Iran
Global stock markets are too inflated and will fall, top Bank of England official warns
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 23, 2026. Jeenah Moon | Reuters International equity markets are priced too high and will fall, according to a senior leader at the Bank of England. Sarah Breeden, deputy governor for financial stability at the U.K.’s […]
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CNBC Daily Open: Truce extended, trust still on edge
Hello, this is Katrina Bishop — usually based in London but writing today from Singapore, where I’ve spent the last two days covering CNBC’s CONVERGE LIVE. A hot topic at the event was trust — or lack of it — in the world today. I asked a number of policymakers and business leaders what they […]
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Pentagon email floats suspending Spain from NATO, other steps over Iran rift, Reuters reports
ARLINGTON, VIRGINIA – APRIL 08: U.S. Secretary of War Pete Hegseth departs following a press briefing at the Pentagon on April 08, 2026 in Arlington, Virginia. It was announced that a temporary ceasefire has been reached between the U.S., Iran, and Israel, pausing attacks for about two weeks while Iran reopens the Strait of Hormuz […]
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Oil rises as Iran war worries keep markets on edge as Strait of Hormuz stays shut
The Greek-flagged crude oil tanker “Asahi Princess” is made ready off the coast of the Syrian Baniyas port refinery, along the Mediterranean Sea on on April 15, 2026. Iraq has begun exporting crude using tanker trucks through Syria, its oil ministry said, as an official said oil revenue last month dropped more than 70 percent […]
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Asia-Pacific markets trade mixed as Israel-Lebanon ceasefire extension fails to calm investors
Frank Fell/robertharding | Collection Mix: Subjects | Getty Images Asia-Pacific markets opened mixed as investors remained cautious despite a three-week extension of the Israel-Lebanon ceasefire, underscoring lingering geopolitical uncertainty. Israel and Lebanon agreed to extend their ceasefire by three weeks following a meeting in the White House with top U.S. officials, President Donald Trump said Thursday. “The Meeting went very well!” Trump said in […]
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Japan core inflation accelerates after five months as Iran war pushes energy prices higher
Customers check out vegetables and other groceries at a supermarket in Tokyo on June 20, 2025. Kazuhiro Nogi | Afp | Getty Images Core inflation in Japan accelerated for the first time in five months, rising to 1.8% in March as Iran war-fueled higher energy prices stoke consumer inflation. Government data showed the inflation figure […]
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Trump says Americans should expect higher gas prices for ‘a little while’
President Donald Trump speaks during a health-care affordability event in the Oval Office of White House in Washington, April 23, 2026. Brendan Smialowski | AFP | Getty Images President Donald Trump on Thursday said Americans should anticipate paying higher gas prices “for a little while” as a result of the Iran war, without specifying a […]
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Brent oil tops $105 as tensions simmer in Strait of Hormuz, Israel threatens attacks
A picture taken on March 12, 2017, shows a view of an oil facility in the Khark Island, on the shore of the Gulf. Atta Kenare | Afp | Getty Images Brent oil prices jumped more than 3% on Thursday, as tensions run high in the Strait of Hormuz with the U.S. and Iran enforcing […]
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These charts show how Iran’s economy is in freefall
An Iranian salesperson sits beside a portrait of Iran’s late Supreme Leader Ayatollah Ali Khamenei at his fruit shop in the Shahid Boroujerdi residential complex in southern Tehran, Iran, on April 14, 2026. Morteza Nikoubazl | Nurphoto | Getty Images The war in the Middle East is plunging Iran’s already fragile economy into freefall. Tehran’s […]
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