Markets watch for dangers of further escalation

Markets watch for dangers of further escalation

Israel’s Iron Dome anti-missile system intercepts rockets, as seen from Ashkelon, Israel, October 1, 2024  Amir Cohen | Reuters Israel’s government has vowed a severe response to Iran’s unprecedented missile barrage into Tel Aviv, leaving the Middle East on edge as fears rise over a possible all-out war between the two long-time foes. On Tuesday … Read more

Yale’s Stephen Roach warns of global volatility, ‘whipsawed’ markets

Yale’s Stephen Roach warns of global volatility, ‘whipsawed’ markets

01 October 2024, Israel, Tel Aviv: Missiles launched from Iran are seen in the sky over Tel Aviv. Ilia Yefimovich/dpa | Picture Alliance | Getty Images Markets are in danger of being “whipsawed” by the combination of regional conflict in the Middle East and rising unemployment in the United States, says Stephen Roach, senior fellow … Read more

Soft landing hit by minor turbulence

Soft landing hit by minor turbulence

Dockworkers strike at the Bayport Container Terminal in Seabrook, Texas, on October 1, 2024.  Mark Felix | Afp | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you … Read more

Oil watchers now see a real threat of supply disruptions after latest Iran-Israel escalation

Oil watchers now see a real threat of supply disruptions after latest Iran-Israel escalation

A general view of Isfahan Refinery, one of the largest refineries in Iran and is considered as the first refinery in the country in terms of diversity of petroleum products in Isfahan, Iran on November 08, 2023. Fatemeh Bahrami | Anadolu | Getty Images Oil watchers are now seeing a genuine threat to crude supplies … Read more

Iran launches missile attack on Israel for Nasrallah killing

Iran launches missile attack on Israel for Nasrallah killing

Iran on Tuesday launched a ballistic missile attack on Israel in retaliation for its recent killing of Hezbollah leader Hassan Nasrallah and an Iranian commander in Lebanon. The attack came on the heels of Israel’s deployment of ground forces into south Lebanon, escalating its offensive on Hezbollah, a militant group backed by Iran. “In response … Read more

WTI surges on possible Iran attack against Israel

WTI surges on possible Iran attack against Israel

U.S. crude oil prices rose nearly 3% on Tuesday, as the U.S. warned of a possible imminent attack by Iran against Israel. Senior White House and Defense Department officials told NBC News that the U.S. “has indications that Iran is preparing to imminently launch a ballistic missile attack against Israel.” “We are actively supporting defensive … Read more

Iran’s response to Israel is a choice between revenge and survival

Iran’s response to Israel is a choice between revenge and survival

Iran’s Supreme Leader Ayatollah Ali Khamenei waves before voting in the country’s presidential election, in Tehran, Iran July 5, 2024.  Office Of The Iranian Supreme Le | Via Reuters Iran’s powerful proxy network across the Middle East is being dealt blow after blow from Israel, which has dramatically escalated fighting with Lebanese militia group Hezbollah … Read more

Oil markets not pricing in an ‘all-out war’ after Israel kills Hezbollah leader

Oil markets not pricing in an ‘all-out war’ after Israel kills Hezbollah leader

General view of the Towers and oil platforms of the State oil Company of Venezuela, Venezuelan oil Company SA. Jose Bula Urrutia | Future Publishing | Getty Images Oil prices didn’t react sharply on Monday after Hezbollah confirmed that its leader was killed on Friday in an Israeli airstrike in the Lebanese capital of Beirut. … Read more

U.S. Officials Brief Trump Team On Iranian Threats To Assassinate Him, Campaign Says

U.S. Officials Brief Trump Team On Iranian Threats To Assassinate Him, Campaign Says

U.S. intelligence officials this week informed former President Donald Trump’s team about “specific threats from Iran to assassinate him,” according to Trump’s presidential campaign. A spokesperson for the Office of the Director of National Intelligence confirmed to NBC News that the Tuesday meeting took place, but did not discuss the contents of the briefing. Steven … Read more

U.S. charges three Iranian nationals in Trump campaign hack

U.S. charges three Iranian nationals in Trump campaign hack

Federal prosecutors on Friday announced criminal charges against three Iranian nationals in connection with a recent hack of Republican presidential nominee Donald Trump’s campaign and other cyberattacks. The three “malicious cyber actors,” who were employed by Iran’s Islamic Revolutionary Guard Corps, engaged in “a wide-ranging hacking campaign” that also targeted current and former government officials, … Read more