EU-Iran Oil Sanctions Risk OPEC Export Losses

July 2 (Bloomberg) -- Bloomberg's Alix Steel reports that pressure on oil prices is mounting as European Union sanctions on Iran entered into full force yesterday after exemptions on some contracts and insurance ended. The sanctions could cause the biggest export loss for OPEC since the Libyan shutdown in 2011. She speaks on Bloomberg Television's "In The Loop."

Fails and Fortunes: Investment Ideas From Asia's Best
26:21 - Aaron Stern, director at Fir Tree, takes a look at the hedge fund sector, his approach to investment and his outlook for the industry. He speaks to Bloomberg's Rishaad Salamat on "Trending Business." (Source: Bloomberg)
  • Australia 1Q GDP Rose 1.1% on Quarter Beating Estimates
  • China Factory Gauge Signals Further Stabilization
  • Expansion Plans: Marriott's Strategy for Asia