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Operadores de divisas reaccionan junto a una pantalla con el índice surcoreano Korea Composite Stock Price Index (KOSPI), a la izquierda, en la sala de operaciones del banco Hana en Seúl, Corea del Sur, el martes 12 de mayo de 2026. (AP Foto/Ahn Young-joon)
The CEO of Saudi Arabia’s state-owned oil company is warning that the energy sector will take time to recover from the Iran war’s impact on supply as oil output was slashed due to the ongoing disruptions to shipping in the Strait of Hormuz.
10-year Japanese government bond yields jumped to 2.545% on May 12, a level not seen since June 1997. (Photo by Arisa Moriyama)
The Ministry of Foreign Affairs of Pakistan rejected a CBS News report alleging that Iranian aircraft had been stationed at Nur Khan Air Base during the conflict involving Iran and the United States.
LONDON — European stocks are expected to open in negative territory as prospects for a speedy resolution to the U.S.-Iran war appear increasingly remote.
Oil and gas giants benefited significantly from their trading desks through the first quarter, shining a light on a commercially sensitive and often-overlooked unit that tends to outperform during periods of market volatility.
Israeli foreign minister Gideon Saar said the European Union’s decision to impose sanctions on Israeli settlers accused of violence against Palestinians was “unacceptable” and would not succeed in pressuring Israel.
Seoul has footage of the May 4 attack on the HMM Namu but analysts say it is biding its time, hoping ‘the dust will settle’
Seoul has footage of the May 4 attack on the HMM Namu but analysts say it is biding its time, hoping ‘the dust will settle’
Currency traders react near a screen showing the Korea Composite Stock Price Index (KOSPI), left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, May 12, 2026. (AP Photo/Ahn Young-joon)
The Wall Street Journal reported, citing unnamed sources, that the administration of US President Donald Trump has achieved tactical gains in the conflict with Iran but has not yet secured any strategic objective.
President Donald Trump speaks at a dinner for members of his administration and law enforcement organization leaders, during National Police Week, in the White House Rose Garden, Monday, May 11, 2026, in Washington. (AP Photo/Julia Demaree Nikhinson)
Susannah Savage in London
Sharjah developer Arada is planning to launch new projects in the UAE this year despite market uncertainties related to the Iran war, the company's chief executive has said.
US President Donald Trump arrives in Beijing on Wednesday for a meeting with Chinese President Xi Jinping, a visit originally designed to reset trade ties but now expected to be dominated by the war in Iran.
US President Donald Trump is increasingly considering renewed military action against Iran as part of efforts to secure concessions over Tehran’s nuclear programme, according to reports from Axios and other US media outlets.
US President Donald Trump has said the month-long ceasefire between the US and Iran is on “massive life support”.
(Nikkei montage/Source photos by Lauly Li and Kyodo)
US President Donald Trump is seriously considering resuming the war with Iran soon because of the way the Iranians are handling negotiations, aides close to the president told CNN on Sunday.
New Iranian strikes on its Gulf neighbours, a dangerous stalemate in the Strait of Hormuz and an inconclusive cycle of proposal and counterproposal between Washington and Tehran are straining many Middle Eastern economies. Iraq – a crucial regional crossroads – has more to lose from this conflict than most.
BEIJING — The U.S. and China are rallying their East Asia ties ahead of a highly anticipated presidential summit in Beijing later this week.
Oil prices edged higher in early Asian trading on Tuesday as uncertainty surrounding diplomacy between the United States and Iran continued to fuel concerns over global energy supplies.
Australian foreign minister Penny Wong announced new sanctions and travel bans against seven Iranian individuals and four entities, accusing Iran of ongoing repression and regional destabilisation.
SEOUL, May 12 (Yonhap) -- South Korean stocks turned lower late Tuesday morning after opening at a fresh peak of above 7,900 points and almost touching the unprecedented 8,000-point mark, as investors moved to take profit amid woes over little progress in peace talks between the United States and Iran.
India rejected Russia’s offer to sell it liquefied natural gas subject to US sanctions, despite a huge shortfall driven by Middle East tensions, leaving a tanker bound for India in limbo as talks continue on permitted cargoes, Reuters reports.
US Senator Chuck Schumer criticised President Donald Trump over the conflict with Iran, accusing him of dragging Americans into an “illegal, costly war without any goals or without any endgame”.
Hello, this is Hui Jie writing to you from Singapore. Welcome to another edition of CNBC's Daily Open.
The administration of US President Donald Trump is providing 53.3 million barrels of crude oil from the US Strategic Petroleum Reserve to energy companies as part of a global effort to stabilise markets shaken by the conflict involving Iran, according to a Reuters report.
Rival submarine threats have emerged Monday amid the ongoing Strait of Hormuz showdown and as President Trump has said the ceasefire with Iran is on "massive life support".
US President Donald Trump is considering resuming the bombing campaign against Iran as peace talks remain stalled, Axios reported on Monday, citing three US officials familiar with the matter.
CBS News reported that Pakistan quietly allowed Iranian military aircraft to park at its airfields during the conflict between Iran and the United States, despite Islamabad’s role as a diplomatic intermediary between Tehran and Washington.
The administration of US President Donald Trump imposed new Iran-related sanctions targeting 12 individuals and entities accused of helping the Islamic Revolutionary Guard Corps sell and transport Iranian oil to China.
South Korean stocks opened at a fresh record high of above 7,900 points Tuesday, heading toward the unprecedented 8,000-point mark, as major chipmakers continued their bull run, despite woes that peace talks between the United States and Iran are on the brink of breaking down.
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The US government on Monday announced sanctions against three people and nine companies, including four based in Hong Kong and four in the United Arab Emirates, for aiding Iran's shipment of oil to China. The ninth company is based in Oman.
Oil prices rose Tuesday as U.S. President Donald Trump said that the ceasefire with Iran was on life support after rejecting Tehran's counterproposal to end the war, signaling the conflict in the Middle East could drag on.
Iran’s deputy foreign minister for legal and international affairs, Kazem Gharibabadi, sharply criticised a US-backed draft resolution at the United Nations Security Council concerning the Strait of Hormuz.
The Pentagon revealed the location Monday of one of the US Navy’s most secretive vessels – a stealthy, nuclear-armed submarine – a day after President Trump rejected Iran’s latest peace offer.
SEOUL, May 12 (Yonhap) -- South Korean stocks opened at a fresh record high of above 7,900 points Tuesday, heading toward the unprecedented 8,000-point mark, as major chipmakers continued their bull run, despite woes over little progress in peace talks between the United States and Iran.
Since Russian invasion, about 20,500 children have been unlawfully deported or forcibly transferred to Russia or Russian-held territories in Ukraine. What we know on day 1,539
The United Arab Emirates quietly carried out military counter-strikes against a key Iranian oil refinery just as President Trump declared a cease-fire last month, according to a new report.
A former World Bank president has told the BBC that China should stop hoarding food and fertiliser to ease a global supply crisis caused by the Iran war.
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President Donald Trump has been compared to many historical figures, by opponents (who claim he’s another Adolf Hitler) and by boosters (who cite Andrew Jackson or Teddy Roosevelt).
With the Iran cease-fire on “massive life support,” it’s time for President Donald Trump to resume Project Freedom, and get the Strait of Hormuz open to normal commercial traffic.
Asia-Pacific markets were set to open higher Tuesday as investors shrugged off fresh doubts over the fragile U.S.-Iran ceasefire after President Donald Trump warned the truce was on "massive life support."
Iran has executed 29-year-old aerospace engineer Erfan Shakourzadeh on Monday on espionage charges despite his protestations that authorities tortured him into giving a false confession, according to a prison note published before his execution, as recounted in Western press reports.
Taiwan, tariffs and the strait of Hormuz are on the meeting’s agenda for Beijing – but will the US president be forced to ask for help in ending his war with Iran?
The United Arab Emirates was behind some of the recent strikes against Iranian assets, such as the attacks on Lavan Island's refinery at the beginning of April, The Wall Street Journal reported on Sunday.