Bloomberg

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

The supply shockwaves from the US and Israel's war in Iran are spreading across the global economy as farmers, factory managers, and freight carriers deal with a spike in oil, gas, aluminum, fertilizers and chemicals. Jack Wittels and Eleanor Thornber report.

Oil rebounded from Monday's losses on concern that other nations may be drawn into the Middle East war. Brent climbed toward $104 a barrel, as the Wall Street Journal reported US allies in the Persian Gulf are inching toward contributing to the conflict. Bloomberg's Anthony di Paola reports.

US-listed tool procurement company ZKH Group is in talks with bankers for a potential share sale in Hong Kong. That's according to ZKH Group CFO Max Lai, who joined "Bloomberg: The China Show." He also discussed the impact of the war in the Middle East on its business.

Hong Kong based energy supplier Towngas says the impact of recent energy market volatility on its operations should be limited, citing a 25 year natural gas supply contract with an Australian supplier. In addition, Towngas will use more natural gas in the event of naphtha shortage to protect Hong Kong customers. Towngas Managing Director Peter Wong spoke exclusively to "Bloomberg: The China Show."

Pakistan has reportedly stepped up as a mediator between the U.S. and Iran to de-escalate the ongoing conflict, according to the Financial Times. Bloomberg's Pakistan Bureau Chief Faseeh Mangi and UWA Defense & Security Institute Adjunct Professor Jennifer Parker share insights on what Islamabad brings to the table.

Hong Kong's Secretary for Financial Services and the Treasury, Christopher Hui, speaks with Bloomberg's David Ingles about the growing interest from Middle East family offices. He also said the government plans to extend tax concessions for family offices and funds to cover more asset classes. He joined "Bloomberg: The Asia Trade."

Two additional Indian-flagged vessels carrying liquefied petroleum gas are making their way through the Strait of Hormuz, according to ship-tracking data. They are following a route taken by other ships approved by Iran that hews closely to the country's coastline. Bloomberg's Dan Murtaugh has the details.

The European Union and Australia have agreed on a free trade deal, concluding nearly a decade of negotiations as both sides work to strengthen ties and reinforce a rules based order under pressure from the Trump administration. At the same time, Canberra faces a potential energy crunch amid global disruptions linked to the war in Iran. Bloomberg's Ben Westcott and Macquarie University's Lurion de Mello break down the issues on "Bloomberg: The Asia Trade."

Alisa Mall, chief investment officer for Michael Dell's family office, says tumult in private-credit markets is turning into a buying opportunity.