Malaysian Government Spokesperson says a few ships in queue to pass the Strait of Hormuz and will not pay any toll
The Malaysian government's decision to not pay tolls for ships passing through the Strait of Hormuz indicates a potential escalation in maritime trade tensions.
Iranian Foreign Ministry spokesperson says Tehran has conveyed its points regarding the war to the mediators
Microsoft (MSFT) is on track to spend USD 5.5bln on cloud and AI infrastructure in Singapore through 2029
Malaysian Government Spokesperson says a few ships in queue to pass the Strait of Hormuz and will not pay any toll
Swiss procure.ch Manufacturing PMI (Mar) 53.3 vs. Exp. 47.1 (Prev. 47.4, Low. 46, High. 48)
[DESK UPDATE] Easter Schedule: Given the ongoing Middle East conflict and the US NFP report on Good Friday, the desk will operate as usual across Good Friday (April 3rd), Easter Monday (April 6th) and the surrounding days.
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This could raise concerns about shipping disruptions, impacting oil prices and global supply chains. Traders should watch for any retaliatory or regulatory responses from authorities in the region, as this situation could create volatility in energy markets.
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