Caroline Hepker

And I'm Caroline Hepke in London.

We're the hosts of the Bloomberg Daybreak Europe podcast.

We do it early so the news is fresh, not recycled, and so you know what actually matters as the day gets going.

And from London, I'm looking at what all that means for markets, money and the wider economy.

So whether it's geopolitics, energy, tech or markets, you're hearing it while it happens.

And it fits into your morning.

On Apple, Spotify, YouTube or wherever you get your podcasts.

And I'm Caroline Hepker.

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

Brent crude currently is up by 6.3%, trading at $101 a barrel.

This as European natural gas futures have also surged.

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

Amrita Sen adds 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.

Spain's Prime Minister Pedro Sanchez is calling on China to use its influence internationally and help bring the wars in Iran and Ukraine to an end.

Sanchez is in Beijing with the aim of embracing the superpower, framing his country as China's closest ally in Europe.

Spain has been one of the European countries most strongly opposed to the U.S.-Israeli war and is blocking Washington from using U.S.

bases on Spanish territory.

Lastly, let's get some sports news.

Northern Ireland's Rory McIlroy has become the first golfer to win back-to-back Masters titles since Tiger Woods in 2002.