US centcom has redirected 33 vessels since start of blockade
The redirection of 33 vessels by US Central Command since the start of the blockade indicates a significant escalation in maritime security concerns.
US President Trump tells the BBC that the King's visit could help prepare UK relations
Hapag-Lloyd (HLAG GY) CEO reiterates extra cost is around USD 50mln a week due to Middle East situation, and trying to pass some of that to customers
US centcom has redirected 33 vessels since start of blockade
White House is to announce drug pricing deal with Regeneron (REGN)
US sells 4-wk bills at high-rate 3.595%, B/C 2.98x; sells 8-wk bills at high-rate 3.605%, B/C 2.91x
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This development could impact global shipping routes and supply chains, leading to increased oil prices and volatility in related markets, particularly commodities and FX. Traders should watch for further military or diplomatic responses and their potential implications on risk sentiment.
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