Brent oil tops $110 again after Chinese ships are turned away from Strait of Hormuz
Oil prices traded higher after U.S. President Donald Trump said Iran had allowed 10 oil tankers to pass through the Strait of Hormuz.

Oil prices traded higher after U.S. President Donald Trump said Iran had allowed 10 oil tankers to pass through the Strait of Hormuz.
Traders in the futures market shifted the probability of a rate increase by the end of 2026 to 52% on Friday morning.
Funding for the Department of Homeland Security lapsed in February, leading to chaos at airports.
The Swiss pharma giant is betting on a next-generation allergy treatment that may prove to work faster and better than anything currently on the market.
Dubai in the UAE has been the biggest driver of growth in recent years, and the Middle East tensions come at a critical time in the luxury industry.
The price hike comes as Netflix has been investing heavily in its content, including new ventures into the live events space and launching video podcasts.
DBi's Andrew Beer suggests the market's crystal ball is broken.
The venture capitalist said he will still be a part of the White House's Technology committee and will help push Trump's AI plan forward.
A new survey by Vanderbilt University found that most Nashville residents don't want Boring Company tunnels in their city.
Infiniti is releasing a new midsize SUV, the QX65, in an effort to turn around sales in the U.S. market.
Kevin Warsh's nomination as chair of the Federal Reserve has been in limbo because of a criminal investigation of Chair Jerome Powell.
The experimental drug reduced flare-ups for patients with chronic obstructive pulmonary disease, Astra said Friday.
A federal judge in San Francisco granted Anthropic's request for a preliminary injunction in its lawsuit against the Trump administration.
It is unclear if and how much the AFT boycott could hurt Target, which is trying to win back shoppers and return to sales growth.
Several changes await MLB after this season, including its CBA's expiration, new media partners, and potential expansion and league realignment.
About 59 million caregivers provide care for loved ones, representing $1.01 trillion in total economic value annually, according to a new AARP report.
American Airlines is considering a big upgrade to its in-flight entertainment and internet providers, including potentially bringing back seatback screens.
Andrew Puzder sat down for an interview with CNBC's Ian King.
United Airlines and its flight attendants union reached a new labor deal.
Foreign investors are pulling out a record $12 billion from Indian equities as the Iran conflict drives up energy costs and raises doubts on economic growth.
Bonds issued by various European countries continued to sell off on Friday, deepening a rout that has been mostly continuous since the U.S.-Iran war began.
Meta is increasing investment at a data center in El Paso, Texas, to $10 billion from $1.5 billion, as the company ramps up spending on AI infrastructure.
President Donald Trump, in his latest jibe at Federal Reserve Chair Jerome Powell, called him a "moron,' and blasted him over keeping interest rates too high.
The Middle East war has introduced a new layer of uncertainty for Asia-focused private equity managers already navigating a multiyear fundraising slump.