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India’s Modi reaches out to Iran as energy crunch fears grip the South Asian nation
An LPG gas tanker at anchor as traffic is down in the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Shinas, Oman, March 11, 2026. Benoit Tessier | Reuters Indian Prime Minister Narendra Modi called Iranian President Masoud Pezeshkian within hours of Tehran’s new supreme leader vowing to keep the Strait of Hormuz […]
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Asia-Pacific markets tumble as investors brace for a prolonged war in Middle East
Commercial vessels are pictured offshore in Dubai on March 11, 2026. – | Afp | Getty Images Asia-Pacific markets opened lower Friday as oil prices soared on renewed fears that a prolonged conflict in the Middle East could further crimp energy supplies, stoking fears of a global economic downturn. Iran’s new Supreme Leader Mojtaba Khamenei […]
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Markets hopes for Fed interest rate cuts are rapidly fading away
Key Points As both energy prices and inflation fears pop, expectations for Federal Reserve interest rate cuts are sliding. Traders have taken even a September cut off the table and now see only one coming, in December. There are no additional cuts priced in until well into 2027 or even into the early part of […]
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Fed chair pick Kevin Warsh meets with more senators as Thom Tillis blockade continues
Federal Reserve chairman nominee Kevin Warsh’s chances of getting quickly confirmed by the Senate looked as gloomy as the weather in Washington on Thursday as he met with more senators in a bid to bolster his chances. “It doesn’t look like such a nice day today,” Warsh quipped to a CNBC reporter in the Hart […]
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Why Section 301 probes matter — and what they mean for Trump’s tariffs
President Donald Trump speaks to supporters during a rally at the US Steel-Irvin Works on May 30, 2025 in West Mifflin, Pennsylvania. Jeff Swensen | Getty Images Here’s CNBC’s brief guide to Section 301s — what they are, why the White House has resorted to using them, and what President Donald Trump’s administration hopes to […]
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The Iran war is pushing up European energy prices. Here’s why a Ukraine-style inflation shock could still be avoided
The energy price shock that followed Russia’s invasion of Ukraine four years ago is fresh in the minds of European policymakers as the conflict in Iran once again drives oil and gas prices higher. Experts, however, think this time could be different. Fears of a full-blown energy crisis on that scale — which saw oil […]
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Dow slides 300 points as oil prices move higher again amid Iran conflict: Live updates
Traders work on the floor of the New York Stock Exchange during morning trading on March 10, 2026 in New York City. Michael M. Santiago | Getty Images The Dow Jones Industrial Average fell on Wednesday as investors continued to eye developments in the U.S.-Iran war and oil prices. The 30-stock index shed 328 points, […]
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Thom Tillis refuses to budge on blocking Fed chair pick Kevin Warsh confirmation
Sen. Thom Tillis, R-N.C., talks with reporters in the U.S. Capitol during votes on Tuesday, March 10, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images There is nothing that Federal Reserve chair nominee Kevin Warsh can say to get Sen. Thom Tillis to end his blockade on Warsh’s confirmation, the North Carolina Republican […]
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Warsh to meet Tillis as Senate confirmation remains blocked
U.S. Senator Thom Tillis (R-NC) attends a Senate Banking, Housing and Urban Affairs Committee hearing on the Financial Stability Oversight Council’s annual report to Congress, on Capitol Hill in Washington, D.C., U.S., February 5, 2026. Jonathan Ernst | Reuters Federal Reserve chair nominee Kevin Warsh will meet this week with the Republican senator who has […]
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