CNBC Daily Open: Watching Iran’s economy; a losing game for bonds
Treasury Secretary Scott Bessent speaking to CNBC on May 14th, 2026 from Beijing, China. CNBC Hello, this is…
Iran oil shock stirs memories of 1997 Asian Financial Crisis — but here’s why history may not repeat itself
A month into the worst oil supply disruption since the 1970s Arab embargo, the economic pain spreading across…
South Korea proposes extra $17 billion budget to cushion energy costs fueled by Iran war
Workers install solar power infrastructure at a public parking lot within the National Assembly grounds in Yeouido, Seoul,…
Rising oil prices could lift food costs—but hoarding makes it worse
Rising oil prices tend to push up the cost of groceries, but that doesn’t mean shoppers need to…
How to weather the global energy crisis: IEA
FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub, appearing to run…
Australia says fuel supply levels stable, PM against panic buying
Anthony Albanese, Australia’s prime minister, during an address at the National Press Club in Canberra, Australia, on Tuesday,…
BP Kicks Off Pension Risk-Transfer in £1.6 Billion Deal With L&G
BP Plc has transferred a portion of its UK pension pot to an insurer, the latest move by…