Oil Pares Gains as Iran Says Proposals Received; Burnham to Become UK PM | Bloomberg Brief 7/20/2026

Brent Crude erasing an earlier gain going from $91 to $88 a barrel after Iran’s Foreign Ministry said it has received proposals from mediators regarding the war with the US. Andy Burnham is set to become the UK’s next prime minister, the seventh in just over a decade. Meera Chandan of JPMorgan discusses her bullish outlook on the US dollar.

Chapters:
00:00:00 – Bloomberg Brief – 7/20/2026
00:00:55 – Asia Market Check
00:02:06 – Europe Market Check
00:03:55 – First Look Movers
00:05:21 – Burnham Set to US Escalates Strikes Against IranTake Over as UK PM
00:08:02 – Burnham Set to Take Over as UK PM
00:11:13 – Trending on the Terminal
00:12:47 – Boeing CEO: We’re Turning the Corner
00:15:23 – Boeing Boosts Production Amid Supply Issues
00:20:11 – Front Page News
00:23:22 – Chipmakers Rebound
00:24:56 – Dollar Outlook As Mideast Tensions Rise
00:32:44 – Trending on the Terminal
00:34:08 – Trump Silent on Iran as US Death Toll Hits 17
00:35:41 – Troy Jackson on Track for Maine Senate Nomination
00:36:54 – Oil Pares Gains
00:38:41 – Alibaba Unveils Upgraded AI Model
00:42:19 – What To Watch
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