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Russia’s Sechin says U.S. companies benefit from the closure of the Strait of Hormuz

Russia’s Sechin says U.S. companies benefit from the closure of the Strait of Hormuz

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

Novo Nordisk rolls out Wegovy pill in the UAE — its first market outside the U.S.

Novo Nordisk rolls out Wegovy pill in the UAE — its first market outside the U.S.

Novo Nordisk is launching its weight loss pill Wegovy in the United Arab Emirates, the Danish drugmaker said Wednesday, marking its first launch outside the U.S. market. Novo’s approach will be guided by patient demand, the readiness of healthcare professionals, and the strength of healthcare and telehealth infrastructure, said Emil Kongshøj Larsen, executive vice president, … Read more

CNBC Daily Open: Trading the signals vs the noise

CNBC Daily Open: Trading the signals vs the noise

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 … Read more

CNBC Daily Open: The ‘outwaiting’ game hampers Iran peace talks

CNBC Daily Open: The ‘outwaiting’ game hampers Iran peace talks

U.S. President Donald Trump (C-L) speaks during a Cabinet meeting in the Cabinet Room of the White House on May 27, 2026 in Washington, DC. Win McNamee | Getty Images Hello, this is Leonie Kidd writing to you from London. Welcome to today’s edition of the Daily Open newsletter. In some ways, we end the … Read more

Trump links Abraham Accords to Iran deal

Trump links Abraham Accords to Iran deal

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 … Read more

The Middle East war is testing the Gulf’s ambitions to become an AI hub

The Middle East war is testing the Gulf’s ambitions to become an AI hub

This photo taken on April 3, 2026 shows an exterior view of the U.S. Oracle tech corporation in Dubai, the United Arab Emirates. Iran’s Islamic Revolution Guard Corps IRGC said Thursday that it had hit a data center of the U.S. Oracle tech corporation based in Dubai, the United Arab Emirates. (Photo by Wen Xinnian/Xinhua … Read more

Oil prices fall after Trump delays planned Iran strike, easing supply disruption fears

Oil prices fall after Trump delays planned Iran strike, easing supply disruption fears

APA Corporation’s Beryl Alpha oil platform in the North Sea. Courtesy: APA Corporation Oil prices fell Tuesday after U.S. President Donald Trump said he would postpone a planned military strike on Iran following requests from key Middle Eastern leaders, easing fears of an imminent escalation that could disrupt global crude supplies.  International benchmark Brent crude futures for … Read more

Asia markets open broadly higher as oil eases after Trump delays planned Iran strike

Oil prices fall after Trump delays planned Iran strike, easing supply disruption fears

Pedestrians stand in front of an electronic quotation board displaying the Nikkei Stock Average on the Tokyo Stock Exchange along a street in Tokyo on March 23, 2026. Kazuhiro Nogi | Afp | Getty Images Asia-Pacific markets opened broadly higher Tuesday as oil prices, while elevated, eased slightly following news that President Donald Trump was postponing a … Read more

Abu Dhabi says drone strike caused fire at nuclear power plant, no injuries or safety impacted

Abu Dhabi says drone strike caused fire at nuclear power plant, no injuries or safety impacted

A picture taken on August 10, 2017 shows the sign and logo of the UAE’s Federal Authority for Nuclear Regulation (FANR) at its premises in the capital Abu Dhabi. / AFP PHOTO / KARIM SAHIB (Photo credit should read KARIM SAHIB/AFP via Getty Images) Afp Contributor | Afp | Getty Images Authorities in Abu Dhabi … Read more

Drone strike causes fire outside nuclear power plant in Abu Dhabi

Drone strike causes fire outside nuclear power plant in Abu Dhabi

<!–[if IE 9]><![endif]–><!–[if IE 9]><![endif]–> This undated photograph released by the United Arab Emirates’ state-run WAM news agency shows the under-construction Barakah nuclear power plant in Abu Dhabi’s Western desert. | Photo Credit: Emirates News Agency via AP A drone strike caused a fire outside a nuclear power plant in Abu Dhabi on Sunday (May … Read more

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