(Bloomberg) — Russia and China vetoed a United Nations Security Council resolution that would have encouraged countries to coordinate defensive efforts on reopening the Strait of Hormuz, amid concerns that it would have tacitly condoned military action in the waterway. Read More
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Sterling Is Carrying More of a War Premium Than Euro in Options
The divergence matters because it runs against the initial reaction to the conflict. Euro-pound fell roughly 1.5% in the first phase of the war, reflecting the view that the euro…







