Dollar steady as US blocks Iranian ships, diplomacy presses on The dollar was steady on Tuesday but ‌set for a seventh straight daily drop, as markets weighed supply risks from a U.S. blockade of Iranian shipping in the Strait of Hormuz against hopes for a diplomatic breakthrough between Washington and Tehran.

Dollar steady as US blocks Iranian ships, diplomacy presses on reut.rs/4ctB4eJ

Singapore tightens monetary policy as Iran war fuels inflation risks Singapore's central bank tightened its monetary policy settings on Tuesday, flagging the risk that ‌an Iran war-fuelled energy shock could push up core inflation even as mounting pressure on growth was underscored by a first-quarter economic contraction.

Singapore tightens monetary policy as Iran war fuels inflation risks reut.rs/3O2Ak8d

Breakingviews - Weight loss drugs face first economic stress test In ​a weaker economy, households ⁠tend to ​keep paying internet bills ​but steer clear of brand-name goods. What ​about obesity treatments, ​which can cost $1,000 a ‌month? ⁠The jury is out, but weaker US consumption growth ​alongside ​a ⁠price war seems bad for ​Eli Lilly ​and ⁠Novo Nordisk.

From Breakingviews - Breakingviews - Weight loss drugs face first economic stress test reut.rs/4tMFjJb

How the Strait of Hormuz changes economic warfare: podcast By strangling the waterway, Iran retaliated against the US and eased some financial sanctions. In this episode of The Big View Edward Fishman, senior fellow of the Council on Foreign Relations, tells ...

🔊 By strangling the Strait of Hormuz, Iran retaliated against the US. In this episode of The Big View Edward Fishman, senior fellow of the Council on Foreign Relations, tells Peter Thal Larsen how American economic weapons have been turned against it reut.rs/4cnoSMp

Magnitude 5.7 earthquake strikes Silver Springs, Nevada, USGS says A magnitude ​5.7 ‌earthquake struck Silver ​Springs, ​Nevada, on ⁠Monday, ​the ​United States Geological Survey (USGS) ​said.

Magnitude 5.7 earthquake strikes Silver Springs, Nevada, USGS says reut.rs/3Q6xTly

Rising fuel prices weigh on UK consumers, surveys show Surging fuel prices caused by the conflict in Iran weighed on British consumers last month, dampening household spending as travel plans ​were shelved, surveys showed on Tuesday.

Rising fuel prices weigh on UK consumers, surveys show reut.rs/4ejCnz5

ANZ raises oil price forecasts on Middle East supply losses ANZ now expects Brent crude to end the year at $88 a barrel and remain above $90 a barrel for ​the rest of 2026, up from its earlier forecast that had ‌assumed prices closer to $80, due to the loss of supply from the Gulf, it said on Tuesday.

ANZ raises oil price forecasts on Middle East supply losses reut.rs/4dHoUkB

Bahamas police release Michigan man after his wife vanishes at sea A 59-year-old Michigan man was released by police following the disappearance of his wife while ​sailing in The Bahamas, Bahamian Police Commissioner Shanta Knowles ‌told Reuters on Monday.

Bahamas police release Michigan man after his wife vanishes at sea reut.rs/4cG2nUe

The commodities supercycle is here. How might investors participate? Commodities supercycles can reshape markets for years, if not decades. We appear to be in one again, as the Iran war has amplified several long-term bullish trends. The question for many investors has shifted from whether to engage with the supercycle to how.

The commodities supercycle is here. How might investors participate? reut.rs/4tDhnrI

US FDA expands approval for Travere's drug for rare kidney disease The U.S. Food and Drug Administration has approved the expanded use of ​Travere Therapeutics' drug to treat a rare kidney disorder, the company ‌said on Monday.

US FDA expands approval for Travere's drug for rare kidney disease reut.rs/3QB2ace

Qantas lifts fuel cost forecast as Middle East war jolts oil markets Australia's Qantas Airways ‌said on Tuesday it has raised its fuel cost outlook and has not started its planned share buyback, citing sharply higher and volatile jet fuel prices after the war in the ​Middle East cut oil supply.

Qantas lifts fuel cost forecast as Middle East war jolts oil markets reut.rs/48KWNgR

US kills two men in strike in Eastern Pacific The U.S. ​military said on ‌Monday that it had ​carried out ​a strike in the ⁠Eastern ​Pacific that killed ​two men.

US kills two men in strike in Eastern Pacific reut.rs/4vrOCjd

Millions of Rockstar Games business records stolen, hacking group says A hacking group with a history of compromising major global corporations said it had stolen ​nearly 80 million business records from video game developer Rockstar Games, the ‌maker of Grand Theft Auto.

Millions of Rockstar Games business records stolen, hacking group says reut.rs/3QiJldN

New York City police arrested about 100 demonstrators after more than 300 anti-war protesters staged a sit-in outside the Manhattan offices of U.S. Senators Chuck Schumer and Kirsten Gillibrand, calling on them to support an expected Senate vote blocking additional U.S. weapons sales to Israel.

Man charged after Molotov cocktail attack on OpenAI CEO Sam Altman's home A Texas man was charged with hurling a Molotov cocktail at the home of OpenAI CEO Sam Altman and attempting to set fire to ​the AI firm's headquarters.

Man charged after Molotov cocktail attack on OpenAI CEO Sam Altman's home reut.rs/4tMQLEJ

Surging petrol prices drive record EV sales in Europe in March High petrol prices in Europe steered car buyers towards EVs in a record-beating March, and led to the first month of global ​EV sales growth this year, data by consultancy Benchmark Mineral ‌Intelligence showed on Tuesday.

Surging petrol prices drive record EV sales in Europe in March reut.rs/3QBAEve

Law firm DLA Piper defeats ex-lawyer's pregnancy bias lawsuit at trial A federal jury in Manhattan on Monday rejected claims by a former lawyer at DLA Piper that the law firm fired her in 2022 for ​seeking maternity leave.

Law firm DLA Piper defeats ex-lawyer's pregnancy bias lawsuit at trial reut.rs/3PZbmHo

A Texas man, Daniel Moreno-Gama, was charged with hurling a Molotov cocktail at the home of OpenAI CEO Sam Altman and attempting to set fire to the AI firm's headquarters.

IMF, World Bank, IEA urge countries to stop hoarding energy supplies, imposing export controls The International Monetary Fund, World Bank and International Energy Agency on ​Monday urged countries to avoid hoarding energy supplies and imposing export controls that could worsen what they called the biggest ‌shock ever to the global energy market.

IMF, World Bank, IEA urge countries to stop hoarding energy supplies, imposing export controls reut.rs/4suXOAU

EU agrees on halving of steel imports via doubling of tariffs The European Union reached a preliminary deal on Monday to nearly halve imports of steel and impose tariffs of 50% on excess shipments to protect the bloc's steel industry ​from overproduction elsewhere.

EU agrees on halving of steel imports via doubling of tariffs reut.rs/4vtok0a

Oil prices fall as US-Iran dialogue hopes ease supply concerns Brent futures declined by $1.86, or 1.87%, to $97.50, while U.S. West Texas Intermediate (WTI) crude fell $2.25, or 2.27%, to $96.83.

Oil prices fall as US-Iran dialogue hopes ease supply concerns reut.rs/481bo7L

Bloom Energy to supply up to 2.8 GW of fuel cells under expanded Oracle deal Bloom Energy said on Monday it would supply Oracle with up to 2.8 ​gigawatts of fuel cell capacity under ‌an expanded deal as rising artificial intelligence use drives up power consumption.

Bloom Energy to supply up to 2.8 GW of fuel cells under expanded Oracle deal reut.rs/3NYZDrK

Vance says US made a lot of progress in talks with Iran The United States made a lot of progress ​in talks ​with Iran, U.S. Vice President JD ⁠Vance said in ​an interview on ​Fox News' Special Report with Bret Baier on Monday.

Vance says US made a lot of progress in talks with Iran reut.rs/4mstgy4

North Korea tests cruise and anti-ship missiles from naval destroyer North Korea conducted another test of strategic cruise missiles and anti-warship missiles on Sunday as part of operational efficiency trials of its destroyer Choe Hyon, state media KCNA said on Tuesday.

North Korea tests cruise and anti-ship missiles from naval destroyer reut.rs/4mnTBNO

United Airlines CEO pitched American Airlines tie-up in meeting with Trump, sources say United Airlines CEO Scott Kirby pitched the potential for ​merging with American Airlines in a meeting with U.S. President Donald Trump in late February, two sources said, raising an industry-reshaping deal likely to be met with significant regulatory scrutiny.

United Airlines CEO pitched American Airlines tie-up in meeting with Trump, sources say reut.rs/3QDeFUH

Peak oil price likely to come 'in next few weeks,' US Energy secretary says Oil prices are likely to hit their peak "in the next few weeks" once ship traffic resumes through the Strait of Hormuz, ​U.S. Department of Energy Secretary Chris Wright said on Monday.

Peak oil price likely to come 'in next few weeks,' US Energy secretary says reut.rs/4tCqzwg

Trump nominates former lawmaker Michelle Steel as US ambassador to South Korea U.S. President Donald Trump has nominated ​a former California congresswoman, Michelle Steel, ‌to be the U.S. ambassador to Seoul, a post that has been vacant throughout his ​second term, despite South Korea's ​status as a key ally.

Trump nominates former lawmaker Michelle Steel as US ambassador to South Korea reut.rs/4sB4jlE

US fires more immigration judges, including two who blocked deporting pro-Palestinian students U.S. President Donald Trump's administration has ​fired more immigration judges, including two who blocked the federal government's deportation attempts against pro-Palestinian ‌students, a union representing immigration judges said.

US fires more immigration judges, including two who blocked deporting pro-Palestinian students reut.rs/47ZohiE

Trading Day: US stocks gain, dollar dips on hopes for Iran war negotiations Wall Street's main indexes rallied to close sharply higher on Monday as hopes for de-escalation in the Middle East helped investors look past the failed U.S.-Iran talks and focus on the start of first-quarter ​earnings season.

Trading Day: US stocks gain, dollar dips on hopes for Iran war negotiations reut.rs/4dLsBWy

EU plans more fuel subsidies to tackle Iran war price spikes The European Commission wants to let countries unleash more public money to help businesses with fuel and fertiliser bills, ​it said on Monday, as governments race to offset the ‌economic shock from soaring prices triggered by the Iran war.

EU plans more fuel subsidies to tackle Iran war price spikes reut.rs/4msUZPr