Hot liquid metal flows from a blast furnace during the smelting process at the Evraz Consolidated West-Siberian Metallurgical Plant in Novokuznetsk, Russia, on July 22, 2020. Bloomberg | Bloomberg | Getty Images Russia’s economy is expected to grow faster than all advanced economies this year, according to the International Monetary Fund. Russia is expected to … Read more
Iranian soldiers take part in an annual military drill in the coast of the Gulf of Oman and near the strategic Strait of Hormuz. Anadolu | Anadolu | Getty Images The containership MSC Aries seized by Iran over the weekend marked at least the sixth vessel hijacked by Iran and its proxies in response to … Read more
Janet Yellen, US treasury secretary, during a news conference at the Treasury Department in Washington, DC, US, on Tuesday, April 16, 2024. Tierney L. Cross | Bloomberg | Getty Images Treasury Secretary Janet Yellen said Tuesday that the U.S. is preparing new sanctions on Iran after the country launched hundreds of drones and missiles at … Read more
China’s President Xi Jinping attends the Asia-Pacific Economic Cooperation (APEC) Summit in San Francisco, California, U.S. November 17, 2023. Carlos Barria | Reuters China’s restrained silence on the Middle East conflict is tipping the scales of regional influence back in the U.S.’ favor, according to one analyst. “[Beijing’s] role has been less pronounced than many … Read more
Vowing retribution but urged to show restraint, Israel has yet to agree on its response to an expansive drone and missile strike carried out on its territories by Iran on Saturday. A Monday meeting of Israel’s five-person war cabinet, headed by Prime Minister Benjamin Netanyahu, concluded without comment on whether the Jewish state will honor its pledge … Read more
Speaker of the House Mike Johnson, R-La., makes his way to the House floor on Friday, March 22, 2024. Rep. Marjorie Taylor Greene, R-Ga., filed a motion to vacate him from the speakership, later in the day. Tom Williams | CQ-Roll Call, Inc. | Getty Images House Speaker Mike Johnson, R-La., on Monday said he … Read more
Singapore’s new prime minister Lawrence Wong will be sworn in on May 15, 2024. The current prime minister Lee Hsien Loong announced on April 15 that he will be stepping down and handing the leadership reins to Wong. Ore Huiying | Bloomberg | Getty Images SINGAPORE — Singapore’s Prime Minister Lee Hsien Loong will step … Read more
Israel’s Iron Dome anti-missile system intercepts rockets launched from the Gaza Strip, as seen from the city of Ashkelon, Israel October 9, 2023. Amir Cohen | Reuters Israel has vowed to “exact a price” from Iran in retaliation for the large-scale aerial assault on the Jewish state this weekend — while some analysts expect Israel … Read more
A refinery from the north of the Persian Gulf in Iran. Saeid Arabzadeh | Afp | Getty Images Oil prices could soar to $100 per barrel and beyond, said market watchers, after Iran mounted an aerial attack against Israel reigniting fears of a regional war. Iran is home to vast oil resources and is the … Read more
An anti-missile system operates after Iran launched drones and missiles towards Israel, as seen from Ashkelon, Israel April 14, 2024. Amir Cohen | Reuters (View a special livestream of CNBC’s coverage of the conflict and market impact at 6 p.m. ET Sunday here.) Crude oil futures were set to open higher Sunday after Iran launched … Read more
