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US oil refiners reap windfall from Iran war

Soaring fuel prices and access to cheap North American crude oil put American refiners in pole position

Wheat procurement surges after norm relaxation, but 88% stock stuck in mandis

Fertitta Extends Talks for $18 Billion Takeover of Caesars

Caesars Entertainment Inc. has extended the period of exclusive talks about an $18 billion takeover by Tilman Fertitta as new details about the deal emerge.

US Ambassador confirms India's arrival in US for bilateral trade talks

India and the United States are set to resume negotiations on the proposed Bilateral Trade Agreement (BTA) in Washington DC.| India News

Rosatom ready to share non-energy expertise with Uzbekistan — CEO

Rosatom press service earlier said that concrete works are underway at the construction site of a small nuclear power plant with a RITM-200N reactor in the Jizzakh region of Uzbekistan

Situation in Energodar and around Zaporozhye NPP not improving — Likhachev

Rosatom CEO said the plant continues to receive electricity supply via only one external line Ferrosplavnaya

North Korea hackers blamed for $290M crypto theft

Over the weekend, hackers stole more than $290 million in cryptocurrency from Kelp DAO, a protocol that allows users to earn yields on idle crypto investments.  By Monday, LayerZero, one of the projects affected by the hack, accused North Korea of carrying out the heist. The hack is now the largest crypto theft of the year so far, following an earlier hack at crypto exchange Drift in April netted hackers around $285 million.

CBI arrests two RCOM senior executives in bank fraud case

The agency had registered a case following a complaint by SBI, accusing RCOM, its promoter Anil Ambani, and others of fraudulent diversion of loan funds.

QVC Lost the Home Shoppers to Social Media Influencers

The cable-TV seller faces bankruptcy as TikTok Shop and other video platforms take over.

Starmer accused of scapegoating officials over Mandelson scandal

UK prime minister fends off calls to quit in chastening House of Commons debate

HORMUZ TRACKER: Traffic Slows to Trickle as Opening Hopes Dashed

The Strait of Hormuz now appears to be just as closed as before Iran and the US said the vital oil channel had been reopened.

Baltic Consults on Benchmark Tanker Route as War Upends Rates

The Baltic Exchange in London is consulting the shipping market about making changes to its benchmark tanker rate after the Iran war closed the Strait of Hormuz, rendering part of the normal trade route inaccessible.

Trump’s social media posts have transformed the oil trade, says Citadel

Hedge fund’s commodities head says traders are struggling to adjust to volatility sparked by president’s frequent messages

Bloomberg Surveillance 4/20/2026

Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)

Civilian fuel supplies to European airports via NATO pipeline reduced — Bloomberg

The increased use of the pipeline comes at a time when European airlines and airports are already facing serious fuel supply challenges due to the conflict with Iran

Honeywell to Sell Productivity Business in $1.4 Billion Deal

Bloomberg's Liana Baker breaks down Honeywell's deal to divest its productivity solutions and services business to industrial manufacturer Brady Corp. Brady will pay $1.4 billion in cash for the business, according to a statement Monday that confirmed an earlier report by Bloomberg News. (Source: Bloomberg)

FAA orders investigation into Blue Origin’s New Glenn mishap

The Federal Aviation Administration has instructed Blue Origin to perform an investigation into the apparent failure of the upper stage of its New Glenn rocket on Sunday, according to the Orlando Sentinel. That means the company won’t be able to fly New Glenn again until it completes the probe. That could put a damper on Blue Origin’s ambitions to launch as many as 12 more New Glenn missions this year, depending on how long the investigation lasts. The company has not issued a statem...

Most Moroccan Families Still Unable to Save Money in 2026

Rabat – Morocco’s High Commission for Planning (HCP) has reported a slight improvement in household confidence during the first quarter of 2026, but many families continue to face financial pressure, especially when it comes to saving money. According to the HCP’s latest survey, the Household Confidence Index (HCI) rose to 64.4 points, up from 57.6 in the previous quarter and 46.6 a year earlier. This shows that households feel somewhat more optimistic about their situation, even if challe...

Reserve bank of India partially rolls back curbs on rupee derivative deals

Pakistan bank deposits hit historic high in March 2026

BusinessMust ReadPakistan bank deposits hit historic high in March 2026By Web Desk-Apr 20, 2026 KARACHI: In a significant milestone for the country’s financial sector, bank deposits in Pakistan have surged to a new record high, reaching Rs 37,505 billion as of March 2026, ARY News reported. According to the latest data released by the State Bank of Pakistan (SBP), the banking sector witnessed a monthly growth of 2.50 percent and a substantial annual increase of 18.60 percent. The central bank’s...