Foreign policy
CNBC Daily Open: A truce is to be celebrated — but it doesn’t promise peace
U.S. President Donald Trump speaks to reporters onboard Air Force One en route to the NATO summit in The Hague, Netherlands, June 24, 2025. Brian Snyder | Reuters The ceasefire between Israel and Iran appears to be holding. In yesterday’s newsletter, we talked about how a blitzkrieg of missile-led diplomacy seemed to help de-escalate tensions. […]
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CNBC Daily Open: Investors bet the fragile ceasefire would hold
US President Donald Trump speaks to reporters about the Israel-Iran conflict, aboard Air Force One on June 24, 2025, while traveling to attend the NATO’s Heads of State and Government summit in The Hague in the Netherlands. Brendan Smialowski | Afp | Getty Images The ceasefire between Israel and Iran appears to be holding. In […]
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House Speaker Johnson argues the War Powers Act is unconstitutional
Speaker of the House Rep. Mike Johnson (R-LA) speaks during his weekly press conference at the US Capitol on June 24, 2025 in Washington, DC. Tasos Katopodis | Getty Images House Speaker Mike Johnson, R-La., argued Tuesday that the War Powers Act, a Nixon-era law limiting the president’s power to unilaterally wage war, is unconstitutional, […]
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Israel-Iran ceasefire: Live updates
Oil prices fall sharply after Trump says China can buy oil from Iran FILE PHOTO: An Israeli gas platform, controlled by a U.S.-Israeli energy group, is seen in the Mediterranean sea, some 15 miles (24 km) west of Israel’s port city of Ashdod, in this file picture taken February 25, 2013. Amir Cohen | Reuters […]
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Oil prices fall more than 4% after Trump says China can continue buying oil from Iran
Oil prices fell sharply Tuesday after President Donald Trump said China can keep buying oil from Iran, a sign that the U.S. is easing its maximum pressure campaign on the Islamic Republic in the wake of a ceasefire with Israel. Global benchmark Brent fell $3.33, or 4.66%, to $68.15 per barrel by 10:18 a.m. ET. […]
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Was it all ‘just a big show?’ Anxiety, frustration and hope for Middle East residents as Trump brokers fragile ceasefire
A view of missiles over Doha, Qatar after Iran has launched an operation targeting a U.S. base in Qatar on June 23, 2025. Stringer | Anadolu | Getty Images DUBAI, United Arab Emirates — Escalating regional war, or a bunch of choreographed theatre? A shaky ceasefire announced by President Donald Trump Monday night looks to […]
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Trump and the U.S. are totally committed to NATO, alliance chief says to reassure allies
U.S. President Donald Trump walks to board Marine One before departing from the South Lawn of the White House in Washington, DC on June 24, 2025, to attend the NATO’s Heads of State and Government summit in The Hague. Mandel Ngan | Afp | Getty Images The U.S. and President Donald Trump are totally committed […]
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NATO wants allies to spend 5% of GDP on defense: This chart shows how hard it could be
U.S. President Donald Trump attends a meeting with NATO Secretary General Jens Stoltenberg ahead of the NATO summit in Watford, in London, Britain, December 3, 2019. Kevin Lamarque | Reuters Before this week’s annual NATO summit had even begun, allies reportedly agreed on Sunday to hike their defense spending to 5% of gross domestic product […]
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CNBC Daily Open: The strange times of missiles-led ‘peace’
US President Donald Trump (L) greets Secretary of Defense Pete Hegseth as he arrives to address troops at the Al-Udeid air base southwest of Doha on May 15, 2025. Brendan Smialowski | Afp | Getty Images It’s a strange thought that launching attacks on other countries could lead to peace, but that seems to be […]
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Trump slams Russia’s Medvedev for claiming countries will give Iran nuclear warheads
Russia’s Security Council’s Deputy Chairman Dmitry Medvedev attends a meeting of the Council for Science and Education at the Joint Institute for Nuclear Research in the Moscow region’s city of Dubna, Russia June 13, 2024. Alexei Maishev | Via Reuters President Donald Trump on Monday lashed out at former Russian President Dmitry Medvedev for claiming […]
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