@LCO26M
Strait of Hormuz remains basically closed as Iran seizes ships after Trump ceasefire extension
Ships and tankers in the Strait of Hormuz off the coast of Musandam, Oman, April 18, 2026. Stringer | Reuters Ship traffic through the Strait of Hormuz remained very light on Wednesday, the first day since President Donald Trump extended the ceasefire with Iran. Trump’s decision to unilaterally extend the truce has not opened the […]
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Bessent says ‘many’ U.S. allies have asked for currency swaps amid Iran war turbulence
U.S. Treasury Secretary Scott Bessent arrives to testify during a Senate Committee on Appropriations, Subcommittee on Financial Services and General Government hearing in the Dirksen Senate Office Building on April 22, 2026 in Washington, DC. Chip Somodevilla | Getty Images Treasury Secretary Scott Bessent said on Wednesday that “many” oil-rich U.S. allies in the Persian […]
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Trump administration in advanced talks for Spirit Airlines rescue package, source says
The Trump administration is in advanced talks for a financing package for Spirit Airlines as the carrier is facing the risk of a liquidation, according to a person familiar with the matter. The iconic discounter Spirit has been challenged for years by rising costs, changing consumer tastes, an engine recall and a court-blocked plan to […]
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Ceasefire extension, Best Buy’s new CEO, Amazon’s GLP-1 push and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. With all the volatility in the oil market, I found it helpful to look at this timeline for a reminder of all that’s happened over the last eight weeks. Stock futures are higher this morning. All three major indexes closed […]
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Two ships attacked in Strait of Hormuz, UK says, after U.S. extends Iran ceasefire
USS Abraham Lincoln conducts U.S. blockade operations related to the Strait of Hormuz on April 16, 2026. Handout | Getty Images News | Getty Images Two cargo ships were attacked in the strategically vital Strait of Hormuz, authorities said Wednesday, after the U.S. extended the ceasefire and as diplomats seek to bring the U.S. and […]
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European stocks open higher after Trump extends Iran ceasefire deadline
US President Donald Trump speaks during the NCAA Collegiate National Champions Day event at the White House in Washington, DC, on April 21, 2026. Brendan Smialowski | AFP | Getty Images LONDON — European stocks opened higher on Wednesday as traders assessed the Iran ceasefire extension and the prospect of further peace talks. By 8:50 […]
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CNBC Daily Open: TACO truce and a Pacific warning
A commercial vessel is seen off the coast of Dubai on April 20, 2026. – | Afp | Getty Images Hello, this is Leonie Kidd writing to you from Singapore, where CNBC is holding the second CONVERGE LIVE event in the striking Jewel complex. It will come as no surprise that the extraordinary turnaround from […]
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CEO with over $3 trillion under management tells Gen-Z to think past ‘hobby investing’
Capital Group Chief Executive Mike Gitlin wants Gen-Z investors recoiling from war-driven commodity trades to start thinking long-term, as the asset management industry races to win over a generation with fundamentally different rules of investing. Responding to an audience question at CNBC’s Converge Live conference in Singapore on Wednesday, Gitlin said younger investors should approach […]
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CNBC Daily Open: Trump looks to mitigate tariff, geopolitical blowback
US President Donald Trump speaks in the State Dining Room of the White House in Washington, DC, US, on Tuesday, April 21, 2026. Daniel Heuer | Bloomberg | Getty Images Hello, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. U.S. President Donald Trump has extended the […]
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Oil edge lower as fragile Iran ceasefire extension clouds outlook
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 Oil prices edged lower on Wednesday as uncertainty lingered over the trajectory […]
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