Crypto Breaking News

Hugh Gimber, global market strategist at JPMorgan Asset Management, discusses market positioning as the Iran war continues and Macquarie said oil may hit a record $200 a barrel if the conflict drags on until June. "I think it would be a recession at $200 a barrel," Gimber tells Bloomberg Television. "That's why we're seeing such focus on finding an off-ramp," he adds.

Spain said Algeria will increase gas supplies to the nation as global energy markets face heightened instability linked to the war in Iran. The African country is already Spain's main gas supplier via the Medgaz pipeline, which links the two countries across the Mediterranean. Bloomberg's Priscila Azevedo Rocha reports.

Oil steadied as US President Donald Trump again pushed back a deadline for striking Iran's energy. Brent crude is on pace for a record monthly gain in March. Bloomberg's Anthony di Paola reports.

Iran indicated Thursday it was still awaiting a response after rejecting a US 15-point plan to end the war and offering its own conditions that would include recognition of its authority over the Strait of Hormuz. Meanwhile, Malaysian Prime Minister Anwar Ibrahim said Iran has allowed Malaysian vessels trapped in the Persian Gulf to return home through the Strait of Hormuz. Bloomberg's Joumanna Bercetche reports.

Shipping through the Strait of Hormuz remains under intense pressure as the Iran war disrupts one of the world's most critical trade routes. Tehran is now considering introducing tolls for safe passage through the strait, tightening its grip on a key global chokepoint, while the US prepares to roll out an insurance program to encourage vessels back into the waterway. Saleem Khan, Chief Data and Analytics Officer, Pole Star Global spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on the operations of the Strait of Hormuz.

Governments across the world are racing to secure supplies of fertilizers as the war in the Middle East chokes of commodity flows and heightens fears of a food crisis. ETG, a global conglomerate specializing in agricultural supply chains, says risks are most acute in sub-Saharan Africa and parts of South Asia. CEO Ashish Lakhotia joins Insight with Haslinda Amin.

Franklin Templeton's Rich Nuzum says the markets are "underestimating the impact" of the inflationary effects of the Middle East conflict.

Brian Roberts, Head of Equities Product Development at Hong Kong bourse operator HKEX, discusses the ETF product pipeline on "Bloomberg: ETF IQ Asia."

President Donald Trump again pushed back his deadline for Iran to strike a deal with the US or face more attacks, saying talks with the country were going "very well." Bloomberg's Laura Davison reports.

Nicolás Maduro appeared in a Manhattan federal court Thursday as the US pushes forward with a broad drug-trafficking and narco-terrorism conspiracy case against the ousted Venezuelan leader. Bloomberg's Christina Ruffini reports from New York.

RoboSense CEO Mark Qiu talks about the key takeaways of their first-ever profitable quarter since 2014. He explains how the shift from analog to digital LiDAR will lift the company's performance and is a great cost advantage

An Australian federal court has imposed a $6.9 million fine on Binance’s local derivatives division for wrongly classifying retail investors.