Economy
Strait of Hormuz crossings reach 220 in March, led by liquid tankers
Liquid tankers made up 51% of all vessel movements through chokepoint in March, while no LNG crossings recorded, according to MarineTraffic
Strait of Hormuz crossings reach 220 in March, led by liquid tankers
Liquid tankers made up 51% of all vessel movements through chokepoint in March, while no LNG crossings recorded, according to MarineTraffic
Pakistan raises fuel prices as Mideast conflict hits energy supplies
Energy prices surge globally as war disrupts supplies, says Petroleum Minister Ali Pervaiz Malik
US stocks close Thursday mixed amid uncertainties related to Iran war
Dow Jones down 0.13%, while Nasdaq and S&P 500 post slight increases; European indexes mostly in red
US announces new tariffs on pharmaceutical products, metals
US releases new tariffs, imposing up to 100% tariffs on patented drugs, levies ranging 10-50% on aluminum, steel, copper products
Conflict with Iran hits US consumers' pockets
War has drastically increased energy and agricultural costs for US consumers, with gasoline, diesel, heating oil and fertilizer prices surging significantly over single month
More than half of world’s 10 richest billionaires' fortunes erode amid geopolitical tensions
Bernard Arnault, owner of French fashion holding conglomerate, sees steepest decline versus his counterparts, while Elon Musk continues to be world’s richest man, increasing his wealth while seven out of 10 billionaires lose fortunes
