War and Energy Shortages Boost China’s Influence in Asia
The war in Iran has left China’s neighbors appealing for help, handing Beijing the kind of sway it has long sought.
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The war in Iran has left China’s neighbors appealing for help, handing Beijing the kind of sway it has long sought.
Fallout from the war in Iran didn’t dampen quarterly results at McDonald’s, Burger King and Taco Bell.
Investors waited for news on the situation in the Middle East, as the U.S. and Iran gave mixed signals on peace negotiations.
Commentators say it will take years or even decades to repair the damage.
The energy giant's profits jump by nearly a quarter as it benefits from the recent volatility in the oil price
European natural gas prices drop amid hopes for U.S.-Iran peace deal
Norway's Equinor told CNBC that the company expects the Iran war to deliver a boost to its transition industries.
Britain's Shell posted stronger-than-expected quarterly profit as the Iran war sent fossil fuel prices soaring.
On Thursday, spot gold jumped 1.2% to $4,750 per ounce amid hopes that the U.S. and Iran could be nearing a deal to bring the 69-day war to an end.
Oil prices fell Thursday, as investors continue to assess the latest developments in the Middle East amid concerns over renewed tensions between Iran and the U.
"War in Iran resulted in recession-level industry decline in the U.S. as consumer confidence collapsed in late February and March," the company said.
US stocks are tipped to open modestly positively on Thursday as markets await a response from Tehran to Washington's proposed peace plan. Dow Jones futures were
Brent crude fell 10% to $98 and WTI dropped over 12% to $89 after reports emerged that the U.S. and Iran are discussing a one-page memorandum to pause the Hormu

Bitcoin's jumped as WTI crude fell 10%, on reports that the U.S. has prepared a on-page memorandum of understanding to end the war in Iran.
Bitcoin climbed toward $82,000 alongside a more than 1% rise in Nasdaq futures amid reports of progress toward a U.S.–Iran memorandum of understanding.
The ceasefire in the Middle East was in peril Tuesday after the U.S. and Iran traded fire and threats over President Donald Trump's new mission to force open th
How much gas prices have increased during the Iran war depends entirely on where you live, an NBC News analysis of average gas price data from AAA shows.
The price of oil plunged and markets surged early Wednesday after a new report that the U.S. believed it was nearing a deal to end the war with Iran and eventua
US and Iranian forces clashed in the strait during the brief mission to help commercial vessels through the waterway
Beijing’s foreign minister meets his Iranian counterpart days before summit between Xi Jinping and Donald Trump