Iran, Trump and Nuclear Deal
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Trump's agenda will likely include Israel-Gaza ceasefire talks, oil, trade, investment deals, and potential announcements on chip exports and nuclear energy.
5don MSN
The major oil producers known as OPEC+ did exactly what U.S. President Donald Trump has been asking for — and American producers may be the ones to soon pay the price.
HITTING THE ROAD — Trump today is embarking on a four-day trip to Saudi Arabia, Qatar and the United Arab Emirates for the first official state visit of his second term. Here’s a rundown of what to expect as the week unfolds …
"Everyone is very concerned about the demand outlook because of the trade war," RBC Capital Markets head of commodities Helima Croft tells CNBC's Dan Murphy ahead of President Trump's Middle East visit and the May 5 OPEC+ meeting.
Oil tumbled nearly 4% as a potential U.S.-Iran nuclear deal raised the prospect of increased global crude supply on Thursday, while stocks markets took a well-earned breather following their weeks-long recovery run.
President Donald Trump’s campaign promise of U.S. “energy dominance” is running into a flood of OPEC crude oil — a surge of fuel production pushed by the Saudi leaders greeting him during his Mideast trip this week.
The four-day trip, President Donald Trump’s first major overseas tour since his re-election, is expected to focus on business deals and new investments from the region.
Oil tumbled over 3% as a potential U.S.-Iran nuclear deal raised the prospect of increased global crude supply on Thursday, while stocks markets took a well-earned breather following their weeks-long recovery from April's trade war meltdown.