Rosneft Chief Executive Igor Sechin said on Saturday that U.S. energy companies were the main beneficiaries of the closure of the Strait of Hormuz and that Washington was trying to change the fundamental contours of the global energy markets to suit U.S. interests. Iran blockaded the Strait, the main route for about a fifth of … Read more
Watch as Russian President Vladimir Putin responds to this and more at the St Petersburg International Economic Forum (SPIEF), which was moderated by India Today’s Foreign Affairs Editor Geeta Mohan on Friday. Apart from President Putin, Chinese Vice President Han Zheng, Uzbekistan President Shavkat Mirziyoyev and Tanzanian President Samia Suluhu Hassan also participated in the … Read more
Oil prices dropped about 3% Thursday, on a report that President Donald Trump is reluctant to resume full-scare war with Iran despite recent clashes. West Texas Intermediate futures declined 3.1% to close at $93.04 per barrel. Brent futures, the international benchmark, lost 2.8% to settle at $95.03 per barrel. Trump told his aides that the … Read more
President of Finland Alexander Stubb is seen during a joint press conference with Lithuanian President Gitanas Nauseda (not in view) at the Presidential Palace. Sopa Images | Lightrocket | Getty Images HELSINKI, Finland — Finnish President Alexander Stubb has outlined his vision for a much larger European Union, saying the 27-nation bloc needs to “think … Read more
U.S. President Donald Trump speaks during an event in the Oval Office of the White House on June 3, 2026 in Washington, DC. Kevin Dietsch | Getty Images Hello, this is Dylan Butts writing to you from Singapore. Welcome to the latest edition of the Daily Open newsletter. Traders in Asia are evaluating another round … Read more
Rubio said Iran’s nuclear program could be negotiated US Secretary of State Marco Rubio testifies during a Senate Foreign Relations Committee hearing concerning the fiscal year 2027 budget for the State Department, on Capitol Hill in Washington, DC, on June 2, 2026. Brendan Smialowski | AFP | Getty Images Secretary of State Marco Rubio appeared … Read more
OpenAI chief Sam Altman will be attending the G7 conference in France later this month, CNBC has learned, as President Emmanuel Macron steps up efforts to court tech leaders across the globe in support of the country’s AI ambitions. France is hosting 2026’s G7 conference — an annual meeting of heads of state or government … Read more
President Donald Trump takes questions from reporters during a Cabinet meeting in the Cabinet Room of the White House on May 27, 2026 in Washington, DC. Win Mcnamee | Getty Images The Iranian regime has agreed not to have nuclear weapons, President Donald Trump told the New York Post’s “Pod Force One” podcast — but … Read more
APA Corporation’s Beryl Alpha oil platform in the North Sea. Courtesy: APA Corporation Oil prices rose Wednesday as investors weighed uncertainty over U.S.-Iran talks with the two countries launching fresh strikes Tuesday, even as President Donald Trump said negotiations with Tehran were ongoing. West Texas Intermediate futures for July delivery gained over 1.3% to $94.99, … Read more
People watch as the Doris Ocean container ship departs from the Port of Los Angeles on May 28, 2026 in Los Angeles, California. Mario Tama | Getty Images The Office of the U.S. Trade Representative has proposed additional tariffs of up to 12.5% on imports from 60 economies over their failure to ban goods made … Read more