Iran
Why Iran won’t block the Hormuz Strait oil artery even as war with Israel looms
Tankers depicted in the Strait of Hormuz — a strategically important waterway which separates Iran, Oman and the United Arab Emirates. ATTA KENARE | AFP | Getty Images As tensions surge following Israeli strikes on Iran, fears have resurfaced that the Tehran could retaliate by targeting one of the world’s most vital oil arteries — […]
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Trump urges Iran to reach nuclear deal ‘before there is nothing left’
President Donald Trump looks on during a National Economic Council meeting in the Oval Office at the White House March 24, 2017 in Washington, DC. Getty Images U.S. President Donald Trump on Friday morning urged Tehran to reach a nuclear deal “before there is nothing left,” hours after Israel launched a wave of airstrikes against […]
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Iran launches 100 drones at Israel in response to missile attack as markets reel
Traffic flows on a highway in the Iranian capital Tehran on June 13, 2025 following reported Israeli strikes targeting Iran early in the morning. AFP | Getty Images DUBAI, United Arab Emirates — Iran launched more than 100 drones toward Israeli territory Friday morning after Israel’s overnight missile strike on the country killed at least […]
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Safe haven rush begins after Israel strikes Iran
Investors fled to safe-haven assets Friday after a series of Israeli airstrikes on Iran marked a major escalation of conflict in the region. The scale of the attack, which Israel said was targeting Iran’s nuclear program, took markets by surprise, pushing up prices of assets thought to offer protection in times of heightened volatility. “The […]
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CNBC Daily Open: Tensions in the Middle East boil over
Air India Boeing 787 Dreamliner aircraft with registration letters VT-ANB flies over Tokyo, Japan, April 27, 2025 in this picture obtained from social media. Koki Takagi | Via Reuters Israel launched a series of airstrikes in Iran early Friday local time, escalating the simmering conflict between the two nations. Israel said that it was targeting […]
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Oil prices surge 11% on heels of Israeli strikes
Iran’s Supreme Leader Ayatollah Ali Khamenei speaks during a meeting in Tehran, Iran, May 20, 2025. Office of the Iranian Supreme Leader. Office Of The Iranian Supreme Le | Via Reuters Crude oil futures jumped as much as 13% Thursday evening after Israel launched airstrikes against Iran without U.S. support. U.S. West Texas Intermediate last […]
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An Israeli attack on Iran could send oil prices above $100 as tensions mount
Beset by near-universal bearish outlooks just a month ago, oil prices could spike to more than $100 a barrel in the event of an Israeli attack on Iran, some analysts are warning. Crude prices spiked as much as 5% overnight — before paring gains — on fears of military escalation between Iran and Israel as […]
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Trump wanted an Iran deal fast. Now he may get military confrontation
This combination of pictures created on April 09, 2025 shows US Middle East envoy Steve Witkoff after a meeting with Russian officials at Diriyah Palace, in Riyadh, Saudi Arabia, on February 18, 2025 (L); and Iran’s Foreign Minister Abbas Araghchi speaking to AFP during an interview at the Iranian consulate in Jeddah on March 7, […]
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Israel considering military strike on Iran, sources say
Benjamin Netanyahu, Prime Minister of Israel, arrives to greet Federal President Steinmeier before a meeting at the Prime Minister’s official residence in Jerusalem, Israel on May 13, 2025. Bernd von Jutrczenka | Picture Alliance | Getty Images Israel is considering taking military action against Iran — most likely without U.S. support — in the coming […]
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U.S. envoy plans to meet Iran’s foreign minister on Sunday, U.S. official says: Reuters
U.S. Middle East envoy Steve Witkoff at Diriyah Palace, in Riyadh, Saudi Arabia, February 18, 2025. Evelyn Hockstein | Reuters U.S. Special Envoy Steve Witkoff plans to meet Iranian Foreign Minister Abbas Araghchi in Oman on Sunday and discuss Iran’s response to a recent American proposal for a nuclear deal, a U.S. official said late on Wednesday. […]
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