In Iran, the US continued search-and-rescue operations for a crew member from an F-15E fighter jet shot down by Iran on Friday, as Tehran kept up attacks on Gulf Arab states and Israel.

A second US combat plane reportedly crashed in the Persian Gulf the same day. The incidents mark a significant blow for Washington as the war enters its sixth week with energy prices rising and little sign of an end to the conflict.

On today's show, Bloomberg This Weekend hosts Christina Ruffini and Joe Mathieu speak with:

- Marc Caputo, Senior Politics Reporter at Axios, Ethan Bronner, Bloomberg News Israel Bureau Chief, and Former Assistant Secretary of State for Political-Military Affairs, Brigadier General Mark Kimmitt, on the search for a missing US airman in Iran.

- DNC Chair Ken Martin, on President Trump seeking a massive increase in defense spending, and how Democrats are approaching their messaging on the campaign trail.

- Diana Rosero-Pena, Equities Research Analyst for Bloomberg Intelligence, on a decline in Easter candy sales.

Plus, Christina, Joe, and Lisa Mateo play Pointed: The News Quiz for Risk Takers.

For more conversations like this, watch and listen to Bloomberg This Weekend live on Saturdays and Sundays from 7AM-10AM ET. Watch on Bloomberg Television, listen on Bloomberg Radio and stream the show live on the Bloomberg Business app and Bloomberg.com/video.

See omnystudio.com/listener for privacy information.

President Donald Trump said the war in Iran is “very close” to completion, even as he signaled strikes could escalate in the near term.

Trump in a rare prime-time address on Wednesday cast the war as a success, saying the operation had nearly achieved its military goals, including destroying Iranian ballistic missiles and drones, air force, navy and industrial base. He said those steps would prevent Tehran’s proxies from destabilizing the region and cut off the country’s path to nuclear weapons.

“Tonight I’m pleased to say that these core strategic objectives are nearing completion,” Trump said from the White House in a roughly 20-minute speech. “We are going to finish the job. and we’re going to finish it very fast, we’re getting very close.”

The speech came as the president is grasping for an off-ramp in a conflict that has quickly slipped out of control.

For instant reaction and analysis, Bloomberg Radio host Doug Krizner speaks with Bloomberg This Weekend co-host Christina Ruffini and Bloomberg White House and Washington correspondent Jeff Mason.

See omnystudio.com/listener for privacy information.

'No Kings' marches took place across the US on Saturday, with participants opposing President Trump's policies including federal funding cuts to welfare programs, the war with Iran and aggressive Immigration and Customs Enforcement tactics.

As the CPAC Conference concluded, GOP attendees showed cracks of dissension over the war in Iran, with some expressing opposition to the conflict. Trump on Thursday cast doubt about how quickly a deal with Tehran could be reached, as thousands of US Marines headed to the region and oil prices hovered over $100 per barrel.

Both events could provide a preview of how voters feel about the Trump Administration heading into the midterm elections.

On today's show, Bloomberg This Weekend hosts David Gura and Christina Ruffini speak with:

- Bloomberg News White House Correspondent Jeff Mason on the war in Iran overshadowing the CPAC conference.

- Florida State House Representative Emily Gregory (D) on flipping the district that includes Mar-a-Lago.

- Abby Livingston, Reporter at Puck, Ashley Koning, Director of The Eagleton Center for Public Interest Polling at Rutgers, and Ronald Brownstein, Bloomberg Opinion Columnist, on what 'No Kings' rallies and recent polling data reveal about the Midterm elections.

- Ed Ludlow, Co-Host of Bloomberg Tech, on NASA's preparations for the Artemis II moon mission.

For more conversations like this, watch and listen to Bloomberg This Weekend live on Saturdays and Sundays from 7AM-10AM ET. Watch on Bloomberg Television, listen on Bloomberg Radio and stream the show live on the Bloomberg Business app and Bloomberg.com/video.

See omnystudio.com/listener for privacy information.

President Donald Trump signed a memo directing Transportation Security Administration personnel to be paid, a bid to alleviate disruptions at US airports as Congress battles over how to end the ongoing partial government shutdown. House Republicans on Friday rejected bipartisan Senate legislation to fund most of the Department of Homeland Security.

Instead, they plan to vote on a spending package that funds the department — including immigration enforcement and Border Patrol — until May 22, setting up a new clash with Senate Democrats who have said such a measure is “dead on arrival” without new policies to rein in Trump’s immigration crackdown.

On today's show, Bloomberg This Weekend hosts David Gura and Christina Ruffini speak with:

- Bloomberg News Congressional Reporter Erik Wasson, and Jill DeJanovich, a TSA Worker and Nevada Union Representative, on what TSA employees are facing as Congress remains at an impasse over funding.

- Democratic Senator Elissa Slotkin of Michigan and Republican Senator Todd Young of Indiana, on their bipartisan push to curb prediction market bets by members of Congress, and the latest on a request for supplemental Defense Department funding tied to the war in Iran.

- Bailey Lipschultz, Bloomberg News Senior Reporter, on SpaceX and Anthropic eyeing IPOs as the war in Iran roils markets.

Plus, David, Christina, and Lisa Mateo play Pointed: The News Quiz for Risk Takers.

For more conversations like this, watch and listen to Bloomberg This Weekend live on Saturdays and Sundays from 7AM-10AM ET. Watch on Bloomberg Television, listen on Bloomberg Radio and stream the show live on the Bloomberg Business app and Bloomberg.com/video.

See omnystudio.com/listener for privacy information.

President Donald Trump threatened to attack Iran’s power plants if the country didn’t swiftly reopen the Strait of Hormuz to commercial ship traffic after the passage of oil and gas cargoes was paralyzed.

Trump said in a social media post late Saturday that he would “hit and obliterate” Iran’s power plants, beginning with the biggest one, if it didn’t open the strait within 48 hours.

This comes as President Trump also said he’s ready to deploy Immigration and Customs Enforcement agents to US airports as soon as Monday if congressional Democrats don’t agree to a plan for funding parts of the Department of Homeland Security.

On today's show, Bloomberg This Weekend hosts David Gura, Christina Ruffini, and Lisa Mateo speak with:

- Democratic Representative Glenn Ivey of Maryland, on Trump's declaration that ICE will be working in American airports, and whether Congress is considering providing $200 billion in additional funding for the war in Iran.

- Republican Representative Greg Steube of Florida, on the potential of an American ground invasion in Iran and efforts to secure the Strait of Hormuz.

- Bloomberg News White House Reporter Skylar Woodhouse, Jason Beeferman, New York State Politics Reporter at Politico, and Bloomberg News Senior Reporter Myles Miller, on Border Czar Tom Homan saying that ICE agents are coming to airports tomorrow, and Trump's response to the death of Robert Mueller.

- Alex Rodriguez, Co-Host of Bloomberg's "The Deal," on sports investments and what to expect on the MLB's Opening Day.

For more conversations like this, watch and listen to Bloomberg This Weekend live on Saturdays and Sundays from 7AM-10AM ET. Watch on Bloomberg Television, listen on Bloomberg Radio and stream the show live on the Bloomberg Business app and Bloomberg.com/video.

See omnystudio.com/listener for privacy information.

The US has allowed the sale of Iranian oil and petrochemical products that have been loaded onto tankers, its latest effort to counter rising oil prices due to the Middle East war.

This comes as the US military said it has been able to degrade Iran’s ability to target ships moving through the Strait of Hormuz as President Donald Trump floated the idea of “winding down” military efforts in the Persian Gulf.

On today's show, Bloomberg This Weekend hosts David Gura and Christina Ruffini speak with:

- Glenfarne Group CEO and Founder Brendan Duval on the state of the oil and natural gas markets, as Iran attacks an LNG complex in Qatar.

- Ambassador Ernesto Soberón Guzmán, Cuba's Envoy to the United Nations, on President Trump's threats amid a de facto oil blockade that’s left Cuba struggling to provide basic services.

- Andy Weir, author of Project Hail Mary, on his bestselling novel-turned-blockbuster.

Plus, David, Christina, and Lisa Mateo play Pointed: The News Quiz for Risk Takers.

For more conversations like this, watch and listen to Bloomberg This Weekend live on Saturdays and Sundays from 7AM-10AM ET. Watch on Bloomberg Television, listen on Bloomberg Radio and stream the show live on the Bloomberg Business app and Bloomberg.com/video.

See omnystudio.com/listener for privacy information.

President Donald Trump said Iran is ready to make a deal to end the war but the US wants better terms, signaling no letup in a conflict that’s brought shipping in the strategic Strait of Hormuz to a near standstill and upended energy markets.

Separately, Iranian Foreign Minister Abbas Araghchi said the Islamic Republic is open to “any regional initiative that leads to a fair end to the war,” according to an interview published by the UK-based Al-Araby Al-Jadeed news website on Sunday. He added that no specific proposal has yet been presented.

On today's show, Bloomberg This Weekend hosts David Gura and Christina Ruffini speak with:

- Philip Crowther, Associated Press International Correspondent, Joumanna Bercetche, Bloomberg Anchor on "Horizons Middle East and Africa," and Bloomberg News Washington Deputy Bureau Chief Laura Davidson on President Trump's comments that the United States needs better terms to reach a deal to end the war with Iran.

- EPA Administrator Lee Zeldin on the war in Iran and the ever changing energy markets.

- United States Representatives Adam Smith (D-WA) and Michael Lawler (R-NY) to discuss what their opinions are on President Trump's actions in Iran and the Middle East.

- Co-Host of the "Bloomberg Business of Sports" Podcast, Vanessa Perdomo, on the upcoming NCAA Tournament and how the tournament affects the sports gambling market.

For more conversations like this, watch and listen to Bloomberg This Weekend live on Saturdays and Sundays from 7AM-10AM ET. Watch on Bloomberg Television, listen on Bloomberg Radio and stream the show live on the Bloomberg Business app and Bloomberg.com/video.

See omnystudio.com/listener for privacy information.

The US struck military sites on Kharg Island, from which Iran exports almost all its oil, for the first time overnight, upping the ante in a Middle East war that’s raged for more than two weeks and shows little sign of easing.

President Donald Trump said military facilities on the Persian Gulf island had been “obliterated,” adding that he chose not to hit oil infrastructure “for reasons of decency.” He threatened to do just that should Iran “do anything to interfere with the Free and Safe Passage of Ships through the Strait of Hormuz.”

On today's show, Bloomberg This Weekend hosts David Gura and Christina Ruffini speak with:

- Philip Crowther, Associated Press International Correspondent, Dan Williams, Bloomberg News Jerusalem Reporter, and Bloomberg White House Reporter Jeff Mason on the war's impact on the economy and oil production.

- Former US Diplomat to Syria, Colonel Joel Rayburn, on the United States' military operation in Iran and how it compared to former administrations.

- Trane Technologies CEO Dave Regnery, on the company's apprenticeship program and skills-based hiring.

Plus, David, Christina, and Lisa Mateo play Pointed: The News Quiz for Risk Takers.

For more conversations like this, watch and listen to Bloomberg This Weekend live on Saturdays and Sundays from 7AM-10AM ET. Watch on Bloomberg Television, listen on Bloomberg Radio and stream the show live on the Bloomberg Business app and Bloomberg.com/video.

See omnystudio.com/listener for privacy information.