Hormuz blockade could deepen world’s worst energy crisis — and risk a dangerous misstep
The U.S. naval blockade of the Strait of Hormuz threatens to halt more tanker traffic, sending oil surging and risks drawing China into a widening confrontation with Washington.
CNBC Daily Open: Trump lashes out at Iran and the Pope
Failed negotiations with Iran lead U.S. President Trump to announce a blockade of the Strait of Hormuz.
CNBC Daily Open: Trump lashes out at Iran and the Pope
Failed negotiations with Iran lead U.S. President Trump to announce a blockade of the Strait of Hormuz.
From panic to pricing in: Are markets past ‘peak fear and sell-off’ despite oil price surge?
Investors appear to have already priced in much of the geopolitical risks and are growing less reactive to headlines.
European markets close lower as U.S. blockade of Strait of Hormuz begins
European stocks started the new trading week on a somber note as global traders assess developments in the Middle East.
Why pressure is mounting at oil giant BP ahead of its annual general meeting
Oil giant BP is bracing for a possible shareholder revolt at its upcoming annual general meeting.
Dow futures pare losses after Trump announces Strait of Hormuz blockade as talks fail: Live updates
All three major averages are coming off their best week since November on hopes that the conflict will soon come to an end.
Dow futures drop 500 points after Trump announces Strait of Hormuz blockade as talks fail: Live updates
All three major averages are coming off their best week since November on hopes that the conflict will soon come to an end.
CNBC Daily Open: Trump goes from opening the Strait of Hormuz to blockading it
The failed peace talks left investors on edge with little visibility on how the blockade will be implemented, and how long and deep an oil shock needs to be priced in.
Eric Swalwell suspends campaign for California governor amid sexual misconduct allegations
Multiple women have reportedly accused Democratic Rep. Eric Swalwell of sexual misconduct, among them a former staffer who alleges he sexually assaulted her.
