Scott Bessent

U.S. allows temporary purchases of Russian oil already at sea to stabilize energy markets
World

U.S. allows temporary purchases of Russian oil already at sea to stabilize energy markets

Russian supertanker Astro Lupus waits to unload its cargo of the first direct shipment of Russian crude oil on July 3, 2002 in the Gulf of Mexico. Pool | Afp | Getty Images The U.S. on Thursday temporarily authorized the purchase of Russian oil stranded at sea to stabilize energy markets. U.S. Treasury Secretary Scott […]

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Stock futures are flat ahead of key inflation data; traders monitor oil prices and Iran war: Live updates
World

Stock futures are flat ahead of key inflation data; traders monitor oil prices and Iran war: Live updates

Traders prepare as sales of MDA Space Ltd begin at the New York Stock Exchange during morning trading on March 12, 2026 in New York City. Michael M. Santiago | Getty Images News | Getty Images Stock futures were little changed on Thursday night as investors await key U.S. inflation data. The report comes as […]

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Iran War: U.S. Navy will escort vessels through Strait of Hormuz as soon as ‘militarily possible,’ Bessent tells Sky News
World

Iran War: U.S. Navy will escort vessels through Strait of Hormuz as soon as ‘militarily possible,’ Bessent tells Sky News

The U.S. Navy will begin escorting ships through the Strait of Hormuz as soon as “militarily possible,” Treasury Secretary Scott Bessent told Sky News on Thursday. “That was always in our planning, that there’s the chance that the U.S. Navy or perhaps an international coalition will be escorting oil tankers through,” Bessent said in that […]

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China’s nudge, a U.S. permission, an Iranian rapprochement — India’s balancing act on an economic thread
Politics

China’s nudge, a U.S. permission, an Iranian rapprochement — India’s balancing act on an economic thread

Indian social and women’s rights activist, educationist, Syeda Saiyidain Hameed during the Iran Embassy opens condolence book on the martyrdom of Iran’s Supreme Leader Ali Khamenei at the Embassy of the Islamic Republic of Iran, on March 5, 2026 in New Delhi, India. Hindustan Times | Hindustan Times | Getty Images India faces a difficult […]

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Congressional Democrats demand reversal of Russian oil sales into India as energy prices soar
Politics

Congressional Democrats demand reversal of Russian oil sales into India as energy prices soar

U.S. Sen. Ruben Gallego (D–AZ) speaks during the “People’s State of the Union” event ahead of U.S. President Trump’s State of the Union address in Washington, D.C., U.S., Feb. 24, 2026. Elizabeth Frantz | Reuters Congressional Democrats are demanding that the Trump administration immediately reverse a sanctions waiver allowing Indian refiners to purchase Russian oil […]

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Global week ahead: Diplomacy in ruins as G7 meets on Iran
World

Global week ahead: Diplomacy in ruins as G7 meets on Iran

The flags of Canada, France, Germany, Italy, Japan, the United Kingdom, the United States, and the European Union ahead of the Group of Seven (G-7) Leaders’ Summit in Banff, Alberta, Canada, on Saturday, June 14, 2025. Bloomberg | Bloomberg | Getty Images The war in Iran will present the G7 countries with one of the […]

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China says ‘thorough preparations’ needed as Trump-Xi meeting hangs in the balance amid Iran war
World

China says ‘thorough preparations’ needed as Trump-Xi meeting hangs in the balance amid Iran war

Chinese Foreign Minister Wang Yi attends a press conference on China’s foreign policy and external relations on the sidelines of the fourth session of the 14th National People’s Congress (NPC) on March 8, 2026 in Beijing, China. Vcg | Visual China Group | Getty Images BEIJING — China’s top diplomat Wang Yi underscored Sunday the […]

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How Iran and Venezuela strikes transform the Trump-Xi trade talks
Politics

How Iran and Venezuela strikes transform the Trump-Xi trade talks

TOPSHOT – US President Donald Trump (L) and China’s President Xi Jinping arrive for talks at the Gimhae Air Base, located next to the Gimhae International Airport in Busan on October 30, 2025. Donald Trump and Chinese leader Xi Jinping will seek a truce in their bruising trade war on October 30, with the US […]

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Broadcom earnings, AI’s PR problem, Musk takes the stand and more in Morning Squawk
Technology

Broadcom earnings, AI’s PR problem, Musk takes the stand and more in Morning Squawk

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. If you’re concerned about automation impacting your job, I’m sorry to say this story Xiaomi’s humanoid robot “interns” probably won’t ease those worries. Stock futures are lower this morning. The three major indexes are coming off a winning day. Here […]

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CNBC Daily Open: Tremors spread globally as Middle East conflict rages on
World

CNBC Daily Open: Tremors spread globally as Middle East conflict rages on

In this handout released by the U.S. Navy, aircraft are staged for flight operations on the flight deck of the Nimitz-class aircraft carrier USS Abraham Lincoln (CVN 72) in support of Operation Epic Fury on March 2, 2026 at sea. U.S. Navy | Getty Images What you need to know today A vote to force […]

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