METI forecasts Japan’s Q2 crude steel production down 0.7% year-on-year.
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Iran says peace talks would be 'unreasonable' following Israeli strikes-NA
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JP Morgan bumps Pembina Pipeline target price to C$64, up from C$60.
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JP Morgan bumps Valero Energy target price to $285 from $217.
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JP Morgan raises Pearson target price to 1,430p from 1,420p.
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10-year Indian government bond yield climbs to 6.9237%, up from 6.8984% previously.
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Hong Kong to roll out relief measures for transport sector as fuel costs soar-scmp
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Rocket projectiles launched by Hezbollah target settlements near Israel’s border.
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U.S. ships, aircraft, and troops will remain stationed in and around Iran, Trump says.
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Trump says all U.S. ships, aircraft, and military personnel will remain in and around Iran until full compliance with a real agreement.
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Trump said that if it doesn’t happen, which he thinks is very unlikely, “then the fighting starts—bigger, better, and stronger than ever before.”
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Trump said there won’t be any nuclear weapons, and the Strait of Hormuz will stay open and secure.
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Sichuan Yahua Industrial Group of China hopes to get Zimbabwe’s approval to export lithium concentrate, boosting its presence in the international market.
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Kazakhstan’s central bank reported that its net gold and foreign currency reserves dropped 8.8% in March, totaling $65.083 billion.
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Brussels has warned that the EU is likely to experience a stagflationary shock despite current measures, the Financial Times reports.
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EU Economy Commissioner Valdis Dombrovskis said the European Commission is preparing to lower its growth forecast for this year, according to the Financial Times.
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Kyodo reports that Japan may release roughly 20 days of its oil reserves.
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Shipping Stalls As Tehran Dictates Terms In Hormuz – FT
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U.S. crude oil futures rose more than $3, settling at $97.42 per barrel.
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The Nikkei slipped further, closing down 0.95% in today’s trading.
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US Oil Exports To Hit Record As Iran War Triggers Race For Supplies – FT
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