Caroline Hepker

Rory McIlroy speaking there.

He becomes only the fourth golfer in history to win back-to-back titles in Augusta.

That's news when you want it with Bloomberg News Now.

I'm Caroline Hepke.

The blockade threatens to prolong and widen a war that has led to thousands of deaths and upended global energy markets.

Brent crude jumped by 7.4% to just above $102 a barrel on the news, with European gas futures also soaring.

Energy Aspects founder Amrita Sen says markets have been in denial.

Sen added that much of the supply shock damage has already been done, calling it the biggest energy shortfall in history.

Stocks and bonds fell around the world as traders priced in higher energy prices and their knock-on effects on inflation and growth.

The Bloomberg Dollar Spot Index rose as much as half of 1%, a headwind for gold that is priced in dollars.

Hungary's next prime minister has outlined planned sweeping changes after ending Viktor Orban's 16 years in power.

Peter Mayer says that the overwhelming victory of his teaser party establishes a mandate to dismantle an increasingly authoritarian system and bring Hungary back into the European fold.

He spoke to his supporters as results indicated teaser was on track to win a two-thirds majority in parliament.

That was Peter Meyer speaking there via a translator.

Hungary's currency, the foreign, surged after Prime Minister Viktor Orbán conceded defeat, ending his 16 years in power.

That was outgoing Hungarian Prime Minister Viktor Orban speaking there via translator.

His defeat is expected to help unlock billions of euros in blocked EU funding for Hungary.

It's also likely to pave the way for the release of 90 billion euros in EU loans for Ukraine, which Orban had refused to approve.

Yeah, it was a real nail-biting one, wasn't it, at Augusta?

It didn't seem certain until right at the end.