AI Bias Analysis
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China's official gauge for manufacturing activity pointed to a better-than-expected expansion in March, snapping two months of declines.
Source
CNBC
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Oil prices extended gains as Trump threatened further escalation of attacks on Iran, including its energy infrastructure and desalination plants.
The president is willing to end hostilities even if the Strait of Hormuz remains largely closed, WSJ reports
Pentagon chief spokesperson Sean Parnell dismissed the report in a post on X, calling it "entirely false and fabricated."
Iran hit a fully laden Kuwaiti oil tanker in the anchorage area of Dubai’s port, damaging the hull and starting a fire on board. Bloomberg's Dan Murtaugh explains the potential impact on oil prices as the Iran conflict continues to escalate. (Source: Bloomberg)