@LCO26Q
Oil continues to rise, the Federal Reserve, Nvidia’s big week and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Monday. CNBC’s Brian Sullivan sat down with Treasury Secretary Scott Bessent this morning in Paris, where Bessent just met with his Chinese counterpart. The Cabinet secretary said that “logistics” could delay Trump’s planned trip to China later this month. Stock futures […]
Read More
Dubai International Airport resumes ‘limited’ flights after drone attack
TOPSHOT – A smoke plume rises from an ongoing fire at Dubai International Airport in Dubai on March 16, 2026. Flights were gradually resuming at Dubai airport on March 16, previously the world’s busiest for international flights, the airport operator said, after a “drone-related incident” sparked a fuel tank fire nearby, as Iran kept up […]
Read More
‘We will remember’: Trump warns countries to help secure Strait of Hormuz as shipping stalls
U.S. President Donald Trump speaks to members of the media before boarding Air Force One for travel to Florida, at Joint Base Andrews, Maryland, U.S., March 13, 2026. Kevin Lamarque | Reuters U.S. President Donald Trump said Sunday that other countries should help the U.S. secure the Strait of Hormuz, arguing the key shipping route […]
Read More
UAE’s Fujairah oil trading hub targeted by a drone attack, causing large fire
A drone attack at the United Arab Emirates’ key oil trading hub of Fujairah triggered a large fire, authorities said on Monday, with no injuries reported. “Civil Defense teams in the Emirate immediately responded to the incident and are continuing their efforts to control it,” Fujairah Media Office said on social media, according to a […]
Read More
Government bonds are having their safe haven status tested as the Iran war drags on. Here’s why
Global markets have been turbulent since the first U.S. and Israeli strikes on Iran at the end of February, as soaring oil prices have weighed on equities and even so-called “safe haven” have been dragged into the volatility. Government bonds, which are often used to hedge portfolios against riskier assets like stocks, have been no […]
Read More
Op-ed: Why my interview with Russia’s ambassador to the U.K. reflected a stark global picture
“A riddle, wrapped in a mystery, inside an enigma.” That was how Winston Churchill famously described Russia (the Soviet Union as it then was), back in 1939. To this day, I can’t think of a better way to describe the complications when trying to decipher Russia, its leadership and its motives. A conundrum reinforced to […]
Read More
Ships stranded at Hormuz, energy crunch at home: How India’s U.S.-Israel tilt is testing ties with Iran
Indian Prime Minister Narendra Modi, The United Arab Emirates’ President Sheikh Mohamed bin Zayed Al Nahyan and Iran’s President Masoud Pezeshkian attend a family photo during the BRICS summit in Kazan on October 23, 2024. Maxim Shipenkov | Afp | Getty Images While millions of barrels of oil flow to China via the Strait of […]
Read More
CNBC Daily Open: Strait talk from Trump
U.S. President Donald Trump speaks to the media before boarding Air Force One on March 13, 2026 at Joint Base Andrews, Maryland. Nathan Howard | Getty Images Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily Open. A lot of developments to digest from the war in […]
Read More
European markets set to start the week higher but oil prices remain in focus
Oil prices headed for weekly gains as of Friday, despite the U.S. issuing a 30-day license for countries to buy Russian oil and petroleum products at sea. Bloomberg Creative Photos | Bloomberg Creative Photos | Getty Images LONDON — European stocks are expected to start the new trading week in positive territory despite the ongoing […]
Read More
China talks up oil sufficiency as Trump seeks Beijing’s help on securing Hormuz energy route
An oil tanker unloads crude oil at a terminal at the port in Qingdao, in China’s eastern Shandong province on March 11, 2026. – | Afp | Getty Images BEIJING — China on Monday stressed that it had enough energy resources as the Iran war restricts oil flows through the Strait of Hormuz, and U.S. […]
Read More