Iran
Iran war damaged as much as $58 billion of energy infrastructure, Rystad estimates
The Middle East war has damaged as much as $58 billion worth of energy infrastructure, according to an estimate published by consulting firm Rystad Energy on Wednesday. Iran has attacked the oil and gas infrastructure of its Gulf Arab neighbors including production facilities, refineries and pipelines among other targets. Israel has bombed natural gas and […]
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Amazon sellers boycott ads in policy change revolt: ‘We’re running out of f—ing margin’
An automated bar code reader scans packages prepared for shipping at an Amazon fulfillment center on Cyber Monday in Robbinsville, New Jersey, US, on Monday, Dec. 1, 2025. Michael Nagle | Bloomberg | Getty Images For Amazon sellers that account for over 60% of goods sold on the e-retailer’s sprawling marketplace, times would be tough […]
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A few tankers and ships are going through the Strait of Hormuz. Here’s the latest traffic
A view of a vessel in the Strait of Hormuz following the two-week temporary ceasefire reached between the United States and Iran on the condition that the strait be reopened, seen in Oman on April 8, 2026. Shadi J. H. Alassar | Anadolu | Getty Images At least nine oil tankers have transited the Strait […]
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World Bank president: Prepare for months of disruption, even after Hormuz Strait reopens
Countries affected by the Iran war should prepare for conflict-related disruptions to last for months, even if the current shaky ceasefire lasts and the Strait of Hormuz is reopened, World Bank President Ajay Banga said Wednesday. “It’ll still take a few months for things to come back to where they were” once the key oil-shipping […]
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Regulators are reportedly zeroing in on suspicious trades ahead of market-moving Trump post
US President Donald Trump walks on the South Lawn of the White House after arriving on Marine One in Washington, DC, US, on Sunday, April 12, 2026. Trump attacked Pope Leo XIV for his criticisms of the US-Israeli war on Iran, calling the leader of the Catholic Church “WEAK on crime.” Photographer: Bonnie Cash/UPI/Bloomberg via […]
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Bank of America earnings, Kalshi’s DC charm offensive, a United-American merger and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning, and happy Tax Day. As of last week, the average tax refund this year is more than 10% higher than the same time a year ago, according to IRS data. S&P 500 futures are little changed this morning after the […]
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Top Energy Democrat probes Trump administration’s preparations for Strait of Hormuz closure
U.S. Sen. Martin Heinrich (D-NM) speaks to reporters after a roundtable on rising energy costs on Capitol Hill on March 17, 2026 in Washington, DC. Anna Moneymaker | Getty Images The top Democrat on the Senate Energy and Natural Resources Committee is probing whether the Trump administration adequately planned for the effective closure of the […]
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Iran war ‘very close to over,’ Trump says — and the stock market ‘is going to boom’
U.S. President Donald Trump looks on after disembarking Air Force One as he arrives at Joint Base Andrews in Maryland, U.S., April 12, 2026. Kevin Lamarque | Reuters The Iran war is “very close to over” with authorities in Tehran eager to agree a peace deal, U.S. President Donald Trump claimed in an interview broadcast […]
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Russia offers China energy lifeline as the Iran war strangles global supply
Russian President Vladimir Putin shakes hands with Chinese President Xi Jinping during a reception, held on Victory Day marking the 80th anniversary of the victory over Nazi Germany in World War Two, at the Kremlin in Moscow, Russia, May 9, 2025. Mikhail Metzel | Via Reuters Russia has offered to help China with any potential […]
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Trump renews criticism of UK, saying it should ‘drill, baby, drill’ for North Sea oil
Conservative party leader Kemi Badenoch visits the Well-Safe Protector Oil Rig at Aberdeen’s South Harbour, on March 30, 2026 in Aberdeen, Scotland. Paul Reid | Getty Images News | Getty Images U.S. President Donald Trump has renewed his criticism of Britain’s energy policy, deriding the ruling center-left Labour government’s decision to ban licenses for new […]
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