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Smoke rises in Beirut, Lebanon, on March 5, 2026, from an Israeli military attack targeting the southern suburbs. Daniel Card | Getty ImagesAsia-Pacific markets staged a late rebound on Friday after Wall Street fell on concerns over energy supplies. Oil prices breached the $80/barrel milestone overnight, but fell back on Friday. Brent futures fell about 0.3% to $85.14. US West Texas Intermediate posted its biggest single-day gain since May 2020 on Thursday, ending 0.53% lower at $80.58.There was also more uncertainty on the global trade front after New York Attorney General Letitia James and top prosecutors in 23 other states…
New satellite images from several major military bases in the Arabian Peninsula suggest that Iran is seeking to undermine its air defenses by destroying U.S.-made radars that detect incoming missiles and drones. The radar system of an American THAAD missile battery in Jordan appears to have been attacked and destroyed in the first days of the US-Israeli attack on Iran, according to satellite images taken on Monday. According to a CNN analysis, buildings with similar radar systems were also attacked in two locations in the United Arab Emirates, but it is unclear whether the equipment was damaged. Radar is a…
Aston Martin chief Adrian Newey has admitted the team did not realize until late the level of immaturity in Honda’s current engine operations ahead of its full return to F1 this year.Honda ended its previous works partnership with Red Bull at the end of 2021 and returned to F1 full-time this year, but the Japanese manufacturer continued to provide technical support for the power units that led to further world titles and race wins with the Milton Keynes-based team until the end of last year. But Honda’s latest engine design for the start of F1’s new era of regulations -…
Stocks @ Night is a daily newsletter delivered after hours, giving you the first information about tomorrow and the last information about today. Sign up for free to receive it straight to your inbox. As U.S. crude oil futures rise to their highest since 2024, here’s what CNBC TV producers were watching and what they’re eyeing for the next trade. Employment Report February payroll statistics will be presented live at 8:30 a.m. ET on “Squawk Box” with Becky Quick, Andrew Ross Sorkin and Joe Kernen. The Dow Jones Consensus calls for 50,000 jobs. Several experts on CNBC on Thursday mentioned…
explainerTensions in the region have escalated and the conflict has escalated following six days of attacks on Iran by the United States and Israel.listen to this article | 7 minutesinformationPublished March 6, 2026March 6, 2026Click here to share on social mediaShare 2shareplus 2 googleAdd Al Jazeera to GoogleinformationThe war between the United States, Israel, and Iran is entering its seventh day, with attacks continuing in Iran and other countries in the Middle East.Iran continues to launch missile and drone attacks across the Gulf as Washington and Tel Aviv claim that the operation, code-named Operation Epic Fury, is decimating Iranian forces.The…
President Donald Trump said Thursday he needs to be “involved” in appointing Iran’s next leader and will not accept a successor who continues the policies of Ayatollah Khamenei, who was killed in a U.S.-Israeli attack on Saturday. What does Trump mean and how feasible are his expectations? Some analysts say: Is Trump serious? “It’s clear that President Trump is sending a signal to Tehran that he wants to fight until a leader that Tehran accepts emerges,” Arash Azizi, an Iranian-American historian and author who teaches at Yale University, told CNN. “This is not a war over nuclear weapons, this is…
Mercedes and Ferrari also showed strong pace in Melbourne, with McLaren’s Oscar Piastri setting the fastest time in Friday’s two practice sessions for the season-opening Australian Grand Prix. Driving at his home circuit, Piastri finished second practice two tenths clear of Kimi Antonelli, with Italian Mercedes teammate George Russell a further three tenths behind in third place. The timesheets showed Ferrari’s turnaround from the opening session, as Charles Leclerc took a one-two lead from teammate Lewis Hamilton, with the Red Bulls of Max Verstappen and Izak Hajjar finishing behind him. Leclerc had a nearly half-second lead in the first practice,…
Storage tanks are seen at Marathon Petroleum’s Los Angeles refinery, which processes domestic and imported crude oil, in Carson, California, March 11, 2022.Binguan | Reuters What you need to know todayOil prices soared above $80 a barrel on Thursday as the Iran war entered its seventh day and continued to disrupt global fuel supplies. Iranian Foreign Minister Abbas Araghchi said Thursday that his country is “not asking for a ceasefire” with the United States and Israel, while President Donald Trump said his administration would shift its focus to Cuba after the U.S. military operation in Iran ends.In addition to the…
WASHINGTON, DC – NOVEMBER 14: Representative Tony Gonzalez (R-Texas) speaks alongside Representative Marjorie Taylor Greene (R-GA) during a press conference on border security outside the U.S. Capitol on November 14, 2023 in Washington, DC. (Photo by Anna Moneymaker/Getty Images)Anna Moneymaker | Getty Images News | Getty ImagesRep. Tony Gonzalez, R-Texas, said Thursday he will not seek re-election after House Republican leaders called for him to withdraw his candidacy over an alleged affair with a former staffer who later committed suicide.”After deep reflection and with the support of my beloved family, I have decided not to seek re-election, serving the remainder…
This photo, from a page on the Marinetraffic website, shows commercial vessel traffic at the end of the Strait of Hormuz near the Iranian coast on March 4, 2026.Julian De Rosa | AFP | Getty ImagesThe United States on Thursday gave New Delhi a 30-day exemption from buying oil from Moscow, after imposing 25% “penalty” tariffs on India on purchases of Russian oil (rescinded last month) as the Iran war disrupts global supplies.West Texas Intermediate crude oil soared 8.51%, or $6.35, to close at $81.01 per barrel Thursday, its biggest single-day gain since May 2020. Brent crude, the global benchmark,…