Bloomberg

European Central Bank President Christine Lagarde said the ECB will act decisively and swiftly if the current surge in energy costs risks a broader bout of inflation. "We will not be paralyzed by hesitation," Lagarde said at The ECB and Its Watchers conference in Frankfurt. "Our commitment to delivering 2% inflation over the medium term is unconditional."

Nataliia Lipikhina, EMEA equity strategy head at JPMorgan Private Bank, discusses the impact of the Iran war on global markets. "We still actually remain quite constructive on the market," Lipikhina tells Bloomberg Television. "We're seeing around 7,500 on S&P, and that is predicated on the fact that the recent geopolitical developments are actually a short-term headwind."

Anna Edwards, Lizzy Burden and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."

Prince Max von und zu Liechtenstein, chairman of LGT Group, says geopolitical dynamics "have accelerated a lot over the last five years." He speaks at the Bloomberg Family Office Summit in Hong Kong.

Air travel disruption in the Middle East is ongoing and some carriers have halted passenger flights to destinations such as Dubai, Riyadh, and Tel Aviv. Bloomberg's Leen Al-Rashdan breaks down the situation.

Danish Prime Minister Mette Frederiksen's party won a closely contested election, setting the stage for difficult coalition talks to secure a third term in power. The premier's Social Democrats emerged as the biggest party with 21.9% of the parliamentary vote after all ballots were preliminarily counted. The election was dominated by foreign and security policy in light of US President Donald Trump's designs for Greenland. Bloomberg's Sara Sjolin reports.

Jeff Moomaw, Vice President for APAC at Delta Air Lines, says the carrier has no plans to scale back its Asian network despite higher fuel prices. He spoke with Bloomberg's Danny Lee on "Insight with Haslinda Amin."

Israel plans to control southern Lebanon up to the Litani River to curb Hezbollah, while Beirut expels Iran's ambassador. International Crisis Group's David Wood tells Joumanna Bercetche on Horizons Middle East & Africa that Lebanon faces major hurdles in reining in the group.

Philippine Airlines President Richard Nuttall says the carrier has secured enough fuel "to take us until the end of June." However, he noted that the company has no clear outlook for fuel supplies past that point. He spoke with Bloomberg's Danny Lee on "Insight with Haslinda Amin."

Iran said foreign ships are allowed to cross the Strait of Hormuz, as long as they aren't supporting acts of aggression against the country and follow regulations put in place by Tehran. The comments were made in a letter circulated to members of the International Maritime Organization. Bloomberg's Joumanna Bercetche reports.