Portuguese utility EDP CEO Miguel Stilwell de Andrade joins Bloomberg TV to discuss how the war in the Middle East is boosting demand for renewables, as countries and businesses seek to diversify their sources of energy and shield themselves from external shocks. Stilwell de Andrade speaks with Bloomberg's Lizzy Burden, Tom Mackenzie and Anna Edwards on The Opening Trade.
Crystol Energy CEO Carole Nakhle discusses the energy market as oil extended gains and traders weighed a US plan to insure and escort tankers passing through the Strait of Hormuz. "What we are seeing today has caused some disruptions," Nakhle tells Bloomberg Television. She adds that the market is "not panicking" and the increase in the risk premium is "justifiable," but that further escalations in the region could lead to a "worsening scenario when it comes to oil price."
Anna Edwards, Lizzy Burden, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Gulf states are being pulled deeper into the war with Iran as Saudi Arabia, Qatar and the UAE suffer attacks on non-military targets. Tehran has struck US embassies in both Riyadh and Dubai, while airports have also been damaged. Dalia Fahmy, Director of International Relations & Diplomacy; and Associate Professor of Political Science at Long Island University spoke to Bloomberg's Horizons Middle East & Africa anchor Joumanna Bercetche on the GCC's response to the Iran strikes.
US President Donald Trump has expressed concern the strikes against Iran could lead to a new leadership that's equally troubling to Washington as the regime that the US and Israel are fighting to topple. It comes as the US senate is set to vote on war powers resolution later today. Jamil Jaffer, Founder & Executive Director of the National Security Institute spoke to Bloomberg's Horizons Middle East & Africa anchor Joumanna Bercetche on the likely scenario from the US vote.
While it is unclear how long Iran can keep up the intensity of its missile attacks on US assets in the Gulf, the country likely retains a powerful supply of drones. Bloomberg's Dan Williams and Stuart Livingstone-Wallace join Joumanna Bercetche to discuss on Horizons Middle East and Africa.
Island Pharmaceuticals (ASX:ILA) partners with USAMRIID and The Geneva Foundation to accelerate Galidesivir development for Marburg Virus Disease under the FDA Animal Rule.
Korean stocks recorded their worst two-day drop since the 2008 financial crisis as the Iran conflict weighed on investor sentiment across the region. That's dragged down the Asian equity benchmark to its third day of losses. Bloomberg MLIV Strategist Mark Cranfield discusses the market moves on The China Show.
AusQuest (ASX:AQD) announced assay results from its Stage 3 reverse circulation drilling program at the 100%-owned Cangallo Porphyry Copper-Gold Project.
Tartana Minerals (ASX:TAT) has highlighted advancements across its portfolio of critical mineral assets.
Asian equity markets suffered a brutal sell-off on March 4 as an intensifying conflict in the Middle East sparked fears of a global energy shock.
Clara Resources Australia (ASX:C7A) is ramping up exploration in Far North Queensland's resource-rich Hodgkinson Basin.
