Global markets remain focused on escalating tensions in the Middle East as the US and Iran exchange another round of military strikes. The US military launched a new wave of attacks targeting Iranian positions, while Iran responded with drone strikes aimed at US military positions in Kuwait. Washington says the latest operations are intended to degrade Iran's ability to threaten commercial shippin
The US and Iran exchanged fresh strikes overnight into Monday as they continued their tit-for-tat attacks while issuing conflicting declarations over whether the Strait of Hormuz was open to shipping. Bloomberg's Abeer Abu Omar reports.
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Ukrainian President Volodymyr Zelenskyy said he planned to replace Prime Minister Yuliia Svyrydenko as part of a broader change in “political strategy.” Zelenskyy is expected in Paris on Monday for a meeting of the so-called coalition of the willing, where Ukraine's allies are likely to discuss more aid for Kyiv including for air defense. Bloomberg's Oliver Crook reports.
