Author: Editor-In-Chief
The United States has negotiated a fragile ceasefire that would allow the Strait of Hormuz to reopen, but Asian allies dependent on the waterway are already being forced to rely on other countries for energy security, which is in the interest of America’s greatest adversary. After the first airstrikes by the US and Israel in February, Iran effectively closed off the Strait of Hormuz, through which a fifth of the world’s oil flows. Allies in Europe and Asia were not informed of the war in advance and were not asked to participate from the beginning. Nevertheless, as oil prices soar,…
Arne Slott has insisted he feels “full support” from both the club and the fan base, despite the increased pressure on Liverpool’s head coach.Liverpool have suffered three consecutive defeats, including a 2-0 loss to Paris Saint-Germain in the Champions League quarter-final first leg and a 4-0 defeat to Manchester City in the FA Cup, adding to their dismal run of just two wins in their last eight games. The pressure is mounting on Slott ahead of their match against Fulham on Saturday Night Football, but the Liverpool manager reiterated that he feels nothing but the hierarchy at the club and…
A man buys butter at a supermarket in Houston, Texas, on March 17, 2026. Ronaldo Shemit | AFP | Getty ImagesConsumer prices soared in March as the Iran war drove up energy costs and pushed the Federal Reserve further from its inflation target, according to a report from the Bureau of Labor Statistics on Friday. However, underlying inflation was relatively benign.The consumer price index rose a seasonally adjusted 0.9% in the month, bringing annual inflation to 3.3%, driven by a 10.9% rise in energy costs. Both numbers were in line with the Dow Jones consensus. This is the highest annual…
A panoramic view of the Navigator Terminal, an oil storage base along the River Thames in London, England, on March 10, 2026.Dan Kitwood | Getty Images News | Getty ImagesVolatility in the price of dated Brent, the global benchmark for real-world oil barrels, has led energy analysts to warn that deep stress in the physical oil market shows little sign of easing amid concerns over a fragile ceasefire in the Middle East.As energy market participants continue to monitor disruptions to shipping through the strategically important Strait of Hormuz, an unprecedented gap has emerged between the Brent Strait and the Strait…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Friday. Do you have a letter you were thinking of sending? You might as well get it in the mail sooner rather than later. The U.S. Postal Service is considering raising rates as it experiences what it calls a “severe financial crisis.”Stock futures were little changed this morning after adding to post-ceasefire gains in yesterday’s trading.Here are five important things investors need to know to start their trading day.1. The complex issue of a ceasefireA ship is seen passing through the Strait of Hormuz in…
US President Donald Trump’s disdain for NATO allies dates back to before he first took office. U.S. leaders have long kept the alliance under stress, from anger over relatively low defense spending to recent threats to take over Greenland, a territory from fellow NATO member Denmark.But analysts say President Trump’s decision by NATO allies not to join the war against Iran has deepened the rift to an invisible level. President Trump this week said the lack of support from both countries was a “stain that will never go away” on the alliance. German Chancellor Friedrich Merz was even more blunt…
Russian President Vladimir Putin has declared a 32-hour ceasefire with Ukraine ahead of the Orthodox Easter holiday, following an offer from his Ukrainian counterpart Volodymyr Zelensky to suspend fighting. President Putin’s decree ordered the Russian military to observe a ceasefire from 4pm Saturday (9am ET) until the end of Sunday. The Kremlin’s statement announcing the ceasefire said that Russian forces were “ordered to cease combat operations on all fronts during this period. The armed forces are ready to repel any provocations or aggressive actions on the part of the enemy.” “We are proceeding on the assumption that the Ukrainian side…
This aerial photo shows the outskirts of the Yanbu factory before the 12th stage from Yanbu to Yanbu, Saudi Arabia, on January 19, 2024.Patrick Herzog | AFP | Getty Images Hello, my name is Leonie Kidd and I’m from London. Welcome to another edition of CNBC’s Daily Open.A lot has changed over the past week, but investors are still not convinced that the ceasefire over Iran can hold. Although oil prices remain below $100 a barrel and stock price volatility has stabilized, a number of upcoming economic data releases and the start of earnings season could signal that the economic…
Lee este artículo en español Nearly 50 percent of Latin America’s population will experience a presidential election this year, and U.S. President Donald Trump is poised to influence any campaign in some way based on his record in the region. The election campaign across Latin America – voting has begun in Costa Rica and will continue in Peru this weekend – is already marked by security concerns and political instability, as well as Trump’s growing assertiveness. President Trump, entering his second term, has sought to expand the White House’s influence in the region. He has pressured some Central American countries…
Our football betting expert Jones Knows offers his insight across the weekend action and tips up a 50/1 best bet treble.West Ham vs Wolves, Friday 8pm, live on Sky Sports Let’s get straight to one of the best bets of the weekend: Yerson Mosquera to be carded at 9/4 with Sky Bet. Now, this is all about the potential duel with Adama Traore. If Traore starts and gets a run directly at Mosquera, the alarm bells should already be ringing for the defender. Under Nuno Espirito Santo, Traore has been an absolute magnet for drawing cards. He’s drawn 45 bookings…