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Orban out, Hormuz and Pope Leo
Published 1 week, 6 days ago
Description
After 16 years of rule, Hungary's Prime Minister Viktor Orban is out after a landslide election victory for the opposition. The U.S. military says it will begin a naval blockade of all Iranian port traffic in the Strait of Hormuz. The move sends global oil prices surging past $100 a barrel. And Pope Leo arrives in Algeria to launch his four-country tour of Africa after President Donald Trump calls him “terrible.” Listen to the Morning Bid podcast here. Sign up for the Reuters Econ World newsletter here. Listen to the Reuters Econ World podcast here. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices