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U.S. renews Russian oil waiver after pressure from countries dealing with Iran war price shocks
A tugboat guides the Russian oil tanker Anatoly Kolodkin as it arrives at the oil terminal in the port of Matanzas, northwestern Cuba, on March 31, 2026. (Photo by Yamil LAGE / AFP via Getty Images) Yamil Lage | Afp | Getty Images The Trump administration on Friday renewed a waiver allowing countries to buy […]
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‘It’s sad’: The U.S.-UK ‘special relationship’ sours ahead of royal visit to Washington
Britain’s Prime Minister Keir Starmer (R) and US President Donald Trump (L) shake hands as Starmer finishes his opening statement and hands over to Trump at a Business event at Chequers, in Aylesbury, central England, on Sept. 18, 2025, on the second day of the US President’s second State Visit. Andrew Caballero-Reynolds | AFP | […]
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Video shows ships turning away from the Strait of Hormuz as confusion persists over whether sea lane is really open
Oil tankers are remaining cautious about sailing through the Strait of Hormuz after Iran declared Friday that the sea lane is open to commercial ships, video footage shows. Oil futures contracts tumbled Friday as the market interpreted the announcement from Tehran as a major breakthrough that will ease the massive disruption to global energy supplies. […]
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Jim Cramer on the market’s ‘remarkable’ rally — and what to watch in a big earnings week ahead
CNBC’s Jim Cramer on Friday laid out his game plan for the week ahead after what he called one of the most “remarkable” rallies he’s ever seen. “If you didn’t believe we could have still one more week where we’d rally 3%, you’d be right,” Cramer said. “We actually rallied 4% thanks to today’s gigantic […]
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Goldman says buy these dividend-paying energy stocks with upside potential
Energy stocks took a hit on Friday amid falling oil prices — and that could spell a buying opportunity for certain names favored by Goldman Sachs. Iran announced that the Strait of Hormuz was ” completely open ” earlier in the day, but President Donald Trump said the U.S. blockade was still active. Oil prices […]
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Stocks making the biggest moves midday: Royal Caribbean, Exxon Mobil, Critical Metals, Netflix & more
Check out the companies making the biggest moves midday: Energy stocks – Shares fell sharply as oil prices sunk more than 12% after Iran opened the Strait of Hormuz for the duration of the ceasefire between Israel and Lebanon. APA Corporation declined by more than 9%, while Valero Energy fell more than 8.5%. Occidental Petroleum […]
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Iran declares Strait of Hormuz open to shipping; Trump says U.S. blockade still active
Iranian Foreign Minister Seyyed Abbas Araghchi in Cairo, Egypt, on Oct. 17, 2024. Sayed Mohamed | Xinhua News Agency | Getty Images Iran on Friday declared the Strait of Hormuz completely open to commercial traffic during the ceasefire between Israel and Lebanon. “In line with the ceasefire in Lebanon, the passage for all commercial vessels […]
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House Dem Sam Liccardo probes suspicious oil trades during Iran war
Rep. Sam Liccardo, D-Calif., attends a news conference with members of the Congressional Hispanic Caucus during the House Democrats’ 2025 Issues Conference at the Lansdowne Resort in Leesburg, Virginia, March 13, 2025. Tom Williams | CQ-Roll Call, Inc. | Getty Images Rep. Sam Liccardo, D-Calif., is probing whether the nation’s top financial regulators are examining […]
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Investors are due a brutal wake-up call as economic reality sets in — and there’s nowhere to hide
Investors are dangerously underestimating the lasting impact of the Middle East war, as markets rally on optimism over a ceasefire agreement and rapid economic rebound. That’s the view of Sophie Huynh, portfolio manager and strategist at BNP Paribas Asset Management, who warned the market is not reflecting “the economic reality of what we could be […]
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The Nasdaq’s win streak, Netflix earnings, another AI pivot and more in Morning Squawk
1. Peace talks US President Donald Trump speaks to members of the media on the South Lawn of the White House before boarding Marine One in Washington, DC, US, on Thursday, April 16, 2026. Graeme Sloan | Bloomberg | Getty Images Stocks climbed higher in yesterday’s session after President Donald Trump announced that Israel and […]
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