Iran oil shock stirs memories of 1997 Asian Financial Crisis — but here’s why history may not repeat itself
The Hormuz disruption is hammering Asian economies with surging energy costs and weakening currencies, but a repeat of the crisis three decades ago is unlikely.
CNBC Daily Open: Markets love a ceasefire — but can it last?
The Iran-U.S. ceasefire has lifted markets, but some cracks are already showing in the ‘fragile truce.’
Inside India newsletter: Tariffs and Iran war threaten India’s $100 billion garments export goal
U.S. tariffs and the Iran war have battered India’s garment industry, raising costs, hitting exports, and dashing hopes of a recovery.
Asia-Pacific markets decline as investors assess fragile Iran-U.S. ceasefire deal
Iran’s parliamentary speaker charged the U.S. of breaching the terms of the two-week ceasefire agreement.
Brent oil spot price above $120 in sign that Iran ceasefire can’t solve deep disruption
The Brent spot price reflects the reality of tight supplies on land and sea, analysts say.
Anthropic loses appeals court bid to temporarily block Pentagon blacklisting
A federal appeals on denied Anthropic’s request for a stay in its lawsuit against the Department of Defense.
Stocks extend relief rally on hopes that U.S.-Iran ceasefire will stick, Dow turns positive for 2026
Stocks rose for a second day on Thursday, even as oil prices gained.
U.S. has violated ceasefire agreement, Iran parliamentary speaker says
The two-week ceasefire agreement between the U.S. and Iran appeared at risk of unraveling less than a day after it was announced.
Fed officials still foresee rate cut this year, despite war impacts, minutes show
Policymakers said they would need to remain “nimble” as they weighed the impact the war had on inflation.
Latest investigation into bitcoin founder ties identity to Blockstream CEO Adam Back
A report by The New York Times says it has discovered the identity of the pseudonymous creator of bitcoin known as Satoshi Nakamoto.
