Oil prices fall 3% on report Trump reluctant to restart Iran war

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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 …

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CNBC Daily Open: Trading the signals vs the noise

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Anthropic co-founder and CEO Dario Amodei speaks on an artificial intelligence panel during Inbound 2025 Powered by HubSpot at Moscone Center on in San Francisco, Sept. 4, 2025. Chance Yeh | Getty Images Entertainment | Getty Images Hello, this is Katie Foley writing to you from London. Welcome to today’s edition of the Daily Open …

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How the ‘double scar’ of past inflation woes and geopolitical shocks amid the Iran war is hitting consumers

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A “double scar” of past inflation woes and geopolitical trauma is warping how consumers view the economy and threatening a drop-off in retail spending, new research from the European Central Bank showed. According to ECB researchers, euro area households have become more sensitive to the financial consequences of the Iran war due to cumulative economic …

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