Monica Ricks

A French container ship has exited the Strait of Hormuz in what appears to be the first known transit through the waterway by a vessel linked to Western Europe since the war in Iran started.

It sailed from waters off Dubai and according to ship tracking data, stuck close to the Iranian coast.

Iran has tightened its grip over Hormuz, allowing some ships from friendly nations to move along a pre-approved route, but it's threatened to strike vehicles allied to the U.S.

or Israel.

Meantime, President Trump's now threatening to go after Iran's infrastructure by destroying bridges and electric power plants.

The president says the U.S.

military hasn't even started destroying what's left in Iran, warning on social media overnight that Iran's leadership knows what has to be done and has to be done fast.

A good Friday for the labor market.

Bloomberg's Mike McKee takes a look at the numbers.

Bloomberg's Mike McKee.

The data also suggests the labor market was stabilizing as the war in Iran started.

Stephanie Roth is with Wolf Research.

Economist Stephanie Roth on Bloomberg surveillance.

She says health care strikes and severe winter weather contributed to employment declines in February.

Now, Wall Street won't react to the news till Monday since American and European markets are closed for Good Friday.

But in Asia, the Nikkei in Japan closed up one point three percent today.

The Hang Seng in Hong Kong lost seven tenths percent and China's CSI 300 was down about eight tenths percent.

Oil prices also soared with Brent crude topping one hundred nine dollars a barrel.

Amazon says it'll start charging a 3.5% fuel surcharge later this month as more shipping companies raise their prices to offset higher oil costs.

And major cities around the world are taking a wide range of approaches to mitigate its impacts.