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

Approximately 15,000 Australians urged to leave Lebanon as conflict escalates

Approximately 15,000 Australians urged to leave Lebanon as conflict escalates

More than 100 commercial airline seats have been secured for Australians trying to leave Lebanon as dire warnings continue for people to evacuate amid an escalation of conflict in the region. Flights across Monday and Tuesday carried dozens of Australians out, while another scheduled flight for Thursday will add to the tally. WATCH THE VIDEO … 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

Missiles launched from Iran to Israel, IDF says

Missiles launched from Iran to Israel, IDF says

Sirens have sounded across central Israel after missiles were launched from Iran, according to the Israel Defense Forces. Orders to shelter in place were sent to Israelis’ mobile phones and announced on national television. Earlier, US officials said it had indications that Iran was preparing to imminently launch a ballistic missile attack against Israel that … 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

Israeli forces launch ground offensive in Lebanon as markets eye escalation

Israeli forces launch ground offensive in Lebanon as markets eye escalation

NEBATIEH, LEBANON – SEPTEMBER 28: Smoke rises after Israeli attacks over Shebaa town of Nabatieh province on September 28, 2024. (Photo by Ramiz Dallah/Anadolu via Getty Images) Anadolu | Anadolu | Getty Images Israel has launched a ground incursion into Lebanese territory, with markets once more on edge over the conflict between the Jewish state and the Iran-backed … Read more

Israel Begins Ground Op In Lebanon After Hezbollah Chief’s Death: 10 Points

Israel Begins Ground Op In Lebanon After Hezbollah Chief’s Death: 10 Points

Israeli forces have begun “limited, localized, and targeted” ground raids in Lebanon two days after it killed the group’s chief Hassan Nasrallah in an airstrike, threatening to worsen the Middle East crisis. Here are the top 10 points in this big story: The ground raids target Hezbollah infrastructure in villages in south Lebanon, close to … Read more