IEA agrees to release record 400 million barrels of oil to address Iran war supply disruption
The move comes as the Iran war continues to choke off traffic through the strategically vital Strait of Hormuz.
Oracle stock spikes 9% as strong Q3 earnings answer Wall Street AI build-out concerns
Oracle CEO Clayton Magouyrk said on an earnings call the company’s model of having customers provide data chips for new data center builds is working.
Consumer prices rose 2.4% annually in February, as expected
The consumer price index in February was expected to show a 2.4% increase from a year ago, according to the Dow Jones consensus.
Five things to know about Iran’s new supreme leader, Mojtaba Khamenei
“The Iranians are showing defiance by choosing the son of Khamenei,” a former diplomat told CNBC.
Five things to know about Iran’s new supreme leader, Mojtaba Khamenei
“The Iranians are showing defiance by choosing the son of Khamenei,” a former diplomat told CNBC.
Return to Russian energy would be ‘strategic blunder,’ EU says — but Moscow smells blood
Russian President Vladimir Putin said Moscow is considering stopping all fuel exports to Europe as the bloc seeks to mitigate energy supply crisis.
Return to Russian energy would be ‘strategic blunder,’ EU says — but Moscow smells blood
Russian President Vladimir Putin said Moscow is considering stopping all fuel exports to Europe as the bloc seeks to mitigate energy supply crisis.
How the Iran war could impact hyperscalers’ massive AI buildout in the Middle East
Tech companies have funnelled billions of dollars into Middle East AI projects — the Iran war means questions will be asked about future investments
How the Iran war could impact hyperscalers’ massive AI buildout in the Middle East
Tech companies have funnelled billions of dollars into Middle East AI projects — the Iran war means questions will be asked about future investments
Deutsche says these two sectors could benefit from larger German fiscal spending
Cyclicals and software stocks are poised to benefit from Germany’s increased fiscal outlay after recent falls, according to analysts at Deutsche Bank.
