Oil/Chemical Tanker “Bald Man” at the Port of Fujairah, as the U.S.-Israel conflict with Iran limits marine traffic in the Strait of Hormuz, in Fujairah, United Arab Emirates, May 6, 2026. Amr Alfiky | Reuters Oil prices rose Thursday in volatile trading as investors continue to assess the latest developments in the Middle East amid…
Aerial view of Mt. Fuji, Tokyo Tower and modern skyscrapers in Tokyo on a sunny day. Yongyuan | E+ | Getty Images Japan stocks rose more than 3% on Thursday, with the benchmark Nikkei 225 hitting 61,000 for the first time as Asia-Pacific markets rallied despite renewed tensions in the Middle East. The broader regional…
President Donald Trump on Wednesday said Iran will be bombed “at a much higher level” if it doesn’t agree to a peace deal, raising tensions even as news outlets reported that Washington and Tehran are nearing an agreement to end the war. Trump in a Truth Social post said the U.S. military offensive known as…
Secretary of Commerce Howard Lutnick testifies during a during a Senate Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies hearing on the Commerce Department’s 2027 budget request in Washington, DC on April 22, 2026. Nathan Posner | Anadolu | Getty Images Read more CNBC politics coverage Lutnick’s interview began around 11 a.m. ET. The…
Citadel CEO Ken Griffin told CNBC his company has started shifting investment toward Miami in response to New York City Mayor Zohran Mamdani‘s viral tax day video calling out the hedge-fund chief. “In reaction to New York, we filed a permit with the city of Miami. We’ve added several hundred thousand square feet of new…
BEIJING, CHINA – JULY 15: Iran’s Minister of Foreign Affairs Seyed Abbas Araghchi and Russia’s Minister of Foreign Affairs Sergei Lavrov (not seen) hold a meeting on the sidelines of the 2025 meeting of the SCO Council of Foreign Ministers in Beijing, China on July 15, 2025. Russian Ministry of Foreign Affairs | Anadolu |…
This photo shows a view of LyondellBasell refinery near the Houston Ship Channel, part of the Port of Houston, on April 29, 2026. Ronaldo Schemidt | AFP | Getty Images Oil prices fell on Wednesday after President Donald Trump said the U.S. would pause its naval escort effort in the Strait of Hormuz, raising hopes…
Vessels in the Strait of Hormuz near Bandar Abbas, Iran, May 4, 2026. Amirhosein Khorgooi | ISNA | WANA | Via Reuters President Donald Trump said Tuesday he is pausing “Project Freedom,” the U.S. military’s effort to guide commercial ships out of the Strait of Hormuz, one day after the operation began. Trump, in a…
Committee Chairman Sen. Tim Scott (R-SC) delivers an opening statement during the Senate Committee on Banking, Housing, and Urban Affairs confirmation hearing for Kevin Warsh, U.S. President Donald Trump’s nominee for Chair of the Federal Reserve, in the Dirksen Senate Office Building on April 21, 2026 in Washington, DC. Andrew Harnik | Getty Images Senate…
Veiled pro-government supporters stand in a line under a banner depicting portraits of Iran’s late Supreme Leader Ayatollah Ali Khamenei and Ayatollah Mojtaba Khamenei, as they wait to receive donated meals during a state-run religious rally in downtown Tehran, Iran, on April 29, 2026. Nurphoto | Nurphoto | Getty Images Up until the weekend, global…
