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."

China's Xi Calls for Restraint on North Korea
59:41 - Chinese President Xi Jinping called for restraint on North Korea in a phone call with Donald Trump, who also spoke with Japanese Prime Minister Shinzo Abe as the U.S. and Japan began joint naval drills in the region. Bloomberg's Dan Ten Kate reports on "Bloomberg Daybreak: Asia." (Source: Bloomberg)
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