U.S. President Donald Trump arrives to the commencement ceremony on Cadet Memorial Field at the United States Coast Guard Academy on May 20, 2026 in New London, Connecticut. Chip Somodevilla | Getty Images News | Getty Images Hello, this is Dylan Butts writing to you from Singapore. Welcome to today’s edition of the Daily Open …
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest-growing large economy. The conflict in the Middle East has affected India’s economy, with Prime Minister Narendra Modi urging citizens to curb overseas travel, save fuel — and …
U.S. crude oil prices fell more than 4% Wednesday on a report Iran would restore traffic through the Strait of Hormuz as part of a framework deal with the U.S. West Texas Intermediate futures tumbled 4.6% to $89.55 per barrel by 9:11 a.m. ET. International benchmark Brent oil slid 3.75% to $95.85. Iranian state television …
Luxury properties in the Kensington and Chelsea district of London, U.K. Bloomberg | Bloomberg | Getty Images This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch Jockeying for position in the as-yet-unlaunched contest to lead Britain’s governing Labour Party, Wes Streeting, the former health secretary, has promised a …
An Iranian flag flutters in the wind as ships remain anchored on May 16, 2026 in the Strait of Hormuz near Larak Island, Iran. Majid Saeedi | Getty Images News | Getty Images LONDON — European stocks are expected to open in mixed territory on Wednesday as regional investors assess the latest military operations against …
Piper Sandler isn’t buying the talk that an Iran deal is nearing, telling clients that the Strait of Hormuz will largely stay closed and oil will hit new highs. “We think the Strait of Hormuz remains largely closed for months yet, meaning shortages become more urgent and oil hits new highs this Summer,” according to …
A drone view shows the Valero Houston Refinery in Pasadena outside of Houston, Texas, U.S., May 12, 2026. REUTERS/Shahrzad Rasekh Shahrzad Rasekh | Reuters Oil prices were mixed Tuesday as U.S. military operations in southern Iran and President Donald Trump’s mixed messaging on the negotiations between Tehran and Washington kept traders on edge. July futures …
An Iranian flag flutters in the wind as ships remain anchored on May 16, 2026 in the Strait of Hormuz near Larak Island, Iran. Majid Saeedi | Getty Images News | Getty Images U.S. forces have conducted “self defense” strikes in southern Iran early Tuesday, with U.S. Central Command saying that this was to “protect …
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. Now that the Trump-Xi summit has helped keep tariffs in check, Chinese companies and U.S. representatives alike are making the most of an extended …
Israel’s Prime Minister Benjamin Netanyahu, U.S. President Donald Trump and United Arab Emirates (UAE) Foreign Minister Abdullah bin Zayed display their copies of signed agreements as they participate in the signing ceremony of the Abraham Accords, normalizing relations between Israel and some of its Middle East neighbors, in a strategic realignment of Middle Eastern countries …