Oil prices have spiked in recent weeks following the increased tensions in the Middle East.
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Asia-Pacific markets set to open lower as U.S. bombing of Iran escalates Middle East crisis
World
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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World
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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World
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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