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CNBC World NewsMay 26, 2026
Brent oil jumps more than 3% after Iran vows to retaliate for U.S. strikes
President Trump earlier said talks with Iran were "proceeding nicely," while warning that the U.S. could resume military action if discussions were to collapse.

CNBC World NewsMay 26, 2026
Piper Sandler says Strait of Hormuz to remain closed for months and oil to hit new highs
Prolonged closure of Strait of Hormuz could send crude oil prices to new highs this summer.

CNBC World NewsMay 26, 2026
Japan, South Korea stocks hit fresh records as markets weigh Iran tensions and ceasefire talks
Asia-Pacific markets rose on Wednesday, with Japan and South Korea's benchmark indices hitting new highs

CNBC World NewsMay 22, 2026
Consumer sentiment hits fresh record low in May as Iran war fuels inflation worries
Consumer sentiment has tumbled to a fresh record low in May as fears of higher prices grow due to the U.S.-Iran war and elevated oil prices.
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