Iran
CNBC Daily Open: A ceasefire, but no Strait talk
A photograph taken from the southern Lebanese area of Tyre shows smoke as it rises from the site of Israeli airstrikes that targeted villages on southern Lebanon on April 16, 2026. Kawnat Haju | AFP | Getty Images Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily […]
Read More
Asia markets open lower as fragile Middle East ceasefire tempers sentiment
Kazuhiro Nogi | AFP | Getty Images Asia-Pacific markets opened lower Friday, as cautious optimism over the Middle East conflict tempered sentiment, diverging from Wall Street’s record-setting rally. U.S. President Donald Trump on Friday said that the war in Iran “should be ending pretty soon,” reiterating rosy predictions about the end of the conflict. Hours earlier, […]
Read More
Trump says war in Iran is going ‘swimmingly’ and ‘should be ending pretty soon’
President Donald Trump on Thursday said that “the war in Iran is going along swimmingly.” “It should be ending pretty soon,” Trump said at an event in Las Vegas, echoing similarly rosy predictions about the end of the war that he has made since the United States and Israel launched attacks on Iran in late […]
Read More
Trump says gas prices ‘not very high’ as most U.S. voters blame him for price spike
President Donald Trump speaks to the media before boarding Marine One on the South Lawn of the White House on April 16, 2026. Anna Moneymaker | Getty Images President Donald Trump on Thursday brushed aside concerns about much higher gas prices because of the Iran war, even as a new poll showed that most U.S. […]
Read More
Brent oil price near $100 again with U.S.-Iran talks uncertain and Hormuz still blocked
Crude oil prices neared $100 again on Thursday, as tanker traffic through the Strait of Hormuz remains very low with no clear pathway to fully reopen the vital sea lane. International benchmark Brent for June delivery surged nearly 5% to close at $99.39 per barrel. West Texas Intermediate crude for May rose almost 4% to […]
Read More
Vance’s Iran and Orbán setbacks raise questions about his standing with Trump
U.S. Vice President JD Vance speaks during a Turning Point USA event at Akins Ford Arena at the Classic Center on April 14, 2026 in Athens, Georgia. Chip Somodevilla | Getty Images President Donald Trump this month sent Vice President JD Vance to Hungary to boost its embattled prime minister and then to Pakistan for […]
Read More
U.S. Navy stopped 13 ships from passing Iranian port blockade, Pentagon says
US Chairman of the Joint Chiefs of Staff General Dan Caine speaks as a map of the Strait of Hormuz is displayed during a press briefing at the Pentagon in Washington, DC, on April 16, 2026. Saul Loeb | Afp | Getty Images The U.S. Navy has turned back 13 ships since its blockade of […]
Read More
New York Fed President Williams worries war will slow growth, aggravate inflation
New York Fed President John Williams expressed concern Thursday about the Iran war’s impact on the economy, saying it already has shown signs of hiking prices and slowing growth. In a speech delivered to bankers in his home district, Williams noted that the conflict has “intensified the uncertainty” around national and local conditions. While he […]
Read More
European stocks rise as UK GDP jumps and Iran peace talks remain in focus
A woman walks past mockups of Iranian missiles along Valiasr Square in Tehran on April 6, 2026. Atta Kenare | Afp | Getty Images LONDON — European stocks followed Asian markets higher on Thursday, as investors assess strong U.K. GDP data and Eurozone inflation data for March. Markets also continue to keep a close eye […]
Read More
Don’t call time on dollar dominance just yet, say analysts as ‘petroyuan’ call sparks debate
Dieter SPannknebel | Getty Images The U.S. dollar suffered in 2025 as investors embraced the “Sell America” trade, the Federal Reserve cut interest rates, and the greenback was dealt a policy and fiscal credibility shock. The war in Iran has helped shore-up the dollar so far in 2026, but the future of the global reserve […]
Read More