Russia’s intermittent nuclear threats make a lot of in the West “freak out,” and the Kremlin likes creating that panic. But China’s 12-place peace proposal tends to make Moscow’s nuclear threats much less credible, CNBC’s Ted Kemp reviews.
China’s system for Ukrainian peace has elements that Putin is not going to like
World
Iran war is a ‘catastrophe,’ G7 ministers warn — but there’s little they can do to stop it
U.S. President Donald Trump arrives at the G7 summit in Kananaskis, Alberta, Canada, June 16, 2025. Kevin Lamarque | Reuters The U.S. and Israeli war on Iran is having a catastrophic impact on the global economy, European members of the G7 have warned ahead of a key summit on Thursday. Foreign ministers from the group […]
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World
Electronic warfare in the Persian Gulf: How GPS interference is disrupting the Middle East
The screen of a GPS attached to the dashboard of a vehicle as residents of Dubai face GPS disruptions on March 9, 2026, in Dubai. The United Arab Emirates decried that it was being targeted “in a very unwarranted manner” in the war, stressing it would “not partake in any attacks against Iran”, which has […]
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World
The oil market is in ‘backwardation’ — Here’s what that means for energy prices
An Iranian security worker monitors an area in phase 19 of the South Pars gas field in Assalooyeh, on Iran’s Persian Gulf coast, on Aug. 23, 2016. Morteza Nikoubazl | Nurphoto | Getty Images Oil prices have been gripped by volatility since the U.S.-Iran war began nearly four weeks ago. But analysts say the market […]
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