WorldParamount-Warner Bros. Deal Paused as Oil Prices Top $4 | Bloomberg Businessweek Daily, July 20, 2026

Bloomberg’s media and entertainment team lead Chris Palmeri discusses what may come next after a federal judge temporarily halted Paramount’s proposed purchase of Warner Bros. Bloomberg Economics’ Chris Kennedy responds to the latest developments involving Iran. President Trump has threatened that Iran will “pay” for the deaths of US servicemembers in Jordan over the weekend. The program also examines how the US war with Iran could have lasting effects on oil and energy markets.