Keep pulling the thread on Bloomberg Surveillance.
Iran is using a maritime blockade in the Strait of Hormuz to exert economic pressure on the U.S. and its allies.
The Trump administration has no plans to implement an export ban on U.S. energy products and intends to grow exports.
The Trump administration is launching a "Trump peace pipelines" initiative to expand pipeline networks connecting European nations.
The "Trump peace pipelines" initiative aims to allow Central and Eastern European countries to import U.S. oil and natural gas, reducing their energy dependence on Russia.
General Motors reported better-than-expected first-quarter earnings and raised its full-year guidance.
General Motors plans to invest $10 to $12 billion in its business this year, with much of it focused on on-shoring work previously done internationally.
General Motors repurchased approximately $800 million of its stock during the first quarter at an average price of about $75 per share.
General Motors' electric vehicles are not profitable at current levels.
President Donald Trump has indicated to advisors that he is not satisfied with Iran's proposal to reopen the Strait of Hormuz.
According to Treasury Secretary Scott Besson, the U.S. blockade is forcing Iran's oil industry to shut down, which is expected to lead to gasoline shortages.
According to Kepler, Iran has 12 to 22 days of oil storage capacity remaining before it must shut in production.
Iran possesses approximately 1,000 pounds of uranium enriched to 60%.