World
European markets start the week lower as Middle East crisis worsens
Dollar rises, yen falls As markets digest the U.S. strikes on Iran over the weekend, the dollar is on the rise, while other currencies typically seen as safe havens have lost momentum. The U.S. dollar index — which measures the greenback against a basket of major rivals — was 0.3% higher by 8:25 a.m. in […]
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Russia watches on as ally Iran is pummeled — and it’s unlikely to go to Tehran’s rescue
Russian President Vladimir Putin tours an exhibition at the Central Museum of the Great Patriotic War on Poklonnaya Gora in Moscow, Russia, April 30, 2025. Alexander Kazakov | Via Reuters Russia’s response to Iran’s call for help is being closely watched on Monday after the U.S. bombed Tehran’s nuclear facilities over the weekend — but […]
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Iran’s threat to close the Strait of Hormuz could deepen Tehran’s isolation, experts say
Cargo ships sail in the Gulf off the Iranian port city of Bandar Abbas, which is the main base of the Islamic republic’s navy and has a strategic position on the Strait of Hormuz, on April 29, 2019. ATTA KENARE | AFP | Getty Images Iran may be threatening to close the Strait of Hormuz […]
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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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Dow futures slide as oil rises following U.S. bombing of Iran: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City on June 18, 2025. Timothy A. Clary | Afp | Getty Images Stock futures fell ahead of Monday’s session after the United States entered Israel’s war against Iran over the weekend by striking three nuclear sites, a move by […]
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Asia-Pacific markets set to open lower as U.S. bombing of Iran escalates Middle East crisis
Oil prices have spiked in recent weeks following the increased tensions in the Middle East. Source
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