World
Hormuz is just a ‘dry run’ if China and U.S. go to war in the Pacific, Singapore foreign minister warns
Singapore Foreign Minister Vivian Balakrishnan (left) speaks with CNBC’s Steve Sedgwick at the CONVERGE LIVE event on April 22, 2026. CNBC Should a war break out between China and the U.S. in the Pacific, “what you are seeing in the Strait of Hormuz will be a dry run,” Singapore Foreign Minister Vivian Balakrishnan said Wednesday. […]
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CNBC Daily Open: Trump looks to mitigate tariff, geopolitical blowback
US President Donald Trump speaks in the State Dining Room of the White House in Washington, DC, US, on Tuesday, April 21, 2026. Daniel Heuer | Bloomberg | Getty Images Hello, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. U.S. President Donald Trump has extended the […]
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Oil edge lower as fragile Iran ceasefire extension clouds outlook
A tugboat guides the Russian oil tanker Anatoly Kolodkin as it arrives at the oil terminal in the port of Matanzas, northwestern Cuba, on March 31, 2026. (Photo by Yamil LAGE / AFP via Getty Images) Yamil Lage | Afp | Getty Images Oil prices edged lower on Wednesday as uncertainty lingered over the trajectory […]
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Judge dismisses Kash Patel’s defamation lawsuit over claim he frequented ‘nightclubs’
Kash Patel, director of the Federal Bureau of Investigation (FBI), during a House Intelligence Committee hearing on worldwide threats in Washington, DC, US, on Thursday, March 19, 2026. Daniel Heuer | Bloomberg | Getty Images A federal judge in Houston on Tuesday dismissed a lawsuit by FBI Director Kash Patel that alleged he was defamed […]
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Asia-Pacific markets set to fall as Trump extends Iran ceasefire but uncertainty drags on
A pedestrian looks at an electronic quotation board showing numbers of the Nikkei 225 index in Tokyo on September 11, 2020. Kazuhiro Nogi | AFP | Getty Images Asia-Pacific markets were set to open broadly lower Wednesday as concerns grew that the Middle East conflict could drag on, after President Donald Trump extended a U.S. ceasefire […]
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Trump extends ceasefire in Iran, citing ‘seriously fractured’ Iranian government
US President Donald Trump speaks to members of the media on the South Lawn of the White House before boarding Marine One in Washington, DC, US, on Thursday, April 16, 2026. Graeme Sloan | Bloomberg | Getty Images President Donald Trump on Tuesday extended the two-week U.S. ceasefire with Iran, saying the extension was warranted […]
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Vance trip to Pakistan for Iran talks is on hold, NYT reports
An expected trip by Vice President JD Vance trip to Pakistan for a second attempt at peace negotiations with Iran has been put on hold, The New York Times reported Tuesday. The delay came after Tehran failed to respond to the latest U.S. negotiating positions, the Times reported, citing a U.S. official with direct knowledge […]
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Amazon launches GLP-1 weight loss program, promising ‘fast, convenient’ access
Amazon GLP-1 treatment Source: Amazon Inc. Amazon is pushing deeper into the booming weight loss market, unveiling Tuesday a new program that aims to simplify access to popular GLP-1 treatments. The company said its primary care arm, Amazon One Medical, is launching a GLP-1 management program that integrates obesity treatment into routine care. The offering […]
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A timeline of how the Iran war shook oil prices — and what comes next
Alexander Manzyuk | Reuters Oil markets have lurched from panic to relief and back again since the outbreak of war in the Middle East, with markets bracing for further volatility. Prices surged more than 55% since the start of the war, with Brent crude jumping from around $72 a barrel on February 27 to nearly […]
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Citi spells out 3 scenarios for the Strait of Hormuz — and where oil prices would go in each
Oil prices could soar to $130 a barrel by the end of June if flows through the Strait of Hormuz remain disrupted, as Citi analysts outlined a number of possible scenarios facing oil markets. An oil market recovery hinges upon the full reopening of the strait, according to Citi analysts, ahead of Tuesday’s deadline for […]
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