Markets rebound: stocks surge across the world as oil rises - as it happened

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Stock markets across the world recorded huge losses on Monday as crude oil prices experienced their biggest losses since 1991. Gulf markets were badly hit, with two-day losses of about $400bn.

However, oil prices recovered on Tuesday and stock markets from the Far East to the Gulf also gained. Follow our live updates below. Meanwhile, you can follow our coronavirus live blog here.

Main stories: • Oil rebounds a little after worst decline in nearly three decades

• Saudi Aramco to boost April production to 12.3m bpd