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Traders work on the floor of the New York Stock Exchange. new york stock exchange What you need to know todayOil prices rose slightly after plunging more than 11% on Tuesday as traders expected countries to draw on emergency oil reserves to ease disruption from Middle East wars. The plunge came despite aggressive rhetoric from US President Donald Trump and Secretary of Defense Pete Hegseth about attacks on Iran, with Hegseth saying Tuesday “will be the day of the most intense attacks.” U.S. crude oil and Brent crude fell more than 17% after U.S. Energy Secretary Chris Wright falsely claimed…
listen to this article | 4 minutesinformationFIFA President Gianni Infantino said Iran’s participation in the World Cup would be welcomed by US President Donald Trump, who he said met to discuss the upcoming tournament amid ongoing wars in the Middle East.Infantino said Wednesday that Trump “reiterated that he welcomes the Iranian team” to the tournament, which will be co-hosted by the United States, Mexico and Canada in June and July.Infantino, head of the international soccer governing body, wrote on Instagram that during a meeting to discuss preparations for the tournament, “we also discussed the current situation in Iran.””During the talks,…
British sport will hold its first major player auction this week, with many cricketers under scrutiny ahead of the 2026 edition of The Hundred in the summer.The women’s auction will take place on Wednesday, with the men’s auction 24 hours later. Both can be watched live on Sky Sports Cricket from 10am. The players hope to buy it at Piccadilly Lights in London. Live streams will be available at the top of this page and on the Sky Sports Cricket YouTube channel on Wednesdays and Thursdays. Why is there a player auction?The change from the draft system came after significant…
Iranian leaders have long believed that time was on their side.After the United States withdrew from the 2015 nuclear deal known as the Joint Comprehensive Plan of Action (JCPOA), the Iranian government effectively adopted an approach that later became known as “strategic patience.” Rather than strike back immediately, Iran chose to endure economic pressure and wait to see if diplomacy would be revived.The logic behind this strategy was simple. Eventually, the US government will realize that a confrontation with Iran is against its interests.Today, that assumption remains shattered.The collapse of diplomacy and the outbreak of war forced Iran’s leadership to…
US Treasury yields rose on Wednesday as investors awaited the February inflation report and monitored developments in the US-Iran war.At 3:54 a.m. ET, the benchmark 10-year Treasury yield rose more than 2 basis points to 4.159%. The 30-year government bond also rose more than 2 basis points to 4.797%. The yield on two-year government bonds also rose 2 basis points to 3.59%.One basis point equals 0.01%, and yields and prices move in opposite directions.The February Consumer Price Index report is scheduled for release Wednesday morning, and investors will analyze it for clues about the health of the U.S. economy. Economists…
Newly released documents from the late disgraced financier and sex offender Jeffrey Epstein, including a bunch of completely redacted pages, are seen in a handout released by the Justice Department and printed and organized for photos by Reuters in Washington, Dec. 19, 2025.Jonathan Ernst | ReutersA bipartisan group of senators on Wednesday called on the Government Accountability Office to investigate the Justice Department’s release and editing of documents related to disgraced sex offender Jeffrey Epstein.The letter, signed by Sens. Dick Durbin (Ill.), Ben Ray Lujan (D), Jeff Merkley (D-Ore.), and Lisa Murkowski (R-Alaska), alleges the Justice Department failed to follow…
Only Tottenham could turn a free strike conceded by hapless manager Igor Tudor into one of the most embarrassing nights in the club’s history. It was a particularly incompetent first half in a season that could have seen Spurs eliminated from the Premier League.The injuries he inflicted on himself were unusual. It was such a humiliating performance that it was impossible to prevent the fact that Tudor’s side had beaten Atletico Madrid into their minds in the last hour or so of the game at the Estadio Metropolitano. The three-goal defeat against Atlético is hardly the shock of the season.…
A family sits with a shipyard in the background off the coast of Fujairah, a coastal city in the Strait of Hormuz in the northern emirate on February 25, 2026.Giuseppe Cacasse | AFP | Getty ImagesOil prices rose early Wednesday morning despite reports that a historic release of emergency reserves would take place by the International Energy Agency. Until 5:23 a.m. ET, Global Benchmarks brent crude oil Futures rose 4.1% to $91.41 per barrel. usa crude oil It rose 4.6% to trade at $87.28 per barrel.Stock chart iconStock chart iconcrude oil priceOn Tuesday, G7 energy ministers met in Paris to…
Missile debris that Iranian authorities say they recovered from the deadly attack on an elementary school in southern Iran on February 28 appears to be from a US Tomahawk cruise missile, according to a CNN analysis. Four photos of the debris were shared on Iranian state broadcaster IRIB’s Telegram with a caption saying they were the remains of the attack on Shajare Tayba school in Minab, which state media said killed at least 168 children and 14 teachers. It was not possible to confirm whether the photo fragments on a table in front of the abandoned school building came from…
Iranian and Russian naval forces simulate a hijacked ship rescue during a joint naval exercise at Bandar Abbas Port near the Strait of Hormuz in Hormozgan, Iran, February 19, 2026.Anadolu | Anadolu | Getty ImagesBritain’s Maritime Trade Services Agency said on Wednesday that three ships off the coast of Iran had been attacked by projectiles, the latest in a series of incidents reported in or near the Strait of Hormuz. One of the vessels was collided in the Strait of Hormuz, 11 nautical miles north of Oman, causing a fire on board and forcing the evacuation of the crew, UKMTO…