Monica Ricks

is doubling its commitment to provide reassurance guarantees to ships willing to travel through the Strait of Hormuz to $40 billion with the addition of new insurance partners, including AIG and Berkshire Hathaway.

Traffic has been picking up there in the past week.

According to tracking data, 13 ships have crossed Hormuz since Friday morning.

U.S.

job growth rebounded in March, which is a sign the labor market was stabilizing as the war in Iran started.

But Bloomberg's Mike McKee tells us there's a reason last month's report looked better than expected.

Bloomberg's Mike McKee on Bloomberg this weekend.

Economists expect the war to have more of an impact on future jobs reports if the conflict continues.

White House National Economic Council Director Kevin Hassett also told Bloomberg he doesn't think companies will have to revise their annual forecasts much.

But airlines may be a different story.

Lufthansa is now warning of possible fuel shortages should the conflict in the Middle East turn into a longer war.

The airline says availability is already difficult at some airports in Asia.

And Europe's biggest aviation group said last week that it's considering plans that include grounding planes if demand drops and fuel prices keep surging.

Brent crude is over $109 a barrel, and a significant portion of jet fuel shipments are still stuck in the Strait of Hormuz.

Many Americans are also rethinking their travel plans now due to this war.

Bloomberg's Nathan Hager explains.

Peace talks could resume soon between the U.S., Ukraine and Russia.

Ukraine says it expects top U.S.

envoys Steve Witkoff and Jared Kushner to lead a U.S.

delegation to Kiev in the next few weeks to discuss security assurances against further Russian aggression if it agrees to end the conflict.