Investors are dangerously underestimating the lasting impact of the Middle East war, as markets rally on optimism over a ceasefire agreement and rapid economic rebound. That’s the view of Sophie Huynh, portfolio manager and strategist at BNP Paribas Asset Management, who warned the market is not reflecting “the economic reality of what we could be…
A view of the vessels passing through Strait of Hormuz following the two-week temporary ceasefire reached between the United States and Iran on the condition that the strait be reopened, seen in Oman on April 08, 2026. Shadi J. H. Alassar | Anadolu | Getty Images Iran on Friday declared the Strait of Hormuz completely…
A photograph taken from the southern Lebanese area of Tyre shows smoke as it rises from the site of Israeli airstrikes that targeted villages on southern Lebanon on April 16, 2026. Kawnat Haju | AFP | Getty Images Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily…
A man stands as a tugboat guides the Russian oil tanker Anatoly Kolodkin at the oil terminal in the port of Matanzas, northwestern Cuba, on March 31, 2026. Yamil Lage | Afp | Getty Images Energy shipments are increasingly being used as foreign policy tool as the Trump administration attempts to hold down two blockades…
The Israeli economy is facing a significant hit to growth projections as a result of the Middle East conflict — but its central bank chief is hopeful that a rapid resolution to the wars in Lebanon and Iran can help ease the shock. Speaking with CNBC’s Karen Tso at the IMF-World Bank spring meeting in…
NOIDA, INDIA – APRIL 16: Indian buyers queue to refill their empty liquefied petroleum gas (LPG) cylinders near a gas agency office in Noida, on the outskirts of New Delhi, India, on April 16, 2026. (Photo by Amarjeet Kumar Singh/Anadolu via Getty Images) Anadolu | Anadolu | Getty Images The United States is stepping up…
European shares traded in mixed territory on Friday, as the U.S.-Iran war continues to weigh on investor sentiment. U.S. President Donald Trump’s hints that an end to the war is in sight, plus a ceasefire between Israel and Lebanon coming into effect, failed to bolster optimism in global equity markets. By 8:48 a.m. in London…
An Uber Eats courier is seen in Krakow, Poland, on Aug. 21, 2025. Jakub Porzycki | Nurphoto | Getty Images Uber on Friday agreed to purchase an additional 4.5% of shares of German food delivery firm Delivery Hero from the company’s biggest shareholder Prosus. Total gross proceeds to Prosus are approximately 270 million euros ($318…
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 16, 2026. Jeenah Moon | Reuters Hello, this is Hui Jie writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. Markets march on to new records as the warring sides in the…
A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. Alexander Manzyuk | Reuters Oil prices fell after U.S. President Donald Trump said Israel and Lebanon had agreed to a 10-day ceasefire following talks in Washington. U.S. crude oil futures for May delivery fell 1.45% to $93.32 per barrel….
