News

According to the Wall Street Journal: U.S. and Iranian officials said last month’s drone attack by Iran on the U.S. Embassy in Saudi Arabia caused more damage than previously disclosed.

According to Iran's Nour News: Iranian provincial officials said that the search for the missing crew of the downed US fighter jet was still ongoing.

U.S. intelligence agencies have warned that Iran is unlikely to loosen its control of the Strait of Hormuz in the near future, three sources said.

According to NBC News: U.S. President Trump said that shooting down a U.S. fighter jet will not affect negotiations with Iran.

U.S. Commodity Futures Trading Commission (CFTC): As of the week of March 31, the net long position in the euro was 507 lots, the net short position in the yen was -72,872 lots, the net short position in the pound was -52,665 lots, and the net short position in the Swiss franc was -29,871 lots.

U.S. Commodity Futures Trading Commission (CFTC): In the week ended March 31, speculators reduced the net short position in CBOT U.S. 2-year Treasury futures futures by 855 contracts to 1,637,324 contracts, and the net short position in 10-year Treasury futures increased by 142,176 contracts to 784,063 contracts.

U.S. Commodity Futures Trading Commission (CFTC): In the week ended March 31, stock fund managers increased their net long positions in CME S&P 500 Index futures by 39,730 contracts to 912,682 contracts, and stock fund speculators reduced their net long positions in CME S&P 500 Index futures by 113,496 contracts to 215,932 contracts.

Pakistan Prime Minister Nawaz Sharif: The reduction in gasoline prices will be funded by the oil tax collected by the government.

Pakistan Prime Minister Nawaz Sharif: Cut the price of gasoline by 80 rupees per liter to 458 rupees.

According to the New York Times: A second U.S. fighter jet, an A-10 attack aircraft, crashed near the Strait of Hormuz on Friday and the only pilot on board was safely rescued, U.S. officials said. Around the same time, an F-15 fighter jet was shot down over Iran.

The French Finance Minister said the move was aimed at ensuring that there would be no market manipulation in the context of continued rise in oil prices.

The French Finance Minister said that he has sent a letter to the European Commission requesting it to launch an investigation into the European refining industry.

The Senate confirmation hearing for the new Fed chairman nominee Warsh is reportedly scheduled to be held on April 16.

Russian warplanes launched an attack on Kramatorsk in eastern Ukraine, killing three people and injuring three others.

The White House proposes to cut NASA's budget by 23% in 2027 to support increased defense spending.

A U.S. judge refuses to reopen the investigation into Federal Reserve Chairman Jerome Powell.

The White House once again proposed to Congress to drastically cut NASA's scientific research funding by nearly half.

The United States urges its citizens to leave Lebanon as soon as possible while commercial flights are still available.

German Geoscience Research Center GFZ: A 5.93-magnitude earthquake occurred in the Hindu Kush region of Afghanistan.

The U.S. Embassy in Lebanon said Iran and its allied armed groups may be planning to target Lebanese universities.