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Airline Troubles Mount as Flight Cancellations Top 23,000

The financial and logistical troubles the Iran war is causing for the global aviation industry are compounding by the day, with the number of canceled flights to Middle East hubs surpassing 23,000 since fighting began. Emirates, the world's largest international airline, extended its suspension of flights to Dubai through the end of Saturday, a full week since the US and Israel launched their joint attack. Qatar Airways extended its service halts into Friday. Bloomberg's Benedikt Kammel joins to discuss on Bloomberg Intelligence.

Read more: Airline Troubles Mount as Flight Cancellations Top 23,000
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Fed Is Still Assessing Impact of Iran War, Barkin Says

Federal Reserve Bank of Richmond President Tom Barkin says it's too soon to tell how policymakers will respond to the Iran war, but he says they are tracking the price of gasoline closely. He also says policy is modestly restrictive right now and we've seen "a couple months of relatively high inflation." He speaks to Bloomberg's Michael McKee in Richmond.

Read more: Fed Is Still Assessing Impact of Iran War, Barkin Says
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ECB Governing Council Member Joachim Nagel on Gold & Iran

Bundesbank President & ECB Governing Council Member Joachim Nagel tell Bloomberg's Lizzy Burden that the duration of the Iran war will likely be the main driver of the inflation outlook, but that it is "much too early" come to a conclusion on what the impact will be across all sectors of the economy yet.

Read more: ECB Governing Council Member Joachim Nagel on Gold & Iran