Day: June 23, 2025
NATO allies will pledge to hike defense spend – but will they deliver?
US Secretary of Defense Pete Hegseth holds a bilateral meeting with NATO Secretary General Mark Rutte (2nd L) at the Pentagon in Washington, DC, April 24, 2025. Brendan Smialowski | AFP | Getty Images Fireworks could kick off during NATO’s annual summit this week, as the U.S. pushes its allies to sharply increase their defense […]
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Why global markets are brushing off U.S. strikes on Iran
A trader on the floor of the New York Stock Exchange during the first session of the new year on January 2, 2025, in New York City, U.S. Timothy A. Clary | Afp | Getty Images The U.S. joining the war between Israel and Iran might seem like a geopolitical flashpoint that would send markets […]
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Trump calls ‘obliteration’ an accurate description of damage to Iran’s nuclear facilities
A satellite image shows the Fordo nuclear facility in Iran in this handout image dated June 14, 2025. Maxar Technologies | Via Reuters U.S. President Donald Trump on Sunday disputed Iranian attempts to downplay the strikes on its nuclear facilities, stressing that “obliteration” was an accurate description, even though the full extent of the damage […]
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Oil at $100 a barrel? U.S. role in Iran-Israel fight fuels market jitters
Oil prices jumped more than 7% on Friday, hitting their highest in months after Israel said it struck Iran, dramatically escalating tensions in the Middle East and raising worries about disrupted oil supplies. Eli Hartman | Reuters Oil markets are entering a new phase of uncertainty after the U.S. entered the war between Iran and […]
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U.S. strikes in Iran spark airline cancellations and travel turmoil
Israel closes its airspace and suspended flight operations at Ben Gurion International Airport in Tel Aviv, Israel on June 13, 2025. Nir Keidar | Anadolu | Getty Images Commercial airlines around the world on Monday were weighing how long to suspend Middle East flights after the U.S. struck Iran. Singapore Airlines, one of the highest-profile in Asia, […]
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CNBC Daily Open: Have Trump’s strikes on Iran bolstered or eroded his credibility?
U.S. and Israeli flags projected on the historic walls of the Old City near Hebron Gate in Jerusalem, Israel, on June 22, 2025. Gazi Samad | Anadolu | Getty Images United States on Saturday conducted air strikes on three of Iran’s nuclear sites, entering Israel’s war against Tehran. The timing was unexpected. On Thursday, U.S. […]
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