The Strait of Hormuz is not open as Iran controls access after ceasefire, UAE oil CEO says
Sultan Ahmed Al Jaber demanded a full reopening of the Strait, warning that the oil supply disruption will increase if Iran maintains control of the passage.

Sultan Ahmed Al Jaber demanded a full reopening of the Strait, warning that the oil supply disruption will increase if Iran maintains control of the passage.
The gauge released Thursday offers the Federal Reserve a snapshot of conditions leading into the Iran war.
The statement came a day after Washington and Tehran agreed to a two-week ceasefire brokered by Pakistan, which halted six weeks of fighting.
American Airlines is joining Delta, United, Southwest and JetBlue in raising its checked bag fees as the industry deals with high jet fuel prices.
Amazon shares have struggled so far this year as investors question the company's aggressive AI spending plans.
It may be pricier now for some student borrowers to access Public Service Loan Forgiveness, after new changes quietly rolled out by the Education Department.
An unusually powerful El Niño weather event could take shape later this year, exacerbating global food security fears.
Apparel retailers could see an up to $13 billion annual boost in spending because of GLP-1 drugs, according to an estimate by equity research firm Bernstein.
After releasing its first major AI model in a year, Meta now has to figure out how to turn it into a business.
In an annual foreign policy speech, Cooper is expected to say that shipping must be toll-free through the strategically vital Strait of Hormuz.
Google has committed to using multiple generations of Intel chips to power its AI data centers, in an expansion of an existing partnership.
Constellation Brands withdrew its previously issued fiscal 2028 outlook on Wednesday and reported "subdued" demand across its categories.
Meta's additional spending commitments with CoreWeave will be deployed from 2027 to 2032.
The fragile nature of the Middle East ceasefire agreement sent bonds into reverse on Thursday.
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.
Notebooks made by Paris-based Louise Carmen have become a status symbol for a swath of young Americans, amid journaling's post-pandemic popularity.
A federal appeals on denied Anthropic's request for a stay in its lawsuit against the Department of Defense.
After ESG pressures forced private equity investors out of oil and gas, investment firms of ultra-wealthy families stepped up.
Lindsey Vonn told CNBC Sport she's not ruling out a return to the Olympics in 2030, at age 45, if she can still perform at a high level.
The major AI infrastructure was announced in September in partnership was with Nvidia and Nscale.
A report by The New York Times says it has discovered the identity of the pseudonymous creator of bitcoin known as Satoshi Nakamoto.
Oil and energy futures trading before President Donald Trump announced a pause in Iran attacks in March raises insider trading concerns, Torres told regulators.
Cramer says Wednesday's rally is a good indicator of what stocks to buy and which to avoid.
New York resident Catalina Corona spent millions of dollars she stole on products from Louis Vuitton, Cartier and Gucci, and as well on Apple merchandise.