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(Bloomberg) — China’s exports of electric vehicles and hybrids more than doubled in March to a record as the global energy shock stemming from the Iran war renewed interest in EVs. Read More

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(Bloomberg) — China is considering financial relief and other measures for its struggling state-run airlines as the Iran war sends fuel costs soaring, according to people familiar with the matter, in what could be the industry’s biggest lifeline since the Covid pandemic. Read More

(Bloomberg) — Brent crude is set to average more than $100 a barrel right through 2026 if the Strait of Hormuz were to remain closed for another month, according to Goldman Sachs Group Inc. Read More

(Bloomberg) — Japan’s Mitsui OSK Lines Ltd., one of the world’s largest shipping companies, said it would need to scrutinize details of a US-Iran ceasefire agreement and its implementation before allowing its vessels to test the Strait of Hormuz. Read More

(Bloomberg) — Lea en español Read More

(Bloomberg) — Two fully laden Chinese oil tankers are waiting outside the Strait of Hormuz, putting them in a position to become the first such vessels to leave the Persian Gulf under a day-old US-Iran ceasefire, even as shipowners scrutinize the status of the narrow waterway. Read More

(Bloomberg) — Oil rebounded after its biggest one-day drop since April 2020, as the Strait of Hormuz remained largely blocked and Israeli attacks on Lebanon threatened to derail the fragile ceasefire in the Middle East.  Read More

(Bloomberg) — The United Arab Emirates has called for a “sustained approach” to address Iran’s full range of threats, including its nuclear capabilities and ballistic missiles, as a truce with the Islamic Republic appears precarious. Read More

(Bloomberg) — Stocks declined and oil rose as optimism over the US-Iran ceasefire faded after Tehran said several terms of the agreement had been breached, highlighting lingering uncertainty in markets. Read More