Crude oil prices surged above $100 per barrel on Sunday, after major Middle East producers cut output because the critical Strait of Hormuz remains closed due to the Iran war. West Texas Intermediate jumped 18.98%, or $17.25, to $108.15 per barrel by 6:12 p.m. ET. Global benchmark Brent advanced 16.19%, or $15.01, to $107.70. U.S….
The Damac Heights real estate development, right, in the Dubai Marina in Dubai, United Arab Emirates, on Friday, Feb. 20, 2026. Bloomberg | Bloomberg | Getty Images Stocks listed in Dubai and Abu Dhabi slid on Wednesday, as UAE indexes reopened from a two-day closure that followed Iranian drone and missile strikes on the nation….
Stranded passengers wait at the Velana International Airport in Male on March 1, 2026 after the cancellation of several flights destined for the Middle East. Mohamed Afrah | Afp | Getty Images Travelers are stranded as far away as Australia, Brazil and the Maldives after the U.S. and Israel launched strikes on Iran this weekend….
Binance founder Changpeng “CZ” Zhao said his business relationship with President Donald Trump‘s family has been “misconstrued” in the wake of his pardon. “There’s no business relationships whatsoever,” Zhao told CNBC’s Andrew Ross Sorkin on Thursday in an interview at the World Economic Forum in Davos, Switzerland. The former Binance CEO served four months in…
Gen. David Petraeus, Former CIA Director, Fmr. Central Commander and American commander in Iraq. Adam Jeffery | CNBC The White House’s new national security strategy gave Europe a scare last week as it warned the region faced “civilizational erasure” and questioned whether it could remain a geopolitical partner for America. The document shocked allies on the…
Ray Dalio, founder of Bridgewater, speaking to CNBC at the Future Investment Institute 2025 summit in Riyadh on Oct. 28th, 2025. CNBC The Middle East is fast emerging as one of the world’s most powerful AI hubs, Bridgewater Associates’ founder Ray Dalio said Monday, comparing the region’s rise to Silicon Valley’s pull for all things…
Vince Nguyen, a 39-year-old entrepreneur based in Vietnam, spends a few hundreds almost every month traveling to other countries to play pickleball. The sport, which began as a pastime after injuring himself in American football, has since become central to his lifestyle, as he plays it for two to four hours almost daily. Since he…
Russian President Vladimir Putin during a meeting on development of ‘new regions’, annexed from Ukraine, at the Kremlin, June 30, 2025, in Moscow, Russia. Contributor | Getty Images All eyes are now on Russia’s response to a fledgling peace plan to end the war in Ukraine after Kyiv appeared willing to move forward with a…
Ukrainian President Volodymyr Zelenskyy attends a meeting of the Ukraine Defence Contact Group at the Ramstein Air Base in Germany, September 6, 2024. Heiko Becker | Reuters Ukrainian officials are willing to move forward with a U.S.-backed framework for a peace deal that would end Kyiv’s war with Russia, multiple outlets reported Tuesday — though…
