Energy
India, South Korea aim to deepen ties amid geopolitical uncertainty. Here is what’s holding them back.
NEW DELHI, INDIA – 2026/04/20: South Korean President Lee Jae Myung heads into talks with Indian Prime Minister Narendra Modi at Hyderabad House, aiming for a big boost in economic cooperation, particularly in areas such as enhancing cooperation in semiconductors, shipbuilding, AI, defense, and securing supply chains nearly doubling bilateral trade to $50 billion by […]
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Jim Cramer gives four reasons why the market keeps shrugging off the Iran war
CNBC’s Jim Cramer said the stock market’s muted reaction to escalating tensions in the Middle East shows investors are focused on forces far bigger than geopolitics. “When you saw the news…you had to believe we were just going to get clobbered today,” the “Mad Money” host said, referring to headlines over the weekend that Iran […]
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Strait of Hormuz ship traffic briefly rose and then slowed after weekend attacks
Commercial ship traffic through the Strait of Hormuz briefly jumped over the weekend before slowing to a trickle again after several attacks on vessels. At least 20 ships transited the strait on Saturday ranging from oil tankers to dry bulk and container ships, according to data from LSEG. The big oil tanker FPMC C Lord […]
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USA Rare Earth to buy Brazil’s Serra Verde for $2.8 billion to build supply outside Asia
USA Rare Earth has announced plans to buy Brazilian rare earths miner Serra Verde in a deal worth $2.8 billion in cash and shares, as it seeks to challenge China’s dominance of the supply chain. The Oklahoma-headquartered company said it will pay $300 million in cash and $126.9 million in its own newly issued stock […]
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China calls for ‘concerted’ industry efforts to tackle excess solar production
Workers check solar panels installed on a lake in Tianchang, east China’s Anhui province on January 12, 2026. – | Afp | Getty Images China has called for “concerted efforts” to ease its solar power industry’s severe overcapacity crisis, as part of Beijing’s campaign to end a fierce price war. The proposed measures include capacity […]
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Gas prices may not drop below $3 a gallon until next year: Energy Secretary Wright
U.S. Energy Secretary Chris Wright appears before a House Appropriations Subcommittee on Energy hearing on the Trump administration’s 2027 budget request for the Department of Energy, on Capitol Hill in Washington, D.C., U.S., April 15, 2026. Nathan Howard | Reuters Energy Secretary Chris Wright on Sunday said gas prices may not drop below $3 until […]
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Iran says talks continue while it retains control of Strait of Hormuz traffic
Iran ratcheted up its rhetoric against the U.S. on Sunday, a day after it said it had reasserted control of the Strait of Hormuz. President Donald Trump confirmed peace talks with Iran are continuing, while warning Tehran not to try to use blackmail. Iran’s parliament speaker and top negotiator, Mohammad Bagher Ghalibaf, said talks to […]
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Trump says U.S. has ‘good news’ on Iran as Tehran says the Strait of Hormuz is closed again
IN FLIGHT – APRIL 17: U.S. President Donald Trump speaks to members of the press aboard Air Force One on April 17, 2026 just prior to landing at Joint Base Andrews, Maryland. (Photo by Win McNamee/Getty Images) Win Mcnamee | Getty Images News | Getty Images President Donald Trump sounded optimistic about the progress of […]
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U.S. renews Russian oil waiver after pressure from countries dealing with Iran war price shocks
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 The Trump administration on Friday renewed a waiver allowing countries to buy […]
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We spoke to over 30 central bankers, policymakers and politicians. Here are their top concerns
A man walks among buildings destroyed in a joint attack by Israel and the United States on April 6, 2026, in Tehran, Iran. Majid Saeedi | Getty Images Policymakers around the world are closely watching developments in the Middle East as they gauge the most prudent response to the economic fallout of the war. CNBC […]
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