Tag: @LCO27F
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CNBC Daily Open: Higher oil, higher yields, lower volatility
A jump in oil prices sends jitters through stock and bond markets, keeping investors on edge as the ceasefire between the U.S. and Iran expires.
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CNBC Daily Open: Markets caught between Mideast worries and AI optimism
Despite many promises of a deal and numerous start-stop negotiations, the war in the Middle East now threatens to restart and drag more countries into the fold.
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Oil prices rise as Iran rules out interim deal extension, threatens to escalate conflict
The U.S.-Iran deal was supposed to open the Strait of Hormuz while they negotiated a final deal on Tehran’s nuclear program within 60 days.
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CNBC Daily Open: U.S.-Iran ceasefire set to expire
The fragile and contested ceasefire between the U.S. and Iran is set to expire today with no extension in sight.
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Japan second-quarter GDP grows 1.1% on an annualized basis, missing expectations
On an annualized basis, Japan saw growth of 1.1%, against estimates of 2%.
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Depleted strategic oil reserve nears level that raises concerns about damage to caverns, operations
The rapid drawdown of the U.S. Strategic Petroleum Reserve could damage the caverns that store the oil, experts warn.
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Top energy plays for the rest of the year… including a ‘behind-the-meter’ power play
We have a conversation with the CEO of a company leading the trend of ‘behind-the-meter’ power.
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CNBC Daily Open: Middle East tensions send oil higher while Iran-U.S. tensions escalate
Concerns over supply disruptions pushed oil prices higher, amid news of recent deadly attacks on vessels in the Gulf of Oman and the Red Sea, and as a spill near Oman worsens.
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‘Hormuz remains blocked’: Iran disputes Trump claims as traffic sinks to near 3-month lows
The Persian Strait Gulf Authority said “the Strait of Hormuz remains blocked and will not be reopened until Iran’s conditions are accepted.”
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Japan wholesale inflation eases slightly to 7.2%, undershooting expectations
The PPI reading was lower than the 7.4% expected by economists polled by Reuters, and was down from a revised 7.3% seen in June.
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