CNBC Daily Open: Markets recover as Trump hints Iran war is nearing its end
U.S. key benchmarks closed in the green after Trump signaled a near end to the Iran war.
Strait of Hormuz will partially reopen in 2-3 weeks: David Roche
Quantum Strategy’ David Roche says he expects oil reserves can sufficiently support world demand, and that the ‘world won’t run out of oil’. He also explains why he believes Iran can’t afford to escalate the war further, and therefore will not engage m…
10-year Treasury yield is little changed as oil tumbles after Trump warns Iran over Hormuz flows
The 10-year Treasury yield was flat as oil prices tumbled after Trump warned that Iran would be hit harder if it tried to halt Strait of Hormuz shipments.
Iran war threatens catastrophic consequences for the oil market, Aramco CEO says
Saudi Aramco beats profit estimates and keeps $85 billion payouts as oil prices surge again.
European stocks jump 2% as sliding oil prices buoy sentiment
European equities rebounded on Tuesday as traders continued to watch developments in the Middle East.
Copper shortage looms as tariff fears, mine disruptions fuel tightness
“It’s like an artificial tightness right now in the markets because you have all this material in the U.S., but not enough outside,” a strategist told CNBC.
South Korea opposed to U.S. moving air defense systems in the country to Middle East: President Lee
Lee maintained that even if the assets were moved out of the country, its deterrence capability against North Korea will not be affected.
Nvidia plans open-source AI agent platform ‘NemoClaw’ for enterprises: Wired
Nvidia is planning to lean into the agentic AI craze and launch an open-source platform for AI agents called ‘NemoClaw,’ according to a report.
China exports sharply beat expectations as trade surplus in the first two months surges to highest on record
China typically combines January and February trade data to smooth distortions from the shifting Lunar New Year holiday.
Oil retreats even after Energy Secretary wrongly claims Navy escorted tanker through Strait of Hormuz
The International Energy Agency will hold an extraordinary meeting on Tuesday to discuss a possible release of emergency stockpiles.
