Iranian Missiles Shake Gulf Finance’s Image of Stability, . . Asian Stocks drop as war drags on, . . .Trump Replaces Noem as Homeland Chief After Rocky Tenure The president named Oklahoma Senator Markwayne Mullin

 

Iranian Barrage Sweeps Middle East as Trump Weighs In on Next Leader

Exclusive

Trump Administration Eyes All Options to Tame Oil Prices

Trump Finds He Needs Europe Now That He’s Waging War in Iran

Ukraine Offers Help Downing Iran Drones in Exchange for Patriot Missiles

WTI Futures

78.32USD

2.69–3.32%

Markets Wrap

Asian Stocks Drop as War Drags On, Crude Oil Falls

Oil edges lower at the open but is headed for the biggest weekly surge since 2022.

Iranian Missiles Shake Gulf Finance Hubs’ Image of Stability

The Big Take

Iranian Missiles Shake Gulf Finance’s Image of Stability

Markets Wrap

Asian Stocks Drop as War Drags On, Crude Oil Falls

Graeme Sloan/Bloomberg

 

 

 

 

 

 

 

 

 

Trump Replaces Noem as Homeland Chief After Rocky Tenure

The president named Oklahoma Senator Markwayne Mullin to replace her, marking the first time he has replaced a Cabinet member this term.

Earlier

Noem Faces Bipartisan Rebuke Over Deadly Immigration Operation

Krisztian Bocsi/Bloomberg

Exclusive

US Considers Requiring Permits for Nvidia, AMD Global AI Chip Sales

Meta, Google Online Child Safety Rules Advanced by House Panel

Oracle Plans Thousands of Job Cuts in Face of AI Cash Crunch

Eva Marie Uzcategui/AFP/Getty Images

 

 

 

 

 

Hegseth Says the US Has No Shortage of Munitions for Iran War

The size of US munitions stockpiles is classified but there are concerns the US is using up some of its most expensive and technologically advanced weapons at an unsustainable rate.

US Use of Costly Weapons Against Iran Tests Limits of Inventory

Damian Lemanski/Bloomberg

 

 

 

 

 

 

 

 

 

Long-Trusted Haven Trades Are Failing as Gold, Treasuries Fall

Related

Gold Set for Weekly Loss as Dollar Strength Offsets War Premium

Goldman Says Oil Market Not Yet Confident in US Hormuz Measures

Bloomberg Opinion

Now Even Apple Is Worried About Affordability

Consumers don’t mind using hardware that’s a little behind the curve if it’s cheaper. Enter the MacBook Neo.

By Jessica Karl, Columnist 

 

 

 

 

 

Hormuz Is the Hidden Risk to the AI Economy

By David Fickling, Columnist

Why Apple Decided the Time Was Right for a $599 MacBook

By Dave Lee, Columnist

Be Liquid When Others Are Illiquid

By Matt Levine, Columnist

Ali Mohammadi/Bloomberg

 

 

 

 

 

 

US Issues License to Allow Some Russian Oil Sales to India

The move after Trump slapped tariffs on Indian goods in a bid to pressure India to abandon energy purchases from Russia.

Earlier

Russian Oil Cargoes Swing Back to India as Iran War Hits Supply

Pedro Mattey/AFP/Getty Images

 

 

 

 

 

 

 

 

 

US and Venezuela Will Resume Diplomatic Ties With Maduro Out

The US suspended embassy operations in Venezuela’s capital Caracas in 2019.

Venezuela’s Key Oil Hub Nears Seven-Year Export High Under US Watch

Marcelo Perez del Carpio/Bloomberg

Marcelo Perez del Carpio/Bloomberg

Marcelo Perez del Carpio/Bloomberg

Marcelo Perez del Carpio/Bloomberg