Economy

Aramco warns of oil market ‘catastrophe’ unless strait of Hormuz reopens soon

Saudi Arabian state oil firm calls crisis by far the biggest the region has seen but firm can reroute 70% of exports and tap crude held in storage

Get ready for price shocks because of Iran? How are we supposed to do that?

From energy to food, all of life’s essentials are about to get even more expensive. But just knowing that won’t pay the bills

Cathay Pacific offers £20,000 Sydney-London flight amid disruption in Gulf

Hong Kong-based airline has business-class return listed at A$39,577, as travellers seek routes avoiding Middle East

Volkswagen flags a tough year ahead as 2025 profit halves on tariffs, China competition

Volkswagen reported a more than 50% drop in annual operating profit, citing the impact of U.S. tariffs, currency effects and a strategic shift at Porsche.

As the Iran war upends energy flows, Russia is emerging as the real winner

Russia is shaping up to be a major beneficiary of the escalating energy crisis in the Persian Gulf, analysts told CNBC.

Ryan Serhant of Netflix's 'Owning Manhattan' is leaning hard into commercial real estate

Ryan Serhant said commercial real estate makes up about 10% of his business now but is quickly expanding.