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Heather Conley, Senior Fellow at the American Enterprise Institute and Former Deputy Assistant Secretary of State, says dwindling targets and munitions are limiting President Donald Trump's options on Iran as hardliners in Tehran toughen their position. Miriam Vogel, president and CEO of EqualAI and co-author of Governing the Machine, says Congress has the power to establish guardrails and accountability frameworks for companies using artificial intelligence as increasingly autonomous systems raise questions about human oversight. Former US Energy Secretary Dan Brouillette says Iran's ability to control traffic through the Strait of Hormuz gives Tehran powerful leverage, arguing that control of the waterway is "in fact, a nuclear weapon." Chapters: 00:01:15 Bloomberg's Josh Wingrove on Trump, Iran & the Strait of Hormuz 00:05:33 Heather Conley, Former Deputy Assistant Secretary of State, on Trump’s Low-Key Pivot Leaves Hormuz Oil in Limbo 00:08:01 Heather Conley on US Munitions & Military Readiness 00:10:17 Heather Conley on Netanyahu, Israel & an Iran Deal 00:12:45 Power Moves: Top Financial Moves 00:16:35 Miriam Vogel on AI Oversight & Guardrails 00:18:40 Miriam Vogel on Zuckerberg’s AI Vision & Calls for a Pause 00:21:20 Miriam Vogel on The Politics of Artificial Intelligence 00:24:38 Dan Brouillette, Former US Energy Secretary, on Oil Jumps as Iran Deal Hopes Dim 00:26:01 Dan Brouillette on Oil Prices & the New Energy Normal 00:29:34 Dan Brouillette on Advising Trump Administration 00:30:33 Dan Brouillette on Jones Act Waivers & Energy Prices 00:36:01 Bloomberg's Nancy Cook on Michigan Senate Race Sets Stage for Midterms, Wisconsin Democratic Primary 00:38:48 Political Panel Reacts: Democrats vs. Republicans, Competitive House Races, Max Miller Controversy & Ohio Elections -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts