PDB Afternoon Bulletin | May 5th, 2026: U.S. Opens Hormuz Shipping Lane Despite Iran Attacks & Russia and Ukraine Announce “Ceasefires"
The President's Daily Brief
The First TV
4.7 • 3.2K Ratings
🗓️ 5 May 2026
⏱️ 16 minutes
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| 0:00.0 | Some follow the noise. |
| 0:03.3 | Bloomberg follows the money. |
| 0:05.4 | Because behind every headline is a bottom line. |
| 0:09.3 | Whether it's the funds-fueling AI or crypto's trillion-dollar swings, |
| 0:13.8 | there's a money-side to every story. |
| 0:16.5 | And when you see the money-side, you understand what others miss. |
| 0:20.9 | Get the money-side of the story., you understand what others miss. Get the money side of the story. |
| 0:22.9 | Subscribe now at Bloomberg.com. |
| 0:44.4 | It's Tuesday, the 5th of May, welcome to the PDB afternoon bulletin. |
| 0:48.0 | I'm Mike Baker, your eyes and ears on the world stage. |
| 0:50.2 | All right, let's get briefed. |
| 0:57.7 | First up, the U.S. is continuing with Operation Freedom in the Strait of Hormuz, opening a protected pathway for commercial ships after coming under fire from Iran. But it all raises questions. |
| 1:05.2 | What exactly is the long-term solution for this critical waterway? With the Iranian regime of the Islamic Republic still in |
| 1:12.2 | charge of Iran, how long does the U.S. maintain this costly and complex operation? And will the |
| 1:19.0 | insurance and shipping industries accept this as the new norm for the straight and return to business |
| 1:24.7 | as usual? Later in the show, both Russia and Ukraine are signaling a temporary |
| 1:30.4 | ceasefire, but conflicting timelines may scuttle the plan before, well, it even starts. But first, |
| 1:37.8 | today's afternoon spotlight. Following yesterday's confrontation and the Strait of Hormuz, |
| 1:43.4 | U.S. forces are pushing ahead with |
| 1:45.0 | Operation Freedom. According to U.S. Central Command Chief Admiral Brad Cooper, American forces have |
| 1:50.6 | successfully cleared a navigable pathway through the strait, despite the presence of Iranian sea mines. |
| 1:57.8 | And that's a critical detail, because one of the biggest open questions surrounding |
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