CNBC Daily Open: Strait of Hormuz, Ukraine’s attacks in Russia, Greenland
Geopolitics are back in focus, with the U.S. retaliating against Iran after several ships were struck in the Strait of Hormuz, and Ukraine hitting Russia.
Oil surges 5% after Trump says ceasefire with Iran is over
Trump’s comments came after the U.S. launched fresh strikes on Iran in retaliation for attacks on commercial vessels in the Strait of Hormuz.
Wednesday’s big stock stories: What’s likely to move the market in the next trading session
A decline in chip stocks and a spike in oil prices dragged the market down on Tuesday. The Nasdaq lost more than 1%, while the Dow pulled back from 53,000.
Stock futures are little changed as investors weigh Middle East tensions and await Fed minutes: Live updates
Oil prices added to the cautious tone after the U.S. started a “series of powerful strikes” against Iran on Tuesday evening.
Dow slides more than 570 points as oil spikes and Trump threatens another attack on Iran: Live updates
U.S. President Donald Trump told the NATO summit in Turkey that the ceasefire with Iran is “over.”
U.S. conducts strikes on multiple Iranian targets after Hormuz Strait ship attacks, Centcom says
Kuwait accused Iran of fresh attacks after U.S. strikes hit Iranian targets, raising fears over the Strait of Hormuz and oil prices.
Strait of Hormuz threat level raised to ‘severe’ after Iran attacks tankers using U.S. Navy route
Iran’s military has warned it will target ships that do not use a northern route approved by Tehran.
U.S. revokes Iran oil sales authorization after tanker attacks
Treasury had waived sanctions on Iranian oil through Aug. 21 after Washington and Tehran inked an interim deal to reopen Hormuz last month.
Manhattan high-rise is still unstable after columns buckle, forcing evacuations
The Midtown building under construction had bricks tumble into the street during Tuesday’s morning rush hour, forcing buildings to evacuate, officials said.
Trump ally Nigel Farage quits UK parliament amid finance scandal to fight special election
Reform U.K. leader Nigel Farage has quit as MP for Clacton, forcing a by-election that he has said he will fight.
