Tag: @LCO26U
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CNBC Daily Open: Trump walks back on Hormuz tolls in TACO Tuesday
U.S. President Donald Trump has reversed his announcement on imposing fees on ships transiting the Strait of Hormuz
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U.S. strikes Iran before Hormuz Strait blockade restarts
President Donald Trump has said the U.S.-Iran ceasefire is over following multiple flare-ups of hostilities in the region.
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Here’s the inflation breakdown for June 2026 — in one chart
The consumer price index rose 3.5% in June from a year earlier, a deceleration after several months of upward moves.
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CNBC Daily Open: The Hormuz blockade is back and Trump is tolling
Oil markets reel as President Trump revives his naval blockade in the Strait of Hormuz and demands a 20% toll charge.
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China exports in June jump at fastest pace since 2021 as AI boom, tariff rush lift trade
China’s trade growth accelerated far more than expected in June, as booming global demand for AI hardware and a rush by exporters to beat anticipated tariff hikes turbocharged shipments.
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Trump’s Hormuz toll plans bring oil supply risks back in spotlight
President Donald Trump’s plan to impose a 20% fee on cargo passing through the Strait of Hormuz is threatening the global oil surplus.
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U.S. completes strikes against Iran, while Tehran targets Gulf neighbors
The U.S. has completed a third consecutive night of strikes against Iran, as Tehran targets U.S. military facilities in the region.
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CNBC Daily Open: Hormuz toll threats, Mideast tensions keep investors on edge
Dwindling hopes of a Mideast peace deal and a tech sell-off sent U.S. benchmark indexes lower overnight, while Asia markets traded lower Tuesday.
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Oil gains over 2% as Mideast tensions and Hormuz toll prospects raise supply worries
Oil prices rose on Tuesday after U.S. President Donald Trump announced plans to impose shipping fees in the Strait of Hormuz.
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Inflation reports expected to show improvement with a caveat; Warsh heads to Capitol Hill
Tumbling oil prices in June are likely to provide some welcome good news for inflation.
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