Israel
The U.S. insists the Iran conflict won’t be a ‘forever war.’ Experts beg to differ
Plumes of smoke rise over the skyline on March 3, 2026 in Tehran, Iran. Majid Saeedi | Getty Images Since the U.S. and Israel launched surprise strikes on Iran last weekend, Washington has been keen to stress that the military action will be over in a matter of weeks and won’t turn into a so-called […]
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CNBC Daily Open: Markets take a beating despite Trump’s reassurances
U.S. President Donald Trump takes questions from the media during a bilateral meeting with German Chancellor Friedrich Merz in the Oval Office of the White House on March 03, 2026 in Washington, DC. Win Mcnamee | Getty Images What you need to know today South Korea’s Kospi recorded its worst day on record, plunging 12% on […]
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Iran war live updates: Tehran keeps up strikes as Gulf states deny missile shortages
Middle East conflict adds to central bank headaches as oil extends four-day rally A widening Middle East conflict has posed a fresh test for global central banks, as fears of an oil shock and renewed inflation risks complicate policymakers’ calculus for shoring up growth. Brent crude prices extended four days of gains, rising 1.6% to $82.76 […]
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Middle East conflict poses fresh test to central banks as oil shock fuels inflation
Pedestrians look out across the city skyline as they walk along the Tabiat bridge in Tehran, Iran, on Saturday, Aug. 4, 2018. Ali Mohammadi | Bloomberg | Getty Images A widening Middle East conflict has posed a fresh test for global central banks, as fears of an oil shock and renewed inflation risks complicate policymakers’ calculus […]
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Nvidia, Amazon temporarily close Dubai offices, Google employees stranded amid U.S.-Iran war
A plume of smoke rises from the port of Jebel Ali following a reported Iranian strike in Dubai on March 1, 2026. Fadel Senna | Afp | Getty Images Nvidia, Amazon and Alphabet are among the big tech firms scrambling to ensure the safety of their employees who are traveling through or based in the […]
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Luxury stocks slump as Middle East conflict risks one of the sector’s ‘few bright spots’
New York City. Adam Gray | Reuters Luxury stocks were among the hardest hit sectors early Tuesday, with European markets heading for another day of losses as the conflict in the Middle East intensified overnight. Shares of conglomerate LVMH, Gucci-owner Kering, and British outerwear maker Burberry were among the worst performers, with week-to-date losses approaching […]
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Europe — told of Iran strikes just ‘minutes’ before they started — struggles to be heard as war escalates
A plume of smoke rises after a strike in Tehran, Iran, Monday, March 2, 2026. Mohsen Ganji | AP When the U.S. and Israel struck Iran on Saturday morning, “very few” people in Europe were told beforehand that the airstikes were about to begin, a senior lawmaker in the bloc told CNBC. “Very few people […]
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Oil supertanker rates hit all-time high as insurers drop war risk protection in the Middle East
Commercial ships anchor off the coast of the United Arab Emirates due to navigation disruptions in the Strait of Hormuz, Dubai on March 2, 2026. Stringer | Anadolu | Getty Images Oil supertanker costs in the Middle East climbed to their highest level on record as conflict between the U.S. and Iran disrupts shipping through […]
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CNBC Daily Open: Markets digest U.S.-Iran war as conflict spreads
A general view of Tehran with smoke visible in the distance after explosions were reported in the city, on March 2, 2026 in Tehran, Iran. Contributor | Getty Images What you need to know today The first flights out of Dubai were cleared to depart since the U.S. and Israel attacked Iran, but service is […]
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As Iran strikes disrupt flights, why travel insurance may fall short
A traveler uses his mobile phone next to a departures board showing a cancelled Kuwait Airways flight, amid the U.S.-Israel conflict with Iran, at Terminal 7 at John F. Kennedy (JFK) International Airport in New York City, U.S., March 2, 2026. Bing Guan | Reuters The upshot: Vacationers who miss some or all of their […]
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