President Donald Trump has set a Tuesday deadline for Iran to end the war and reopen shipping in the critical Strait of Hormuz waterway

Vietnam’s economy slowed ​in the first quarter from the three months prior, data showed on Saturday, as heavy exposure to ‌Middle Eastern oil imports boosted inflation, presenting a challenge in reaching an annual growth target, authorities said.

Medicines can stop pain, fight cancer and save lives but are worthless if they get lost in the mail, spoil in a hot warehouse or are stuck on a ship.

With the war in the Middle East sending global fertiliser prices soaring, the EU is coming under pressure from farmers and some member states to take action.

The dollar ​rose sharply from two straight sessions of losses on Thursday after US President Donald Trump’s speech on Iran ‌undermined market expectations of a swift end to the conflict, renewing a bid for safe-haven assets.

Products passing through the giant site range from insulin capsules and lifestyle drugs to medicated sunblock and drums of sulphuric acid

India has secured its full requirements of crude oil for the coming months, its oil ministry said

The dollar ​rose sharply from two straight sessions of losses on Thursday after US President Donald Trump’s speech on Iran ‌undermined market expectations of a swift end to the conflict, renewing a bid for safe-haven assets.

Just as when oil spills, a shortage seeps slowly. Fallout from a blocked Strait of Hormuz, which typically carries 20 percent of ​the world’s supply, will spread steadily across the planet.

The Iran war is reaching Bangladesh through the availability and price of fuel, fertiliser, freight, and foreign exchange

The world's largest economy gained 178,000 jobs in March

Bangladesh cut office and shop hours and banned decorative lighting at weddings starting Friday

India has abolished import tax on petrochemicals used for making plastics ​and pharmaceutical goods after the government invoked emergency powers ‌and diverted local chemicals for production of cooking gas due to shortages caused by the Iran war.

The dollar ​rose sharply on Thursday after US President Donald Trump’s address on Iran shattered hopes for ‌a swift end to the conflict, sending investors towards safe-haven assets as oil prices jumped and stocks tumbled.

Gold fell sharply from two-week highs on Thursday after US ‌President Donald Trump said that Washington would continue its military campaign in Iran in the coming weeks, driving oil prices higher and dampening hopes of interest rate cuts.

Here are the latest key facts about security alerts and trade impacts from the blockage of the Strait of Hormuz, a crucial shipping route virtually paralysed by the Middle East war.

The Bank of England on Wednesday said the Middle East war had caused “a substantial negative supply shock to the global economy”, increasing risks to the financial system.

Merchandise shipment decreased 18% year-on-year to $3.48 billion in March

Wider discounts on US crude oil compared to global ⁠benchmark Brent crude have spurred demand for tankers in the US Gulf Coast

Brent crude surged as much as five percent to hit $106.29