News

Market news: Ukraine is negotiating with European companies to develop an air defense system by next year.

Iranian Foreign Ministry: Iranian Foreign Minister Araghchi had a telephone conversation with Japanese Foreign Minister Motegi Toshimitsu and discussed the latest status of bilateral relations as well as regional and international situations.

Indian government official: Nayara Energy will shut down Vadinar refinery from April 9 to 10.

Indian government officials: In order to meet domestic fuel demand, Indian oil refineries have postponed maintenance shutdown plans.

Indian government official: Unknown to Iran charging tolls from passing ships.

Indian government officials: are seeking to safely sail the remaining ships out of the Strait of Hormuz.

Indian government official: The government is considering establishing liquefied petroleum gas reserves.

Security sources: Drone attack on a U.S. diplomatic facility near Baghdad airport, sending thick smoke rising from the scene.

Commander of Ukrainian drone forces: Troops hit a Russian warship in the port of Novorossiysk.

JPMorgan Chase CEO Dimon: The Iran war increases the possibility of a major "oil and commodity price shock" and the reshaping of the global supply chain.

JPMorgan Chase CEO Dimon: Additional capital requirements for global systemically important banks punish JPMorgan Chase's success; this move is "ridiculous" and "contrary to the American spirit."

JPMorgan Chase CEO Dimon: Under the revised proposal, JPMorgan Chase’s additional capital requirements for global systemically important banks will only be reduced “very slightly” to about 5.0%.

JPMorgan Chase CEO Dimon: Some aspects of the revised U.S. Basel III agreement and the proposal for additional capital requirements for global systemically important banks are still "ridiculous."

JPMorgan Chase CEO Dimon: War-related risks may lead to more stubborn inflation and higher interest rates than market expectations.

Indian government official: 16 Indian-flagged ships are stuck in the Strait of Hormuz.

Indian government officials: Natural gas supply to fertilizer plants has been increased to 90%.

Indian government official: India has implemented the import of additional liquefied petroleum gas cargoes.

Indian government official: Edible oil imports from major trading partners continue.

Indian government officials: Wheat and rice reserves are sufficient.

Goldman Sachs: Upgraded Netflix (NFLX.O) rating to buy from neutral, and raised the target price to $120.00 from $100.00.