CNBC Daily Open: Oil falls on Iran peace hopes — then U.S. launches airstrikes
Hello, this is Dylan Butts writing to you from Singapore. Welcome to today's edition of the Daily Open newsletter.
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Hello, this is Dylan Butts writing to you from Singapore. Welcome to today's edition of the Daily Open newsletter.
Israel's military issued displacement threats for residents of Tyre in southern Lebanon on Thursday, ordering them to move north of the Zahrani River.
The United States Treasury Department on Wednesday issued new Iran-related sanctions by adding the Persian Gulf Strait Authority to its Specially Designated Nationals list, according to the department's website.
WASHINGTON, D.C. — The United States on Wednesday reimposed sanctions on Francesca Albanese, a UN expert on the Palestinian territories who has harshly criticized Israel, after an appeals court overruled an earlier order prohibiting the action.
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The US military has launched another wave of airstrikes in Iran, actions it is calling "measured, purely defensive, and intended to maintain the ceasefire".
South Korea's central bank kept its benchmark rate unchanged Thursday, as lingering uncertainty in the Middle East prompted a cautious stance amid intensifying risks of inflation and currency weakness.
President Donald Trump speaks during a Cabinet meeting at the White House, Wednesday, May 27, 2026, in Washington, as Secretary of Defense Pete Hegseth, looks on. (AP Photo/Jacquelyn Martin)
SEOUL, May 28 (Yonhap) -- South Korea's central bank kept its benchmark rate unchanged Thursday, as lingering uncertainty in the Middle East prompted a cautious stance amid intensifying risks of inflation and currency weakness.
US President Donald Trump has suggested the US would attack its ally Oman if the Gulf monarchy attempted to claim control over the Strait of Hormuz, which has effectively been closed since the US and Israel launched attacks on Iran in early February.
President Donald Trump has suggested that the US would attack its ally Oman if it attempts to seize control of the Strait of Hormuz, which has effectively been closed since the US and Israel launched attacks against Iran in February.
TEHRAN — Iran on Wednesday said a return to war was unlikely but that its military was nonetheless "lying in wait", while US President Donald Trump threatened to "finish the job" if Tehran did not agree to deal.
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Oil prices rose on Thursday after fresh U.S. strikes in Iran renewed concerns over disruptions to commercial shipping through the Strait of Hormuz.
Israel's military has just taken out a high-value target, with the confirmed death of the commander of Hamas's military wing, Mohammed Odeh.
South Korean stocks opened lower Thursday as a rally led by artificial intelligence took a breather amid falling oil prices and conflicting signals from the United States and Iran over their peace deal negotiations.
Hezbollah announced that it launched 37 military operations on Wednesday against Israeli forces inside southern Lebanon as well as Israeli sites in the Galilee.
JERUSALEM — Israel said on Wednesday it had killed the new head of Hamas's armed wing in Gaza, Mohammed Odeh, after killing his predecessor earlier this month despite an ongoing ceasefire.
Hello, this is Priyanka Salve, writing to you from Singapore.
SEOUL, May 28 (Yonhap) -- Defense Minister Ahn Gyu-back will travel to Singapore later this week to attend an annual security forum, his ministry said Thursday, amid an increasingly volatile security landscape, highlighted by the Middle East conflict.
SEOUL, May 28 (Yonhap) -- South Korean stocks opened lower Thursday as a rally led by artificial intelligence (AI) took a breather amid falling oil prices and conflicting signals from the United States and Iran over their peace deal negotiations.
The United States government has returned UN human rights expert Francesca Albanese to a list of sanctioned individuals after a judge had granted a temporary injunction against the designation.
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Topic:Unrest, Conflict and War
Asia-Pacific markets were set to open mixed on Thursday, as investors continue to assess mixed signals from the ongoing Iran-U.S. negotiations amid a fragile ceasefire.
Hezbollah's first-person view (FPV) drones have caused casualties and injuries among IDF troops in southern Lebanon, prompting the defense establishment to advance new interception and detection solutions.
Iran will not back down from its red lines in negotiations with the US, the head of the Iranian parliament's national security committee, Ebrahim Azizi, asserted in a post on X/Twitter on Wednesday.
Unmanned systems will present the greatest danger and structural growth opportunity over the next decade, former CIA director David Petraeus said, pointing to conflicts in Iran and Ukraine as evidence of how warfare is rapidly evolving.
President Donald Trump on Wednesday dismissed a report that Iran and Oman would manage shipping through the Strait of Hormuz as part of a deal to end the war, in a sign that any agreement remained elusive.
The war in the Middle East has driven oil product prices up by more than 20 percent, with the impact spreading to service costs such as car repairs, laundry fees and airfares. According to the Ministry of Data and Statistics, the cost-of-living index rose 2.9 percent on-year in April, while personal service prices g…
Episode 21 of Facing the Middle East with Felice Friedson moves between war, repression, memory, and moral responsibility.
NEW YORK (AP) — A former truck and bus driver charged in an assassination plot against an Iranian American writer who authorities said was targeted for death by the Iranian government was given a 10-year prison sentence on Wednesday by a federal judge.
The death toll from an Israeli air strike on a home in central Gaza City has risen to seven, with at least 15 others wounded, according to medical sources at al-Shifa Hospital cited by the Wafa news agency.
Israel carried out heavy strikes across southern Lebanon after declaring the entire area a “combat zone.” RT witnessed the evacuations ahead of the bombardment.
Israel carried out heavy strikes across southern Lebanon after declaring the entire area a “combat zone.” RT witnessed the evacuations ahead of the bombardment.
Thu 28 May 2026 at 8:00am
The Lebanese military says one of its soldiers was killed in an Israeli strike on the Kfar Roman-Khardali road in southern Lebanon.
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Asked if he would accept a deal to allow Iran and US ally Oman to control the strait, Trump said the Gulf state must ‘behave’
Asked if he would accept a deal to allow Iran and US ally Oman to control the strait, Trump said the Gulf state must ‘behave’
People around the world gathered to celebrate Eid al-Adha, or the Festival of Sacrifice, from Mecca in Saudi Arabia to India-controlled Kashmir.
The United States stock market has been hovering near record highs and oil prices have plunged amid new hope that a ceasefire deal between the US and Iran is close.
US President Donald Trump told reporters on Wednesday that easing sanctions on Iran is not under consideration in the current negotiations towards ending the war, reopening the Strait of Hormuz, and paring down Iran's nuclear capability.
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The Palestine Red Crescent Society says at least four people have been killed and 15 others wounded in an Israeli air strike targeting a home in central Gaza City.
United States President Donald Trump has threatened to use military force against Oman if it collaborates with Iran to assert control over the Strait of Hormuz.
(ATTN: ADDS more info in paras 18-19)By Song Sang-ho