Caroline Hepker

Blocking its passage would raise the stakes for Washington as it decides whether to act against a vessel tied to the world's largest oil importer.

Italy's Prime Minister Giorgia Maloney has called the US president's tirade against the Pope unacceptable, exposing a growing rift between the two leaders.

Her comments follow a verbal clash between Pope Leo and President Trump after the head of the Catholic Church said that God does not bless conflict and that Christ's disciples are never on the side of those who drop bombs.

Now, that prompted an angry response from the US president, who said that the pontiff was, quote, weak on crime.

Speaking on a flight to Algeria, the Pope later vowed to keep criticising war.

The Pope's latest comments came as President Trump removed an image from social media showing himself in robes healing a sick patient, which appeared to depict him as a Christ-like figure.

Following criticism from his conservative supporters, Trump later denied the image's religious connotations.

President Trump has had several run-ins with the Catholic Church since returning to office, including last year when the White House posted an image of him dressed as the pontiff shortly after the death of Pope Francis.

Hungary's incoming Prime Minister Peter Maia says that he wants to bring his country back into the European fold and a clean break with his predecessor Viktor Orban.

The EU has been withholding more than 17 billion euros of funding for Hungary due to corruption and rule of law concerns under Orban.

Speaking through a translator, Maia called for a swift transition of power in order to access the frozen European Union funds.

The newly elected Prime Minister, speaking via a translator, he also said that he won't stand in the way of Ukraine receiving a 90 billion euro loan from the European Union that was blocked by the previous Hungarian administration.

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

I'm Caroline Hepker.

And I'm Caroline Hepker.

There is a growing chorus of voices warning about the longer-term economic impact from the US-Israeli war.

The International Monetary Fund will be downgrading its global growth forecast for this year when it meets later today.

But HSBC CEO George L. Hedry tells Bloomberg the fallout from the conflict is already beginning to dent his client's confidence.

The CEO of Europe's largest bank isn't the only one worried.

Looking at all prices, Executive Director of the International Energy Agency, Fatih Birol, says the worst is yet to come.