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Delta CEO says airline will ‘meaningfully’ cut growth plans, sees $300 million boost from its refinery
Delta Air Lines CEO Ed Bastian said the carrier will “meaningfully reduce” its capacity growth plans in the near term as fuel costs soar, solidifying a pullback from airlines that have been roiled by a historic run-up in jet fuel due to the Middle East war. Shares were up more than 11% in premarket trading, […]
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A fragile U.S.-Iran ceasefire sparks market relief — but no clear path to lasting peace
WASHINGTON, DC – APRIL 06: U.S. President Donald Trump speaks alongside Central Intelligence Agency Director John Ratcliffe (L) and U.S. Secretary of War Pete Hegseth (R) during a news conference in James S. Brady Press Briefing Room of the White House on April 06, 2026 in Washington, DC. Alex Wong | Getty Images News | […]
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Lebanon’s economy minister seeks clarity on ceasefire ‘mixed signals’ as Israeli strikes continue
Smoke billows after an Israeli strike on Beirut’s southern suburbs, following an escalation between Hezbollah and Israel amid the U.S.-Israeli conflict with Iran, Lebanon, March 9, 2026. Mohamed Azakir | Reuters Lebanon is seeking urgent clarity on whether it’s part of the ceasefire pausing the Iran war, its economy minister told CNBC, adding it was […]
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Asian tech stocks surge as U.S.-Iran cease fire ease Hormuz disruption worries
Xeon server chips shown to CNBC inside Intel’s advanced packaging facility in Chandler, Arizona, on November 17, 2025. CNBC Asian technology and semiconductor stocks surged on Wednesday after the U.S. and Iran agreed to a conditional two-week ceasefire that includes a temporary reopening of the Strait of Hormuz. The news sent major indexes in Asian […]
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European stocks set to soar after U.S.-Iran ceasefire deal
Traders work on the floor of the New York Stock Exchange during morning trading on April 02, 2026 in New York City. Michael M. Santiago | Getty Images LONDON — European stocks are expected to open sharply higher on Wednesday after the U.S. and Iran agreed to a conditional ceasefire deal. The U.K.’s FTSE 100 […]
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U.S.-Iran ceasefire relief rally lifts global assets as oil plunges below $100
A two-week ceasefire between the U.S. and Iran sparked a broad-based relief rally across risk assets, and even buoying traditional safe havens. Source
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Gulf countries scramble to intercept missiles hours into U.S.-Iran ceasefire agreement
TEL AVIV, ISRAEL – APRIL 08: An Iranian cluster munition is fired towards Tel Aviv and the surrounding area around 3 AM on April 08, 2026 in Tel Aviv, Israel. Alexi Rosenfeld | Getty Images News | Getty Images Many Middle Eastern countries reported incoming missiles and drones from Iran on Wednesday, triggering air defenses […]
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South Korea stocks lead gains in Asia as oil prices plunge after U.S.-Iran ceasefire deal
Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural styles George Pachantouris | Moment | Getty Images Asia-Pacific markets rallied on Wednesday after U.S. President Donald Trump said he had agreed to suspend planned attacks on Iranian infrastructure for two weeks. The move was “subject to the Islamic Republic of Iran agreeing to the COMPLETE, IMMEDIATE, […]
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U.S. oil price plunges below $100 after Iran agrees to safe passage through Strait of Hormuz during ceasefire
U.S. crude oil prices plunged Tuesday evening, after President Donald Trump agreed to suspend attacks on Iran for two weeks in exchange for Tehran allowing safe passage through the Strait of Hormuz. The West Texas Intermediate contract for May delivery fell about 15% to $95.63 per barrel by 7:48 p.m. ET. Trump said the two-week […]
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