Oil prices end volatile session mixed but up sharply for the week on supply worries
US Grants Maduro Access to Funds for Defense in Criminal Case
US officials reversed themselves and will now allow Nicolás Maduro and his wife to pay lawyers with Venezuelan funds as they defend themselves in the drug-trafficking case against them in New York.
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Why Markets Are Resilient Despite the Iran War
Stocks are climbing back toward record highs, even as the Iran war continues and oil prices stay elevated. So why aren’t markets reacting?
(Source: Bloomberg)
Al Kishi: Don’t Be Alarmed By Currency Swap Discussions
The UAE & US have discussed a currency swap line as a financial backstop due to the impact of the war. But Deutsche Bank’s MEA CEO says despite the uncertainty, the banking environment across the Gulf remains resilient. Jamal Al Kishi spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche on activity in the region. (Source: Bloomberg)
‘Ukraine Belongs to Europe,’ Estonian PM Says
Ukrainian accession is at the forefront of the agenda at April’s informal leaders summit in Nicosia, Cyprus, where EU leaders are talking about how Kyiv can accede to the bloc. Estonian Prime Minister Kristen Michal speaks to BTV’s Oliver Crook in Larnaca, Cyprus. (Source: Bloomberg)