US-Iran Tensions Boil Over, US Payrolls Surge, & A Major Aluminum Plant Is Hit

Market News
1. U.S.-Iran military escalation has sharply increased after a U.S. fighter jet was shot down, triggering significant risk for oil markets and safe-haven assets.
2. U.S. March Non-Farm Payrolls data surged far beyond expectations to 178k, strengthening the U.S. Dollar and pushing Treasury yields higher.
3. Emirates Global Aluminium's facility in Abu Dhabi sustained significant damage from an Iranian attack, with a potential 12-month full recovery disrupting global aluminum supply.