AI Bias Analysis
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Oil prices extended gains as Trump threatened further escalation of attacks on Iran, including its energy infrastructure and desalination plants.
Source
CNBC
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The president is willing to end hostilities even if the Strait of Hormuz remains largely closed, WSJ reports
China's official gauge for manufacturing activity pointed to a better-than-expected expansion in March, snapping two months of declines.
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)