Caroline Hepker

We get the German ZDW survey later on today, so that's one to watch.

I'm Caroline Hepke.

And this is Bloomberg.

And I'm Caroline Hepker.

Well, the price of oil has dropped on the news of that deal.

Brent crude fell more than 4% towards $83 a barrel.

However, the agreement to reopen the Strait of Hormuz later this week has been met with caution among ship owners and traders.

Those in the industry have told Bloomberg that they will wait for more details before assessing whether safe transit is possible after months of false starts.

Sarah Vakshuri is the president of SVB Energy into

Sarah Vakjuri there.

As data intelligence firm Kepler showed that nearly 600 vessels remain stranded in the Persian Gulf and are poised to exit, while hundreds more empty vessels are waiting on the other side of the strait.

So that's the Middle East.

Let's talk a little bit about artificial intelligence.

PWC says that AI is splitting the jobs market in half.

After analysing more than a billion job postings around the world, the firm says that while some companies are cutting costs, others are hiring more staff with AI-related skills.

Bloomberg's James Walcock has more.

Meanwhile, Switzerland rejected a proposal to cap its population at 10 million people as warnings over economic damage outweighed immigration concerns.

55% of Swiss people voted against the idea in a national ballot, whilst 45% backed the plan.

Here's Bloomberg's Bastien Benrath-Wright.

Benrath Wright added that the vote was a culmination of months of campaigning from right-wing groups.