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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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Trump faces calls for removal over threats to wipe out ‘whole civilization’ in Iran
U.S. Rep. Alexandria Ocasio-Cortez, D-N.Y., speaks to the media outside the U.S. Capitol after the House of Representatives voted to pass President Donald Trump’s sweeping spending and tax bill, in Washington, July 3, 2025. Ken Cedeno | Reuters The reticence expressed by Democrats about removing President Donald Trump from office — even after he ousted […]
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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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Trump suspends Iran attack for two weeks, subject to Hormuz Strait opening
President Donald Trump pauses as he finishes speaking about the Iran war from the Cross Hall of the White House on Wednesday, April 1, 2026, in Washington. Alex Brandon | Getty Images President Donald Trump on Tuesday said he agreed to suspend planned attacks on Iranian infrastructure for two weeks. The move was “subject to […]
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Dow futures jump 700 points, oil tumbles after Trump suspends Iran attacks for two weeks: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York City on April 7, 2026. Charly Triballeau | Afp | Getty Images U.S. stock futures jumped after President Donald Trump said he was suspending Iran attacks for two weeks just ahead of his 8 p.m. ET […]
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AWS teams working around the clock to keep Middle East services up after drone strikes, CEO says
The Iran war poses ongoing challenges for cloud provider Amazon Web Services, its chief, Matt Garman, said on Tuesday. The Amazon division said in early March that drone strikes had damaged its data centers in Bahrain and the United Arab Emirates. “It’s a really difficult situation, and we’re working incredibly hard,” Garman told CNBC’s Kate […]
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Jet fuel supply concerns grow as war on Iran drags on, airlines cut flights
A Lufthansa passenger aircraft is parked at a gate while a SASCA fuel truck services it on the apron at Toulouse Blagnac Airport in Blagnac in Occitanie in France on March 15, 2026. Isabelle Souriment | AFP | Getty Images The surging price of jet fuel isn’t the airline industry’s only problem. Now, it’s whether […]
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Trump warns Iran’s ‘whole civilization will die tonight’ unless deal struck
U.S. President Donald Trump speaks 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 President Donald Trump on Tuesday sharply ramped up his threats against Iran, warning “a whole civilization will die tonight” unless the country’s leadership […]
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Danone CEO flags price uncertainty as Iran war escalates: ‘Nobody knows’ how conflict will play out
A woman shops for prepared food at Eataly March 19, 2026 in the Manhattan borough of New York City. Robert Nickelsberg | Getty Images Danone’s CEO told CNBC that inflationary pressures from the Iran war may force the company to consider price hikes as the outlook for conflict in the Middle East remains highly uncertain. […]
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