Key Points A Singapore registered container ship has been sunk in the Strait of Hormuz. High energy prices have also contributed to a hot inflation report in the U.S.
Lim Hui Jie is a markets correspondent for CNBC, based in Singapore. He focuses on delivering timely market updates and insights on regional and global economic trends, with expertise in finance, trading, and commodities markets. Lim's work has been featured in notable outlets including The Edge Singapore, NBC News, and various NBC stations across the United States.