This post was originally published on The Economic Times
(Bloomberg) –Iran targeted more sites in Arab Gulf states overnight and into Friday, hours after US President Donald Trump issued fresh threats against Iranian infrastructure to pressure Tehran to start peace negotiations.
Abu Dhabi suspended operations at its largest natural gas processing facility, while a drone attack caused a fire at Kuwait’s Mina Al Ahmadi oil refinery, with a capacity of 346,000 barrels a day. On Thursday, oil rallied above $110 a barrel.
Meanwhile, in the US, the monthly jobs report showed employment growth exceeded projections and the unemployment rate fell. The solid 178,000 increase in March payrolls will likely reinforce the Federal Reserve’s focus on inflation risks amid the rapid run-up in energy prices.
Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy, markets and geopolitics:
World
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