ICE Brent Crude (Apr'23)
Asia-Pacific markets rise as investors parse a slew of data releases
Aerial view of Seoul downtown city skyline with vehicle on expressway and bridge cross over Han river in Seoul city, South Korea. Mongkol Chuewong | Moment | Getty Images Asia-Pacific markets rose Monday as investors parsed a slew of data points, including South Korea and Japan’s industrial output figures for May and China’s purchasing managers’ […]
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Why oil prices swung so wildly during the Iran-Israel conflict and where the market goes from here
The oil market is assuming a bearish tilt after the Iran-Israel conflict ended in a ceasefire this week, with President Donald Trump hinting he could loosen sanctions against the Islamic Republic’s crude exports. The 12-day conflict drove oil prices sharply higher and then lower as traders gauged the odds of a major supply disruption. U.S. […]
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Asia-Pacific markets track Wall Street gains after White House downplays tariff deadline
Aerial view of Osaka Skyline Nikada | E+ | Getty Images Asia-Pacific markets mostly rose Friday, tracking Wall Street’s gains after White House spokesperson Karoline Leavitt downplayed the impending start of the tariff deals, which have weighed on investor sentiment. July 8 is when the so-called liberation day tariffs are set to take effect after […]
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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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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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Stock futures rise after Trump says Iran-Israel ceasefire is in effect: Live updates
Traders work at the New York Stock Exchange on June 23, 2025. NYSE Stock futures rose early Tuesday after President Donald Trump said that a ceasefire between Israel and Iran had come into effect, marking the latest sign of easing tensions in the Middle East. Futures tied to the Dow Jones Industrial Average added 350 […]
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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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Iran’s threat to close the Strait of Hormuz could deepen Tehran’s isolation, experts say
Cargo ships sail in the Gulf off the Iranian port city of Bandar Abbas, which is the main base of the Islamic republic’s navy and has a strategic position on the Strait of Hormuz, on April 29, 2019. ATTA KENARE | AFP | Getty Images Iran may be threatening to close the Strait of Hormuz […]
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CNBC Daily Open: Have Trump’s strikes on Iran bolstered or eroded his credibility?
U.S. and Israeli flags projected on the historic walls of the Old City near Hebron Gate in Jerusalem, Israel, on June 22, 2025. Gazi Samad | Anadolu | Getty Images United States on Saturday conducted air strikes on three of Iran’s nuclear sites, entering Israel’s war against Tehran. The timing was unexpected. On Thursday, U.S. […]
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