World economy
Asia markets set to open higher as hopes for a U.S.-Iran deal rise and oil prices drop
The West Texas Intermediate was down 2.39% at $88.94 per barrel as of 7:40 p.m. ET. Brent crude fell over 4% to settle at $94.79 per barrel on Tuesday. Source
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European markets set to rise on hopes that Iran peace talks can resume
Traders work on the floor of the New York Stock Exchange during morning trading on April 13, 2026 in New York City. Michael M. Santiago | Getty Images LONDON — European stocks are expected to open higher on Tuesday amid hopes that U.S.-Iran peace talks could resume despite a blockade on Iranian ports coming into […]
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Asia markets open higher amid hopes of a U.S.-Iran deal; China trade data in focus
A cargo ship is loading and unloading foreign trade containers at Qingdao Port in Qingdao City, Shandong Province, China on July 28, 2025. CFOTO | Future Publishing | Getty Images Asia-Pacific markets opened higher Tuesday, amid hopes that a deal between Washington and Tehran was still possible even as the U.S. blockades Iranian shipments in […]
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CNBC’s The China Connection newsletter: China’s AI glasses have something Meta doesn’t
Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a succinct snapshot of what I’m seeing and hearing from local businesses. Today, I talk to a smart glasses exec about why price-conscious Chinese consumers are paying $100 more for AI frames. What’s his strategy for […]
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European markets open the week lower and travel stocks plunge as Iran peace hopes fade
A view of the vessels passing through Strait of Hormuz following the two-week temporary ceasefire reached between the United States and Iran on the condition that the strait be reopened, seen in Oman on April 8, 2026. Shadi J. H. Alassar | Anadolu | Getty Images LONDON — European stocks started the new trading week […]
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Hormuz blockade could deepen world’s worst energy crisis — and risk a dangerous misstep
Lightning occurs when META 4, an Oil Products Tanker, sails into Muscat Anchorage on March 21, 2026 at Sultan Qaboos Port in Muscat, Oman. Elke Scholiers | Getty Images President Donald Trump ordered a naval blockade of the Strait of Hormuz on Sunday, dimming hopes for a quick end to the conflict in the Middle […]
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From panic to pricing in: Are markets past ‘peak fear and sell-off’ despite oil price surge?
Traders work on the floor of the New York Stock Exchange during morning trading on April 08, 2026 in New York City. Michael M. Santiago | Getty Images The U.S. move to blockade the critical Strait of Hormuz has led to a familiar market response: surging crude prices, rising bond yields and a firmer dollar. […]
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Asia markets set for mixed open as oil surges after U.S. moves to blockade Iran ports
Debris of a NATO air defence system that intercepted a missile launched from Iran is seen in Dortyol, in southern Hatay province, Turkey, March 4, 2026 in this screengrab from video. Ihlas News Agency | Via Reuters Asia-Pacific markets were set to open mixed Monday, as investors weigh a U.S. naval blockade on Iran’s ports […]
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What this real-world oil price says about the level of stress in the energy market
A general view of Navigator Terminals, an Oil storage depot along the River Thames on March 10, 2026 in London, England. Dan Kitwood | Getty Images News | Getty Images The fluctuating price of dated Brent, the global benchmark for real-world barrels of crude, has prompted energy analysts warn to that acute stress in the […]
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From war to weather: A ‘super El Niño’ event poses fresh risks to global food costs
A batch of exported urea fertilizers is being concentrated at the port for shipment at Yantai Port in Shandong Province, China on March 26, 2026. Cfoto | Future Publishing | Getty Images An unusually powerful El Niño later this year could exacerbate food security fears as disruption caused by the Iran war strains supply for […]
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