Foreign policy
Trump says U.S. attacked three Iran nuclear sites
Portraits of Iranian military generals and nuclear scientists, killed in Israel’s June 13 attack are displayed above a road, as a plume of heavy smoke and fire rise over an oil refinery in southern Tehran, after it was hit in an overnight Israeli strike, on June 15, 2025. Atta Kenare | Afp | Getty Images […]
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How regime change in Iran could affect global oil prices
Senior Israeli officials said this week that their military campaign against Iran could trigger the fall of the regime, an event that would have enormous implications for the global oil market. The oil market has reacted with remarkable restraint as Israel has bombed the third-largest crude producer in OPEC for eight straight days, with no […]
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Oil prices rise about 3% as Israel vows to intensify attacks on Iran
Smoke blankets the sky above Tehran, Iran, following explosions in the capital after the Israeli army hit Iranian targets, on June 18, 2025. Anadolu | Anadolu | Getty Images Oil prices rose by about 3% on Thursday, after Prime Minister Benjamin Netanyahu ordered Israel’s military to intensify attacks against Iran and investors watched for signs […]
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Trump extends TikTok ban deadline by another 90 days
Muhammed Selim Korkutata | Anadolu | Getty Images President Donald Trump has extended the deadline for TikTok’s parent company ByteDance to sell the short form video app to an American owner. On Thursday, Trump signed an executive order granting a third extension for the Chinese company to sell its video platform so it can continue […]
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A ‘terrible spiral of escalation’: World braces for intensifying Iran-Israel conflict
Urgent international calls for restraint appear to be falling on deaf ears as the world braces for intensifying conflict in the Middle East. All eyes are on the White House, as U.S. President Donald Trump weighs carrying out direct military strikes on Iran. Such an act would represent a dramatic deepening of U.S. involvement in […]
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Shipping insurance costs spike in the Middle East as Israel-Iran conflict rages
A large commercial ship floats off the coast in Bushehr, Iran, on January 15, 2025. Bushehr is Iran’s first nuclear seaport. Amir | Afp | Getty Images Israel and Iran’s escalating conflict has significantly driven up the cost of insurance for ships sailing through the Red Sea and Persian Gulf. Marine insurers are now charging […]
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CNBC Daily Open: U.S. economic slowdown still in the cards, Fed says
U.S. Federal Reserve Chair Jerome Powell attends a press conference following the issuance of the Federal Open Market Committee’s statement on interest rate policy in Washington, D.C., U.S., June 18, 2025. Kevin Mohatt | Reuters At U.S. Federal Reserve Chair Jerome Powell’s post-meeting press conference, the topic of tariffs — specifically, their impact on prices […]
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Trump and India’s Modi split over U.S. role in Pakistan ceasefire
US President Donald Trump and Indian Prime Minister Narendra Modi hold a joint press conference in the East Room of the White House in Washington, DC, on February 13, 2025. Andrew Caballero-Reynolds | Afp | Getty Images Indian Prime Minister Narendra Modi used his first conversation with U.S. President Donald Trump since the early May […]
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Stealth aircraft and 30,000-pound bombs: Why destroying Iran’s nuclear program is such a difficult feat
A KC-135 Stratotanker aircraft refuels a B-2 Spirit aircraft with the 509th Bomb Wing over Kansas Aug. 29, 2012. U.S. Air Force photo DUBAI, United Arab Emirates — Iran is staring down the possibility of seeing its most important nuclear facilities hit by a 30,000-pound American bomb. White House officials on Tuesday told NBC News […]
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These are the sticking points holding up a U.S.-EU trade deal
The EU and US flags flutter next to the military hub for Ukraine, in Jasionka, south-east Poland on March 6, 2025. Sergei Gapon | Afp | Getty Images The U.S. and European Union are running out of time to strike a deal on trade tariffs — and analysts say several key sticking points could make […]
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