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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHelima Croft: I'm in the best moment to achieve my personal ambitions"I grew up in Washington D.C. and that fueled my ambition." CNBC contributor & RBC Capital Markets Managing Director and Global Head of Commodity Strategy shares what ambition means to her.
Persons: Helima, I'm Organizations: Washington D.C, CNBC, RBC Capital Markets, Global, Commodity Strategy Locations: Washington
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHelima Croft: I grew up in Washington D.C. and that fueled my ambition"Access to energy is critical for the developing world." CNBC contributor & RBC Capital Markets Managing Director and Global Head of Commodity Strategy shares what ambition means to her.
Persons: Helima Organizations: Washington D.C, CNBC, RBC Capital Markets, Global, Commodity Strategy Locations: Washington
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe White House faces a tough choice on Iranian crude oil exports this summer: RBC's Helima CroftHelima Croft, RBC Capital Markets global head of commodity strategy, joins 'Squawk Box' to discuss the factors impacting the global energy market, impact of the $95 billion aid package passed by the House, state of the oil market, impact of Middle East tensions, and more.
Persons: Helima Croft Helima Croft Organizations: RBC Capital Markets, House
Before this weekend's tanker seizure, the last vessel Iran hijacked was the St. Nikolas on January 1. A Planet Labs satellite image of the location of the MSC Aries and other tankers recently hijacked by Iran. Planet Labs PBCAs the U.S. considers more sanctions against Iran in response to its recent attack on Israel, Iran has been using the hijacked ships as a means of sanctions retaliation. Iran chose to do this as a way to compensate for sanctions," Madani said. In a note to clients, ClearView highlighted that the House of Representatives added several Iran sanctions bills to its calendar for consideration this week, under suspension rules, including new sanctions on Iranian oil exports to China.
Persons: Nikolas, Houthis, Samir Madani, Eyal Ofer's, Madani, Janet Yellen, Helima Croft, Andy Lipow, Brent, Lipow, Kevin Book, Book Organizations: Anadolu, Getty, MSC Aries, U.S . Naval Forces Central Command, Galaxy Leader, MSC, Planet Labs, U.S . Energy Information Agency, United Arab, JPMorgan, CNBC, Lipow Oil Associates, ClearView Energy Partners, US, UN Locations: Gulf of Oman, Hormuz, Anadolu, Iran, Israel, Gaza, U.S, Iranian, Khuran, China, Russia, Malaysia, United Arab Emirates, Oman, Strait, Tehran, East, North Africa, India, Saudi Arabia, Kuwait, Iraq, France, Germany
The oil market has brushed off Iran's weekend air assault against Israel, with futures trading as much as 1.5% lower on Monday. Oil prices could spike above $100 a barrel depending on how Israel responds to the attack, the analyst wrote. Attack 'well-telegraphed' Iran's attack, though unprecedented, did little actual damage as Israel and the U.S. intercepted nearly all the drones and missiles. The Islamic Republic warned, however, it would strike harder next time if Israel responds to the weekend attack. Potential threats include Iran seizing ships associated with Israel in the Strait of Hormuz; Israel attacking Iranian oil and gas assets; or Iran striking energy assets of its neighbors if Israel hits too hard.
Persons: Israel, Maximilian Layton, Layton, Brent, Helima Croft, CNBC's, Natasha Kaneva, Kaneva, Goldman, Daan Struyven, RBC's Croft, Jan Stuart, Piper Sandler, Stuart Organizations: Citi ., Brent, Citi, RBC Capital Markets, RBC, U.S, United Nations, Islamic, JPMorgan, CNBC Locations: Israel, Iran, Damascus, Syria, Tehran, Lebanon, Republic, Islamic Republic, Goldman Sachs, Strait, Hormuz, Iranian
But the calm could be short lived, as world leaders and markets focus on Israel’s response. Military clashes don’t always sink the markets, as was the case when Hamas attacked Israel in October and Israel retaliated. “We may be entering one of the most treacherous geopolitical eras since World War II,” Jamie Dimon, JPMorgan Chase’s C.E.O., warned last week. “Take the win,” President Biden reportedly told Israel’s embattled prime minister after the attack was rebuffed with American help. Iran has signaled that the attack was a one-and-done, but Israel’s war cabinet hasn’t indicated its next move.
Persons: Israel, ” Jamie Dimon, JPMorgan Chase’s, Benjamin Netanyahu, Biden, hasn’t, Helima Croft Organizations: JPMorgan, , RBC Capital Markets Locations: Israel, Ukraine, United States, Iran
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailToo soon to fade the Iran-Israel tension story, says RBC Capital's Helima CroftHelima Croft, RBC Capital Markets global head of commodity strategy, joins 'Squawk on the Street' to discuss why oil prices are lower today, if Israel will move on Iran despite U.S. opposition, and more.
Persons: Helima Croft Helima Croft Organizations: RBC, RBC Capital Markets Locations: Iran, Israel
Oil markets shrugged off the growing tensions in the Middle East, after Iran launched a barrage of missiles and drones against Israel over the weekend. On Monday morning, prices for Brent crude oil, the international benchmark, fell by about 1 percent, to $89.49 a barrel. So far, there has been relief that the much-anticipated attack did little damage and had no effect on supplies. Oil prices had already increased substantially in the days before the assault, rising above the symbolic $90 a barrel level last week. Rystad Energy, a consulting firm, calculates that on fundamentals, Brent should be selling for $84 a barrel.
Persons: Goldman Sachs, Brent, , Helima Croft Organizations: Brent, Rystad Energy, RBC Capital Markets Locations: Iran, Israel, Persian
But there is a growing threat to that sunny economic backdrop: surging oil prices. Global oil prices are flirting with $92 a barrel amid worries about a wider war in the Middle East. US oil prices surged above $87 a barrel late last week for the first time since late October, leaving them up about 21% this year. First, drone attacks on oil refineries deep inside Russia helped lift oil prices last month. Beyond the Middle East tensions, oil and gas prices have been boosted by OPEC and its allies, which continue to restrain supply.
Persons: , , Mark Zandi, Moody’s, Donald Trump, Trump, ” Zandi, hasn’t, Andy Lipow, Brent, ” Helima Croft, Joe Brusuelas, ” Brusuelas, Brusuelas, Vincent Reinhart, Mellon, ” Reinhart, he’s, Patrick De Haan, ” De Haan Organizations: New, New York CNN, Federal Reserve, Wall, CNN, , Iranian Revolutionary Guards, Lipow Oil Associates, CIA, RBC Capital Markets, RSM, AAA, OPEC, Lipow Locations: New York, Iran, Russia, Syria, Israel, Quds,
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Helima Croft and Victoria GreeneHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Helima Croft, Victoria Greene, Brian Sullivan, Organizations: CNBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRBC's Helima Croft talks geopolitical threats and possible impacts on oil pricesHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Helima Croft, Brian Sullivan, Organizations: CNBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRBC's Helima Croft talks geopolitics' role in climbing oil pricesHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Helima Croft, Brian Sullivan, Organizations: CNBC
The noise is eerily reminiscent of Russian drone strikes on Ukraine, but this episode was recorded closer to Moscow than to Kyiv. As the object comes closer, it becomes clear: This is a Ukrainian drone, flying over Russian territory. Seconds later, the drone dives from the sky, smashing into a pipe-covered tower at a Russian oil refinery, exploding on impact. The strike on March 13, one of several on this facility alone, was part of a concerted Ukrainian effort to target Russian oil refineries with long-range drones. Ukrainian drones like these are now equipped with a basic form of Artificial Intelligence, according to a source close to Ukraine’s drone program.
Persons: CNN —, , , Noah Sylvia, ” Sylvia, Reuters Chris Lincoln, Jones, , we’ve, Helima Croft, ” Croft, Volodymyr Zelensky, Brent, Croft, Vasco Cotovio, they’re, Vasyl Maliuk, Putin Organizations: CNN, , Royal United Services Institute, Reuters, Ukrainian Defense Intelligence, Security Service of Ukraine, Kyiv, Intelligence, Autonomy, RBC Capital Markets, Ukraine, Washington, RBC Locations: Ukraine, Moscow, Kyiv, Ukrainian, Ryazan, Ryazan region, Russia, British, ” Ukraine, United States, Washington
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCroft: Ukrainian attacks on Russian refineries are a serious problem for global supplyRBC Capital's Helima Croft discusses what levers the Biden administration can pull as oil and gas prices steadily rise going into the summer driving season.
Persons: Helima Croft, Biden Organizations: RBC
CNN —Caroline Meister was an avid hiker familiar with the trails around the Tassajara Zen Mountain Center where she lived and worked, about 45 miles southeast of Monterey, California. Finally, on Friday, the 30-year-old’s body was found at the base of a waterfall. “And as the days rolled by this became more of a possibility.”Caroline Meister went missing while hiking in California. Monterey County Sheriff's OfficeAt a news conference Friday, Monterey County Sheriff Tina Nieto said no foul play is suspected. She’s also an avid hiker,” her father, John Meister, told KSBW on Tuesday.
Persons: Caroline Meister, , Paul, Tina Nieto, Nieto, , She’s, John Meister, KSBW Organizations: CNN, KSBW, Monterey County Sheriff's Locations: Monterey , California, San Jose, California, Monterey County
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCroft: Guyana has been a big driver of supply in the oil market, and is hugely important to ExxonRBC Capital's Helima Croft discusses the global importance of a giant oil block in Guyana, that's prompting a corporate dispute between Chevron and Exxon Mobil, and stoking geopolitical tensions.
Persons: Helima Croft Organizations: Exxon RBC, Chevron, Exxon Mobil Locations: Croft, Guyana
Yale apologizes for past ties to slavery
  + stars: | 2024-02-17 | by ( Jay Croft | ) edition.cnn.com   time to read: +3 min
CNN —Yale University has issued a formal apology for its historical ties to slavery. The apology is part of Yale’s “ongoing work to understand its history and connections to slavery,” the university said in a news release Friday. Yale also announced the release of a book, “Yale and Slavery: A History,” by professor David W. Blight with the Yale and Slavery Research Project, and a range of actions and initiatives based on the project’s findings. “Confronting this history helps us to build a stronger community and realize our aspirations to create a better future,” Yale President Peter Salovey said in the release. In April 2022, Harvard dedicated $100 million to research and redress its “extensive entanglements with slavery,” President Lawrence Bacow said.
Persons: Yale, , David W, Blight, , Peter Salovey, ” Yale, Lawrence Bacow, Brown, Woodrow Wilson Organizations: CNN — Yale University, “ Yale, Yale and Slavery Research, ” Yale, , Yale University, Connecticut, Yale, New Haven, Black, Slavery Research, Harvard, Harvard University, , Brown, Princeton Locations: New England
The Cape Ray shipwreck is an example of a wider phenomenon, experts say, where climate change-fueled storms are uncovering the world’s underwater history — but also destroying it. Shawn Bath, of the Clean Harbours Initiative, works to secure the shipwreck in Cape Ray, Newfoundland, Canada. Courtesy Shawn Trevor/Clean Harbours InitiativeA section of shipwreck that washed ashore is seen in Cape Ray, Canada. Forecasts suggest wind gusts of 25 mph around Cape Ray with waves up to 20 feet. In Cape Ray, Croft and Bath are doing all they can to protect the mysterious wreck.
Persons: Shawn Bath, Trevor Croft, ” Croft, Fiona, Shawn Trevor, Croft, Lisa Briggs, , , Briggs, ” Briggs, that’s Organizations: CNN, Cranfield University Locations: Newfoundland, Canada, Cape Ray, Coast, French, British, Bath, seabeds,
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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRBC's Helima Croft talks escalating military tensions between Venezuela and GuyanaHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Helima Croft, Brian Sullivan, Organizations: CNBC Locations: Venezuela, Guyana
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOPEC is 'not poised for anymore major departures', says RBC's Helima Croft following Angola's exitHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: RBC's Helima, Brian Sullivan, Organizations: OPEC, CNBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIran-backed attacks on the U.S. is a critical inflection point in the Middle East, says Helima CroftHelima Croft, Global Head of Commodity Strategy at RBC Capital Markets, discusses ongoing tensions in the Middle East and the resulting price of oil.
Persons: Helima Croft Helima Croft Organizations: Iran, Global, RBC Capital Markets
Kevin Dietsch | Getty ImagesCongressional lawmakers are demanding President Joe Biden strike Iran after three U.S. troops were killed Sunday night in Jordan in a drone strike claimed by the Islamic Resistance of Iraq, an Iranian-backed militia group. Iran has not commented on the attack, while Jordan's government denied it took place on its soil. "I am calling on the Biden Administration to strike targets of significance inside Iran, not only as reprisal for the killing of our forces, but as deterrence against future aggression," Republican Sen. Lindsey Graham said in a statement. Elmurod Usubaliev | Anadolu | Getty ImagesThe attack marks another regional escalation in a war that the Biden administration has tried to contain. Meanwhile, Lebanese Shia militia group Hezbollah and Israel are exchanging fire along the Israeli-Lebanese border, while Iran earlier this month struck targets in Iraq, Syria and Pakistan.
Persons: Lindsey Graham, Kevin Dietsch, Joe Biden, Republican Sen, Roger Wicker, Biden, Elmurod, Helima Croft Organizations: Sen, U.S, Capitol, Getty, Islamic, Hamas, Biden Administration, Republican, Senate Armed Services Committee, Anadolu, Lebanese Hezbollah, RBC Capital Markets Locations: Washington , DC, Iran, Jordan, Iraq, Iranian, U.S, Israel, Ankara, Turkiye, Yemeni, Gaza, Israel's, Yemen, Lebanese, Syria, Pakistan, Iraqi, United States
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNo indication U.S. strikes are changing calculation of the Houthis, says RBC's Helima CroftHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: RBC's Helima Croft, Brian Sullivan, Organizations: CNBC
LOS ANGELES (AP) — A woman has alleged that New York Knicks owner James Dolan sexually assaulted her a decade ago and then set her up to be molested by now-imprisoned film producer Harvey Weinstein, according to a federal lawsuit filed Tuesday in Los Angeles. When the tour traveled to Los Angeles, Dolan flew Croft there even though almost no tour members signed up for massage appointments, the lawsuit states. Weinstein is currently serving a 23-year sentence for a rape and sexual assault conviction in New York that is under appeal. The disgraced movie mogul also was found guilty in 2022 in Los Angeles and later sentenced to 16 years for the rape and sexual assault of an Italian actor and model known at the trial as Jane Doe 1. The Los Angeles case is also under appeal.
Persons: , James Dolan, Harvey Weinstein, Kellye Croft, Dolan, Croft “, Croft, Weinstein, Weinstein “, , ” Dolan, Danya Perry, “ Kellye Croft, ” Perry, Adam Silver, Silver, Jane Doe, Mr, Jennifer Bonjean, Anucha Browne Sanders, Isiah Thomas . Dolan, Thomas, Browne Sanders, David Stern, Charles Oakley, __ Mahoney, Beth Harris Organizations: ANGELES, New York Knicks, The Eagles, JD, Associated Press, Madison, Garden Sports Corp, Knicks, NHL’s Rangers, NBA, Garden, longtime Knicks, Madison Square Garden Entertainment, MSG, New York’s Arts, Cultural Affairs Locations: Los Angeles, New York, Italian, Madison, Inglewood , California
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