Cryptooil

Fuel stops are evolving into multi-energy hubs, with Pilot at the center of that shift. CEO Adam Wright discusses plans to expand the company's EV charging footprint amid the energy shock on "Bloomberg Open Interest."

Max Kettner, chief multi-asset strategist at HSBC, discusses the outlook for equities and whether there is a risk of a pullback. "All of our positioning stuff, both systematic and discretionary, is so far away from sending a sales signal," he tells Bloomberg Television.

International Energy Agency oil industry and markets head Toril Bosoni discusses the outlook for oil supplies and prices amid the ongoing disruption in the Strait of Hormuz. Inventories are falling around the world at a record pace, the IEA said in its latest monthly report, and will continue to drop for months as the Middle East conflict continues. Bosoni speaks on Bloomberg Television.

Oil shipments from Iran's main export terminal appear to have come to a standstill over the past several days. European satellite imagery compiled by Bloomberg shows there were no ocean-going oil tankers observed at Kharg Island on May 8, 9 or 11. If Kharg Island were to remain idle, it would increase the pressure on the country's remaining storage facilities. Bloomberg's Stuart Livingstone-Wallace reports.

The US Treasury Department imposed new Iran-related sanctions targeting oil shipment networks and cryptocurrency infrastructure as part of its “Operation Economic Fury” crackdown.

President Donald Trump says inflation in the US is only "short term." He spoke before leaving for Beijing on Tuesday. US inflation accelerated in April due to rising gasoline and grocery costs, exceeding wage growth.

Morgan Stanley Chief US Economist expects US inflation to peak this year in May or June. He says the latest CPI report will keep the Federal Reserve on the sidelines for the rest of this year. He speaks on Bloomberg Surveillance.

JPMorgan Chase Chairman and CEO Jamie Dimon says the effects of the Iran war are getting more serious each day. He also says the wealthier American consumer "is spending like they should." He speaks to Bloomberg's Francine Lacqua at the bank's annual Global Markets Conference in Paris.

Indian Prime Minister Narendra Modi has appealed to citizens to conserve fuel and avoid unnecessary travel due to rising oil prices from the Iran war. Bloomberg's Ruchi Bhatia reports.

Iran delivered its response to a US-backed ceasefire proposal through Pakistani mediators, adding fresh uncertainty for oil, equity and cryptocurrency markets already watching escalating Gulf tensions.