Russian oil draws a crowd

Russian oil draws a crowd

Tankers are seen off the coast of the Fujairah, as Iran vows to close the Strait of Hormuz, amid the U.S.-Israel conflict with Iran, in Fujairah, United Arab Emirates, March 3, 2026. Amr Alfiky | Reuters Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily Open. As…

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Big banks all pass less vigorous Federal Reserve’s stress tests

Big banks all pass less vigorous Federal Reserve’s stress tests

U.S. Federal Reserve Chair Jerome Powell attends a press conference following the issuance of the Federal Open Market Committee’s statement on interest rate policy in Washington, D.C., U.S., June 18, 2025. Kevin Mohatt | Reuters All the major banks passed the Federal Reserve’s annual “stress tests” of the financial system, the central bank said Friday,…

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