The U.S.-Iran war has fundamentally altered the security landscape in the Middle East. While the U.S. and Israel have reportedly achieved significant tactical milestones — most notably the assassination of Supreme Leader Ali Khamenei — Iran’s strategy has pivoted from direct military engagement (where it is severely outmatched) to geographic and economic horizontal escalation. Investors…
A Peloton Interactive Inc. logo on a stationary bike at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Peloton on Monday announced its Commercial Series, the company’s first Bike and Tread products built for high-traffic gym floors. The move marks the company’s latest push…
My top 10 things to watch Monday, March 16 1. President Donald Trump vowed to reopen the Strait of Hormuz with a coalition of countries. No luck yet, though U.S. oil prices drifted back below $100 a barrel this morning. That’s helping stock futures rally. But the longer the Strait is closed, the more we’re…
The United States is allowing Iranian oil tankers to transit the Strait of Hormuz, Treasury Secretary Scott Bessent told CNBC in an interview Monday. “The Iranian ships have been getting out already, and we’ve let that happen to supply the rest of the world,” Bessent told CNBC’s Brian Sullivan. Tanker traffic through the Strait has…
Check out the companies making the biggest moves before the bell: Nebius Group — The artificial intelligence infrastructure company rallied 14% after announcing a deal with Meta. As part of the agreement, Nebius will “provide $12 billion of dedicated capacity across multiple locations,” it said in a statement. This comes after the firm announced another…
UniCredit has launched an offer to build its stake in Commerzbank above 30%, a key regulatory threshold if the lender is to launch a full takeover bid. The Milan-headquartered UniCredit already holds a 28% stake in Commerzbank, comprising about 26.04% in shares with the rest in total return swaps. The deal is expected to involve…
Oil prices slipped on Monday, after U.S. President Donald Trump called on other countries to help safeguard the Strait of Hormuz. Bloomberg Creative | Bloomberg Creative Photos | Getty Images The Iran war news flow-driven oil moves are drawing retail investors into the world’s most traded commodity, further fueling volatility. Small investors have poured record…
Indian Prime Minister Narendra Modi, The United Arab Emirates’ President Sheikh Mohamed bin Zayed Al Nahyan and Iran’s President Masoud Pezeshkian attend a family photo during the BRICS summit in Kazan on October 23, 2024. Maxim Shipenkov | Afp | Getty Images While millions of barrels of oil flow to China via the Strait of…
An oil tanker unloads crude oil at a terminal at the port in Qingdao, in China’s eastern Shandong province on March 11, 2026. – | Afp | Getty Images BEIJING — China on Monday stressed that it had enough energy resources as the Iran war restricts oil flows through the Strait of Hormuz, and U.S….
Hollywood star and founder of CORE (Community Organized Relief Effort) Sean Penn holds a press conference at a building housing refugees from Ukraine after signing an agreement with authorities to help refugees from Ukraine on March 25, 2022 in Rzeszow, Poland. Darek Puchala/ | Anadolu Agency | Getty Images The darkly comic thriller “One Battle After Another” won best picture at…
