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Crypto Breaking News

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Bloomberg

Iran Says Non-Hostile Foreign Ships Can Cross Hormuz

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.

Read more: Iran Says Non-Hostile Foreign Ships Can Cross Hormuz
Bloomberg

Today's Market Action Looks Like Relief Rally: Principal Asset Management

Todd Jablonski of Principal Asset Management says "today's price action certainly looks like a relief rally." He adds that investors appear to be "growing in confidence that there is an end in sight to high energy prices, and perhaps geopolitical tensions can take a backseat to stock fundamentals."

Read more: Today's Market Action Looks Like Relief Rally: Principal Asset Management
Bloomberg

NZ Fin Min Willis on Economic Outlook Amid Iran War

Nicola Willis, New Zealand's Finance Minister, said she still expects the economy to grow, though at a slower pace, due to the impact of the ongoing Middle East conflict. She noted that higher fuel prices will affect local businesses as well as the broader economy. She speaks with Haidi Stroud Watts and Shery Ahn on "Bloomberg: The Asia Trade".

Read more: NZ Fin Min Willis on Economic Outlook Amid Iran War