EU will propose measures to optimise jet fuel distribution, and help secure alternative supplies as flows through the Strait of Hormuz remain halted, Bloomberg reports

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[MARKET ANALYSIS] Fixed benchmarks pressured on renewed geopolitical tensions; Gilts lag as Rayner and Burnham hold a secret meeting

Tsunami has been detected off the Fukushima prefecture coast, NHK reports

EU will propose measures to optimise jet fuel distribution, and help secure alternative supplies as flows through the Strait of Hormuz remain halted, Bloomberg reports

[MARKET ANALYSIS] Greenback dictates price action amid light data/speaker calendar; JPY unreactive to tsunami reports, GBP weathers noisy politics

Iranian lawmaker says he doesn’t expect any deal with the US and believes even if there is a ceasefire, it won’t last

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  • The European Commission is expected to announce on Wednesday that the measures could be proposed as early as next month.

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