Iran has increased the pace of attacks on tankers in the Strait of Hormuz in recent days, just as oil shipments through the world’s most important energy chokepoint approach prewar levels. Bloomberg’s Stuart Livingstone-Wallace breaks down the latest developments.
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What does Andy Burnham’s surprise pick for UK chancellor mean for markets?

Alice Atkins explains what to know about former defense secretary John Healey — and why his appointment is raising the prospect of a comeback for war bonds.
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Bloomberg Surveillance: Early Edition, live from London and New York. Francine Lacqua, Anna Edwards, Matt Miller, and Kailey Leinz deliver the latest news and analysis on the markets with leaders in global finance and economics. Fatih Birol, IEA Executive Director, says the group is prepared to recommend that its members release more emergency oil stockpiles if necessary. Silvia Dall’Angelo, Federated Hermes Senior Economist, says the ECB will put normalization plans on hold. Georgina Wright, Institut Montaigne Senior Fellow and Director for the Europe Program, says there’s a wake up call in Europe.

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Pakistani Finance Minister Muhammad Aurangzeb discusses the country’s financing needs and economic growth outlook. He speaks with Avril Hong on the sidelines of the IMF and World Bank Annual Meetings in Bangkok.
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Paraguay’s President Santiago Peña says the country is increasing its exports of beef to the US. Peña also says that the US has not allocated a quota for Paraguay beef exports https://bloom.bg/4xNVK9N

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