Iran oil shock stirs memories of 1997 Asian Financial Crisis — but here’s why history may not repeat itself

The Hormuz disruption is hammering Asian economies with surging energy costs and weakening currencies, but a repeat of the crisis three decades ago is unlikely.
‘Poorly run, piece of ice’: Trump targets Greenland again as Iran war deepens NATO rift

Trump has set his eyes on Greenland again while venting frustration at NATO, as the diplomatic fallout from Iran war exposed rifts in the security alliance.
Oil prices resume gains after Iran accuses U.S. of breaching ceasefire deal

Oil markets rose after Iran accused the United States of violating elements of a two-week ceasefire agreement.
Asia markets set to open mostly higher after fragile Iran-U.S. ceasefire deal

The Nikkei futures contract in Chicago was trading at 56,735, while its counterpart in Osaka was last at 57,000.
Inside India newsletter: Tariffs and Iran war threaten India’s $100 billion garments export goal

U.S. tariffs and the Iran war have battered India’s garment industry, raising costs, hitting exports, and dashing hopes of a recovery.
Jim Cramer says the market’s rally is a peek into what stocks are worth buying

Cramer says Wednesday’s rally is a good indicator of what stocks to buy and which to avoid.
Iran war ceasefire offers investors opportunity to rotate back into risk-on assets, investors say

Technology, financial and industrial stocks are looking attractive following the Iran war ceasefire, Shannon Saccocia told CNBC on Wednesday.
Stock futures are little changed after Dow posts best day since April 2025 following ceasefire deal: Live updates

The latest reading of the personal consumption expenditure price index, the Fed’s favored inflation gauge, is due out at 8:30 a.m. ET Thursday morning.
Modelo maker Constellation Brands withdraws 2028 guidance due to uncertainty

Modelo maker Constellation Brands withdrew its previously issued fiscal 2028 outlook on Wednesday and reported “subdued” demand across its categories.
Anthropic loses appeals court bid to block Pentagon blacklisting temporarily

A federal appeals on denied Anthropic’s request for a stay in its lawsuit against the Department of Defense.