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These charts show how Iran’s economy is in freefall
An Iranian salesperson sits beside a portrait of Iran’s late Supreme Leader Ayatollah Ali Khamenei at his fruit shop in the Shahid Boroujerdi residential complex in southern Tehran, Iran, on April 14, 2026. Morteza Nikoubazl | Nurphoto | Getty Images The war in the Middle East is plunging Iran’s already fragile economy into freefall. Tehran’s […]
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Europe’s summer travel is on the line as airlines’ jet fuel supply dwindles
Jet fuel shortages threaten to disrupt the upcoming summer travel season as the conflict in the Strait of Hormuz intensifies. Nurphoto | Nurphoto | Getty Images Peak travel season is almost here, but the International Energy Agency’s head told CNBC that Europe may struggle to meet surging jet fuel demand as the Middle East crisis […]
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Kalshi traders don’t see Strait of Hormuz traffic returning to normal until July
Key Points Bettors on prediction markets platform Kalshi now see the chances of traffic in the Strait of Hormuz returning to normal in June as below 50%. Those bettors think there’s a 59% chance traffic is back to normal by July, and a 61% chance by August. Kalshi defines normal traffic as transit through the […]
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Tesla earnings, the future of Spirit Airlines, WBD shareholder vote and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. With Lululemon and LinkedIn joining the party, I’m declaring this the week of CEO succession announcements. Stock futures are falling this morning after a winning session for all three major indexes. Here are five key things investors need to know […]
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How the Iran war is hitting homebuilders
Key Points Homebuilder sentiment dropped sharply in April, according to a monthly index from the National Association of Home Builders. The war with Iran has pushed mortgage rates higher and layered on big increases in costs for materials and transportation due to the spike in oil prices. A slew of building suppliers reported price hikes […]
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Oil exporters scramble for routes beyond Hormuz — but options are constrained
Maps4Media processed and enhanced Sentinal-2 satellite imagery shows a broad view of the Strait of Hormuz between southern Iran and Oman’s Musandam Peninsula, including surrounding islands, coastal terrain, and turquoise shallow-water zones at the entrance to the Persian Gulf. Maps4media | Getty Images News | Getty Images Middle Eastern oil and gas producers are still […]
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‘We are facing the biggest energy security threat in history,’ IEA chief tells CNBC
“We are facing the biggest energy security threat in history,” Fatih Birol, the head of the International Energy Agency (IEA), told CNBC Thursday. “As of today, we’ve lost 13 million barrels per day of oil … and there are major disruptions in vital commodities,” he told Steve Sedgwick virtually at CNBC’s CONVERGE LIVE in Singapore. Birol […]
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CNBC Daily Open: Markets cheer ceasefire — but hostilities continue
A commercial vessel is seen off the coast of Dubai on April 20, 2026. – | Afp | Getty Images Hello, this is Hui Jie writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. A ceasefire, in theory, is supposed to do one thing: stop the hostilities. The version unfolding in […]
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Asia markets open higher as Iran ceasefire extension lifts mood
Kazuhiro Nogi | AFP | Getty Images Asia-Pacific markets opened broadly higher Thursday, tracking U.S. stocks, which rose overnight after President Donald Trump’s extension of the Iran ceasefire helped to buoy investor sentiment, while upbeat earnings reports also lifted sentiment. Trump extended a two-week U.S. ceasefire on Tuesday, saying it was warranted due to Tehran’s “seriously […]
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Step aside Tesla, BYD: Japanese carmakers deepen their hold on India’s auto market with hybrids
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest growing large economy. Indian consumers’ desire to shift away from gasoline-based cars should have been Tesla and BYD’s moment to shine in the world’s third-largest auto market. […]
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