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Also in today's newsletter: SpaceX kicks off largest IPO process in history, and Saudi Arabia bridles at Trump's handling of Iran war
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President Donald Trump and Iranian President Masoud Pezeshkian have both suggested the conflict could end soon.
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The Berkshire Hathaway chairman said the growing number of nuclear-armed states has fundamentally altered the global risk landscape.
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Fertilizer prices are climbing as a result of disruptions in the Middle East, putting global food supplies at risk.
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The U.S. and many other large economies are set for a further slowdown this year, although there are signs of stabilization in China, according to leading indicators released by the OECD.
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