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A major part of the fears is that the US’ influence with Israel has appeared to be steadily waning over the last year. Israel’s security cabinet has not yet reached a decision on how to proceed, an Israeli official told CNN on Friday. As of last week, Israel had not given any assurances that it would not target Iran’s nuclear facilities, CNN reported. Israel has for decades been planning attacks on Iran’s nuclear capabilities, and just two years ago simulated striking them in a military exercise. ‘Our strike will be powerful’Israel’s Defense Minister Yoav Gallant issued a strong warning to Iran about his country’s response on Wednesday.

Persons: CNN —, Israel, Joe Biden, Benjamin Netanyahu, Biden, Hassan Nasrallah, ”, “, Israel —, Yoav Gallant, ” Gallant, Jordan, Abbas Araghchi, Al, Netanyahu “, Araghchi, it’s, Ben Gurion, CNN’s Kayla Tausche, Dania Karni, Katie Bo Lillis Organizations: CNN, Israel, Wednesday, United Arab, US, Israel’s, Iran’s, Zionist Locations: Tehran, Israel, United Arab Emirates, Bahrain, Qatar, Arab, Iran, Damascus, Gaza, Lebanon, Beirut, France, cyberattacks, Saudi Arabia, Jordanian, backchannels, Washington, Yom, Tel Aviv

☆ Iran is threatening to break its fragile truce with Saudi Arabia: reports
▼ + stars: | 2024-10-11 | by ( Tom Porter | ) www.businessinsider.com time to read: +5 min

Iran has threatened to attack Saudi oil sites if the Gulf state supports an Israeli attack. AdvertisementThe fragile truce between longtime regional rivals Iran and Saudi Arabia could unravel if Gulf states allow Israel to use their airspace to strike Iran. He reportedly told the officials that Iranian-backed militias in Iraq or the Houthi militia in Yemen could be deployed against Saudi Arabia. It named Jordan, the United Arab Emirates, Saudi Arabia, and Qatar, all of which host US military bases, as countries Iran has threatened with reprisals. GetyAn Iranian attack would likely upend the truce brokered between Iran and Saudi Arabia by China in 2023 that saw the longtime rivals establish diplomatic contacts.

Persons: Abbas Araghchi, —, Ali Shihabi, Jordan, Naftali Bennet, they'd, Mohammed bin Salman's, may've, hasn't, Brent, Vladimir Putin's Organizations: Iranian Foreign Affairs, Reuters, Service, Iran, Foreign, Saudi, Street, United Arab, Hamas, European Council for Foreign Relations, Opec Locations: Iran, Saudi, Saudi Arabia, Israel, Riyadh, Islamic Republic, Iraq, Yemen, United Arab Emirates, Qatar, Lebanon, Syria, Gulf, Iranian, China, Ukraine

☆ Oil oversupply could send prices tumbling in 2025, energy analyst says
▼ + stars: | 2024-10-10 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Oil could see a decline to a "much, much" lower price, according to crude analyst Tom Kloza. Oversupply will weigh on oil prices in 2025, Kloza predicted. AdvertisementThe oil market is headed into a troubled year in 2025, and crude prices may fall "much, much" lower, according to Tom Kloza, global head of energy analysis at Oil Price Information Service. The oil analyst said crude prices would experience more downward pressure in 2025 despite concerns that conflict in the Middle East could escalate and send prices higher. "It was pointing lower, and I think it's still pointing lower.

Persons: Tom Kloza, Kloza, —, Goldman Sachs, Brent Organizations: Service, Oil Price Information Service, Traders, CNBC, Energy Information Administration, Giants, Jets Locations: Saudi Arabia, Iraq

Simon & Schuster“That fucking Putin,” Biden said to advisers in the Oval Office not long after Russia’s invasion of Ukraine, according to Woodward. “This is what Putin plans to do,” CIA Director Bill Burns said to Biden, according to Woodward. Woodward asked Trump aide Jason Miller whether Trump and Putin had spoken since he left the White House. I wouldn’t purport to speak to what President Trump may or may not have done,” Haines said, according to Woodward. As Trump framed his presidential campaign around fear, Woodward writes that Graham said of the former president: “Trump is becoming more erratic.

Persons: CNN —, Bob Woodward, Joe Biden’s, Benjamin Netanyahu, Vladimir Putin, Bibi Netanyahu, he’s, ” Biden, Woodward, Simon, Schuster, Putin, “ Putin, ”, Donald Trump’s, Putin –, Trump, Biden, Netanyahu, Hunter Biden’s, – Woodward, – Biden, “, General Merrick Garland, Barack Obama’s, Barack, ’ Woodward, ” Woodward, Joe Biden, Brendan Smialowski, —, Bill Burns, I’ve, Putin “, Volodymyr Zelensky, Kamala Harris, Harris, Zelensky, Alex Wong, Jake Sullivan, Lloyd Austin, ” Austin, Sergei Shoigu, ” Shoigu, “ Mr, ” Colin Kahl, Abbott, Putin —, Covid —, ” Putin, ” Trump, Donald Trump, Trump’s, Jason Miller, ” Miller, National Intelligence Avril Haines “, ” Haines, ‘ Trump, Sen, Lindsey Graham, ” Graham, Biden “, “ You’ve, you’ve, ” “, Graham, “ Trump, ” ‘ Bibi, Israel, ” Netanyahu, “ Bibi, ’ ” Biden, Saudi Arabia’s Crown Prince Mohammed bin Salman, State Anthony Blinken, Blinken, Antony Blinken, Saudi Crown Prince Mohammed bin Salman, Evelyn Hockstein, Woodard, bin Salman, JAKE SULLIVAN, ” ‘, Garland ’, George W, Bush, Obama, Merrick Garland, ” Bush, Garland, Hunter Biden, “ Hunter, Biden —, ” Blinken, You’ve, that’s, Kevin Dietsch, ” Harris, Joe Manchin Organizations: CNN, Trump, Putin, White House, Villa, Grange, Getty, CIA, Munich Security Conference, ”, White, Pentagon, Russia, National Intelligence, South Carolina Republican, Iranian Revolutionary Guard Corps, Iran, Saudi Arabia’s Crown, State, MBS, Saudi Crown, South, Saudi, “ TRUMP, Biden, intel, Justice Department, Democratic Party, Democratic, Democratic National Convention, United Center Locations: Gaza, Ukraine, Afghanistan, Crimea, Russia, Geneva, AFP, “, Washington , DC, Russian, United States, Helsinki, North Korea, ”, Israel, Rafah, Syria, Iran, Saudi Arabia, Jordan, Beirut, Ula, Saudi, Palestinian, South Carolina, Chicago

☆ Why oil and gas markets are dreading the risk of supply disruption in the Strait of Hormuz
▼ + stars: | 2024-10-08 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +5 min

In 2022, oil flow in the Strait of Hormuz averaged 21 million barrels per day, according to the U.S. Energy Information Administration (EIA). Saul Kavonic, senior research analyst at MST Financial, said supply disruptions along the Strait of Hormuz could send oil prices significantly higher. Oil prices traded more than 3% on Monday, extending gains even after notching their sharpest weekly gain since early 2023 last week. "But seeing where the oil price sits right now the market doesn't seem to hold much probability for such a development at all," he added. "A significant disruption to these flows would be enough to push oil prices to new record highs, surpassing the record high of close to $150/bbl in 2008," he added.

Persons: Alan Gelder, Wood Mackenzie, CNBC's, Iraq —, Gelder, Saul Kavonic, Kavonic, Bjarne Schieldrop, SEB, Brent, Schieldrop, Warren Patterson, Patterson Organizations: Nurphoto, U.S . Energy Information Administration, Energy, Brent, U.S, West Texas, ING, bbl, United Arab Emirates, Space Shuttle Columbia Locations: Persian, Bushehr, Iran, Hormuz, Oman, Strait, Israel, Saudi Arabia, Kuwait, Iraq, UAE, Gulf, Muscat

☆ Airbus' game-changing A321XLR will enter service soon. These airlines have already announced routes with the new plane, including 3 to the US.
▼ + stars: | 2024-10-08 | by ( Taylor Rains | ) www.businessinsider.com time to read: +5 min

Airlines, including Iberia, Wizz Air, and Aer Lingus, have announced their first A321XLR routes. Irish carrier Aer Lingus said in October that it will launch its first A321XLR flight between Dublin and Nashville in April. The eight-and-a-half-hour route is a niche nonstop for the industry, with Aer Lingus as the only operator. Related storiesOther potential A321XLR routesWhile only a handful of A321XLR routes are officially on the books, many previously unserved city pairs could fit the bill, airlines have said. Qantas' list of potential A321XLR routes includes routes like Brisbane to Tokyo, Perth to the Maldives, and Melbourne to Bangkok.

Persons: —, Wizz's, Thomas Pallini, America — Organizations: Airbus, Airlines, Aer Lingus, Service, Airbus A321XLR, Spanish, Iberia, Boston, Washington Dulles, Wizz, London, United, Irish, Nashville, Saudia, Business, JetBlue Airways, JetBlue Airways Airbus, Australia —, Qantas, Jetstar, JetSMART Locations: Iberia, Wizz, Madrid, Washington, London Gatwick, Jeddah, Saudi Arabia, Milan, Abu Dhabi, United Arab Emirates, Dublin, Barcelona, Rome, Brussels, Maldives, Dakar, Senegal, New York, Boston, Los Angeles, San Francisco, Europe, Aer, United, Las Vegas , Houston, Australia, Asia, Brisbane, Tokyo, Perth, Melbourne, Bangkok, South, America, Chile, Miami

☆ The 9 Elements of a Trump Rally
▼ + stars: | 2024-10-08 | by ( Ian Prasad Philbrick | Ashley Wu | ) www.nytimes.com time to read: +89 min

We have some voters, they’re for us, but they’ve never voted and they’re going to want to vote. There’s something wrong with Kamala and I just don’t know what it is, but there is definitely something missing. They’re going to get him in Florida.” It was always… That seemed to be the documents case. That’s great. They’re great.

Persons: there’s, I’m, It’s, Joe Biden, Kamala Harris, “, Trump, we’re, would’ve, Tim Walz, Biden, I’d, Rasmussen, We’re, David, they’re, they’ve, They’ll, You’re, “ You’ll, haven’t, she’s, everyone, David McCormick, Bob Casey, David’s, everybody’s, ”, we’d, Kamala, Oprah, doesn’t, I’ve, we’ve, Joe, Rachel Morin, who’s, that’s, Kamala let, … She’s, can’t, it’s, he’s, He’s, Wall, must’ve, ’ Kamala, Lyin, She’s, Donald Trump, “ I’m, Barack Hussein Obama, …, Obama, Hunter, Uncle Sam, Crooked Joe Biden, document’s, Sam, bah, what’s, David Muir, “ We’re, They’re, won’t, Mike Kelly, Kelly, Mike, Lyin ’ Kamala Harris, El Salvador, you’ve, he’ll, “ You’re, Donald, don’t, Don’t, Crazy Nancy Pelosi, Nancy Pelosi, Billy Graham, Franklin, “ Gee, Lyin ’ Kamala, Elon, Tesla, you’re, God, Sean O’Brien, I’ll, That’s, “ Donald Trump, Alphonse Capone, Alphonse, “ They’re, they’ll, Let’s, should’ve, Emerson, ” David, Dave McCormick, Dave, He’ll, Nick Langworthy, Nick, JD Longo, JD, we’ll, Corey, “ I’ve, Butler, Nobody, Tom, didn’t, Cory, Trumper, There’s, We’ve, “ Kamala, Go, San Francisco Kamala, Ronald Reagan couldn’t, Shawn Fain, It’ll, anybody’s, We’ll, Crooked Joe Organizations: Trump Republicans, Alabama, NFL, United, Democrat, Commonwealth, CPA, Border Patrol, Covid, ISIS, Space Force, Visa, Justice Department, National Guard, Green, Deal, Teamsters, of Police, New York Times, …, Nassau Coliseum, Slippery Rock, ICE, California, we’ll, Trump Reciprocal Trade, teamsters, US Steel, of Education, Black Colleges, Universities, Trump, Washington DC, America Locations: Pennsylvania, Commonwealth, Florida , Georgia, Alabama , Tennessee, Western North Carolina, Delaware, San Francisco, Erie , Pennsylvania, Alabama, Georgia, Wisconsin, United Nations, Iran, Erie County, Mexico, Tijuana, America, South America, Congo, Africa, United States, Asia, Yemen, California, Hollywood, Let’s, North Carolina, Russia, McDonald’s, New York, Ohio, Michigan, . Pennsylvania, Charleroi, Charleroi , Pennsylvania, … Charleroi, Harris, El, West Virginia, ”, China, Iowa, Philadelphia, Detroit, Atlanta, Florida, United States of America, Pennsylvania , Arizona , Wisconsin, Arizona, Slippery, Butler, That’s, San, Saudi Arabia, Japan, Ukraine, Washington

Nintendo has kept players interested in its ageing Switch console series through key games with characters such as Super Mario and Zelda. Saudi Arabia's Public Investment Fund (PIF) trimmed its holding in Nintendo Co., a day after reports that a senior executive at the kingdom's mammoth sovereign wealth fund said it was considering upping its stake. The PIF reduced its stakehold in the Japanese video game giant to 7.54% from 8.58% previously, according to a Japanese regulatory filing. Saudi Crown Prince Mohammed bin Salman is also the chairman of Savvy Games Group. Nintendo has been grappling with a slowing console gaming market and an aging product by way of its flagship Switch hybrid console — its best-selling gear ever, which sold 143.4 million units worldwide.

Persons: Mario, Zelda, Prince Faisal bin Bandar, Saud —, —, Prince Faisal, Prince Mohammed bin Salman, it's Organizations: Nintendo, Saudi Arabia's Public Investment Fund, Nintendo Co, Games, Tokyo, Kyodo, Games Group, Microsoft, Sony Locations: Sultan, Saudi Arabia, Saudi

☆ AI is powering Saudi Arabia’s next wave of economic growth
▼ + stars: | 2024-10-07 | by ( Joshua Korber Hoffman | ) edition.cnn.com time to read: 1 min

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☆ A year on from October 7, the Middle East is facing its greatest upheaval in a half-century
▼ + stars: | 2024-10-07 | by ( Nic Robertson | ) edition.cnn.com time to read: +8 min

Propelled by US incentives, Saudi Arabia and Israel seemed closer than ever to a historic normalization of relations. It was October 10, and Major General Itai Veruv of the Israel Defense Forces (IDF) was leading the first international press access to see the devastation of Hamas’ attacks. Israel's Prime Minister Benjamin Netanyahu is unwilling to be a partner in a deal that would resow Middle East relations. Nearly 42,000 Palestinians in Gaza have been killed, many by US bombs and bullets in Israel’s hands, authorities in Gaza say. Tehran’s Shia proxies in Iraq have also answered its calls and begun escalating drone attacks on Israel.

Persons: Butchery, Yahya Sinwar, Itai Veruv, General Eisenhower, Benjamin Netanyahu, Jack Guez, haven’t, Israel’s, Netanyahu, Joe Biden’s, Hassan Nasrallah, Israel –, Biden, Mohammed Bin Salman, Anwar Gargash, cleaver Organizations: CNN, Hamas, Aza, Israel Defense Forces, Israel's, Getty, West Bank, Saudi, Saudi’s Crown, MBS Locations: Israel, Saudi Arabia, Gaza, AFP, Lebanon, Iran, United States, Tehran, Tel Aviv, Iraq, Saudi, Palestinian, UAE

☆ China released a blitz of stimulus measures to boost its economy. Now begins the balancing game.
▼ + stars: | 2024-10-07 | by ( Huileng Tan | ) www.businessinsider.com time to read: +7 min

AdvertisementVarious Chinese ministries and local governments are likely to roll out a variety of stimulus measures in the coming weeks — useful or not, they added. China still has a massive property problem that's unlikely to be solved with one set of stimulus measures. China's stock markets, which are dominated by retail investors fixated on social media, are blistering hot. China's stock markets are closed for weeklong National Day public holidays and are set to reopen on Tuesday. "Stimulus measures could add more fuel to the fire when stock markets are already heated.

Persons: —, it's, Nomura, Freya Beamish, Rory Green, Ben Harburg, Larry Hu, Hu, Magdalena Polan, Polan, China's Organizations: Service, Global Data.TS, —, MSA, Macquarie Group, CSI, Nomura Locations: China, Saudi Arabia, Beijing, Harburg

☆ Israel's strike back at Iran could hurt the Harris campaign in its final stretch if gas prices soar
▼ + stars: | 2024-10-05 | by ( Brent D. Griffiths | Chris Panella | ) www.businessinsider.com time to read: +12 min

The move could drive oil prices up further, creating a headache for Harris' campaign. If Israel did strike Iran's oil, it would likely have two main targets. Then, on Thursday, he said the US and Israel were discussing whether the US would support Israel striking Iran's oil facilities. Biden has indicated there are conversations between the US and Israel about whether Iran's oil facilities are a legitimate retaliatory strike option. Back in September, global oil prices fell to the lowest level in almost three years, and the US has seen a historic year of oil production.

Persons: Israel, Harris, —, Kamala Harris, Patrick De Haan, De Haan, Clay Seigle, Siegle, ATTA KENARE, Kit Haines, Haines, Hassan Nasrallah, Ismail Haniyeh, Biden, Benjamin Netanyahu, Netanyahu, Wisam, Seigle, Joe Biden, backtrack, Michael M, Nicholas Carl, there's, Privately, JIM WATSON Organizations: Service, Incumbents, Getty, Analysts, Energy, Wednesday, National Iranian Tanker Company, American Enterprise, Business, Publicly Locations: Iran, Israel, Ukraine, Tehran, Yemen, AFP, Hormuz, Saudi, Anadolu, Russia

☆ Goldman Sachs says crude could spike by $20 on Iran oil shock
▼ + stars: | 2024-10-04 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +4 min

The oil tanker 'Devon' prepares to transfer crude oil from Kharg Island oil terminal to India in the Persian Gulf, Iran, on March 23, 2018. Oil prices could shoot up $20 per barrel if Iranian production sees a hit resulting from Israeli retaliation, according to Goldman Sachs. U.S. crude oil prices just saw a third consecutive session of gains after Iran launched a ballistic missile attack on Israel, heightening tensions in the region. If Israel hits Iran's oil industry, supply disruptions in the Strait of Hormuz could become of concern, other analysts echoed. This strategically significant waterway connects crude oil producers in the Middle East with major global markets.

Persons: Struyven, Daan Struyven, Goldman Sachs, CNBC's, Saul Kavonic, Joe Biden, Brent Organizations: U.S . Energy Information Administration, Oil, CNBC, White, bbl, USD150, Fitch Solutions, BMI Locations: Devon, India, Persian Gulf, Iran, Saudi Arabia, UAE, Israel, U.S, China, Hormuz, Strait, Oman, OPEC

☆ Head of LinkedIn MENA discusses new sentiment survey
▼ + stars: | 2024-10-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHead of LinkedIn MENA discusses new sentiment surveyAli Matar, head of LinkedIn MENA and EMEA growth markets, discusses how professionals in the UAE, Saudi Arabia and globally are navigating workplace changes.

Persons: Ali Matar Organizations: LinkedIn Locations: UAE, Saudi Arabia

ReutersLebanon’s Foreign Minister Abdallah Bou Habib told CNN that Hezbollah leader Hassan Nasrallah had agreed to a 21-day ceasefire just days before he was assassinated by Israel. “He [Nasrallah] agreed, he agreed,” Habib told Christiane Amanpour in an interview aired on Wednesday. ]”White House senior adviser Amos Hochstein was then set to go to Lebanon to negotiate the ceasefire, Habib continued. We need the United States’ help. Whether we get it or not, we’re not sure yet, but [the] United States is very important, vital for the ceasefire to happen,” said Habib.

Persons: Hassan Nasrallah, Abdallah Bou Habib, Israel, Joe Biden, Emmanuel Macron, Nasrallah, ” Habib, Christiane Amanpour, “, Nabih Berri, Benjamin, Netanyahu, Biden, Macron, Amos Hochstein, Habib, Washington, ”, we’re Organizations: Reuters Lebanon’s, CNN, US, UN, Assembly, White House, European Union, United Arab Emirates, United Locations: Sidon, Lebanon, Beirut's, Lebanese, Beirut, United States, France, Australia, Canada, Germany, Italy, Japan, Saudi Arabia, United Kingdom, Qatar, States

☆ Hezbollah leader agreed to temporary ceasefire days before assassination, says Lebanese FM
▼ + stars: | 2024-10-03 | by ( Pauline Lockwood | Manveena Suri | ) edition.cnn.com time to read: +4 min

CNN —Lebanon’s Foreign Minister Abdallah Bou Habib told CNN’s Christiane Amanpour that Hezbollah leader Hassan Nasrallah had agreed to a 21-day ceasefire just days before he was assassinated by Israel. “He [Nasrallah] agreed, he agreed,” Habib told Christiane Amanpour in an interview aired on Wednesday. ]”White House senior adviser Amos Hochstein was then set to go to Lebanon to negotiate the ceasefire, Habib continued. A second source familiar with the talks agreed that the US was aware that Hezbollah was agreeing to the ceasefire. We need the United States’ help.

Persons: CNN —, Abdallah Bou Habib, CNN’s Christiane Amanpour, Hassan Nasrallah, Israel, Joe Biden, Emmanuel Macron, Nasrallah, ” Habib, Christiane Amanpour, “, Nabih Berri, Benjamin, Netanyahu, Biden, Macron, Amos Hochstein, Habib, Matthew Miller, ” Miller, Benjajmin Netanyahu, Washington, ”, we’re Organizations: CNN, CNN — Lebanon’s, US, UN, Assembly, White House, European Union, United Arab Emirates, ”, Biden, United Locations: Lebanon, Lebanese, Beirut, United States, France, Australia, Canada, Germany, Italy, Japan, Saudi Arabia, United Kingdom, Qatar, Israel, States

☆ Oil rises as Middle East conflict deepens, gains capped by global supply outlook
▼ + stars: | 2024-10-03 | by ( ) www.cnbc.com time to read: +2 min

Oil prices ticked higher in early trade on Thursday as investors weighed the escalating conflict in the Middle East and the potential for disruption to crude flows, against an amply-supplied global market. But an unexpected build in U.S. crude inventories on Wednesday helped ease some supply concerns and curbed oil price gains. Some investors remained unfazed as global crude supplies have yet to be disrupted by unrest in the key producing region, and spare OPEC capacity tempered worries. OPEC has enough spare oil capacity to compensate for a full loss of Iranian supply if Israel knocks out that country's facilities. "The effectively available spare capacity might be much lower if renewed attacks on energy infrastructure on countries in the region happen," said Giovanni Staunovo, analyst at UBS.

Persons: derek, East, Jim Simpson, Giovanni Staunovo Organizations: Brent, . West Texas, Energy Information Administration, ANZ, East Daley Analytics, Reuters, OPEC, UBS Locations: Kuwait, Saudi Arabian, Israeli, Beirut's Bachoura, Iran, Israel, Palestine, Lebanon, Gulf

☆ Oil prices could surge 161% if Middle East conflict wipes out Iran's energy infrastructure, commodity chief says
▼ + stars: | 2024-10-03 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Oil prices could surge past $200 a barrel if Iran's oil installations are taken offline, a chief commodities expert said. AdvertisementOil prices could roar past $200 a barrel if escalating tensions in the Middle East decimate Iran's crude output, a chief commodities analyst told CNBC. In the $200 per barrel scenario, Brent crude, the international benchmark, would gain 161% from its current price. Still, some investors are betting on the possibility of damaged oil output, Bloomberg reports. These restrictions were introduced to prop up oil prices, but have cost the alliance market share.

Persons: —, SEB's Bjarne Schieldrop, Schieldrop, Brent, Bob McNally, haven't Organizations: Service, CNBC, Traders, Bloomberg Locations: Iran, Hormuz, Israel, Lebanon, Libya, OPEC, Saudi Arabia, Riyadh

☆ Next solar eclipse: When and where to view the celestial event
▼ + stars: | 2024-10-03 | by ( Jackie Wattles | Ashley Strickland | ) edition.cnn.com time to read: +4 min

The silvery orb is near or at the farthest point in its orbit from our planet, so it can’t completely block the sun as it does during a total solar eclipse. Another annular solar eclipse will arrive on February 17, 2026. Finally, a total solar eclipse — such as the one that drew millions of spectators across North America last April — will once again grace the skies on August 12, 2026. To witness any of these solar eclipse events, be sure to use certified eclipse glasses or a handheld solar viewer to shield your eyes from the sun’s harmful rays and observe the event safely. But don’t look through any optical device — camera lens, telescope, binoculars — while wearing eclipse glasses or using a handheld solar viewer, according to NASA.

Persons: —, Greg Wood Organizations: CNN, South America, NASA, North America, Getty, New Zealand, Democratic Locations: South, United States, Canada, Greenland, Iceland, Europe, Africa, Oceania, New Zealand, Fiji, Australia, Antarctica, South America, Cove, AFP, Russia, Spain, Portugal, North America, New, Namibia, Botswana, South Africa, Lesotho, Nigeria, Cameroon, Chad, Sudan, Egypt, Saudi Arabia, Iran, Afghanistan, Pakistan, India, China, North Korea, South Korea, Japan, Angola, Democratic Republic of Congo, Uganda, Kenya, Somalia, Malaysia, Indonesia, Brunei, Philippines

☆ $100 oil could be the October surprise no one wanted
▼ + stars: | 2024-10-03 | by ( Matt Egan | ) edition.cnn.com time to read: +7 min

New York CNN —The Middle East is in chaos, and the oil market is remarkably calm about it. The chill reaction in the oil market reflects a boy-who-cried-wolf mindset that has set in. Even just two years ago, oil prices skyrocketed to $130 a barrel in March 2022 after Russia invaded Ukraine. Oil prices skyrocketed in 2019 when Saudi oil facilities were damaged in an attack that US officials blamed on Iran. A disruption in the Strait of Hormuz could send oil prices above $100 a barrel, according to ClearView.

Persons: ”, Bob McNally, “, It’s, McNally, George W, Bush, Israel, ” Helima, Joe Biden, Croft, internationalize, Kevin Book, ClearView, it’s, Biden Organizations: New, New York CNN, Investors, Rapidan Energy Partners, Israel, RBC Capital Markets, CNN, CIA, ClearView Energy Partners, International Energy Agency, RBC, Strategic Petroleum Reserve, Citigroup, Citi Locations: New York, Iran, China, OPEC, Saudi Arabia, Russia, United States, ” Helima Croft, Ukraine, Israel, Saudi, Strait, Hormuz, Riyadh, Persian

☆ Adam Neumann's new startup is reworking WeWork's old business model
▼ + stars: | 2024-10-03 | by ( Grace Eliza Goodwin | Geoff Weiss | ) www.businessinsider.com time to read: +6 min

Workflow has a different business strategy than Neumann's previous company, Bloomberg reports. Neumann told the outlet that investors at Andreessen Horowitz will help keep him disciplined. Ben Bergman/BI"The lack of community and the disconnection that people feel is even more relevant today" than in the days of WeWork, Neumann told Bloomberg of Workflow. Neumann says he's learned his lessonCritics didn't just zero in on WeWork's business model but also on Neumann's management. We're really not sure that we know the answer, therefore we're taking our time," Neumann told Bloomberg.

Persons: Adam Neumann, Neumann, Andreessen Horowitz, —, WeWork, he's, WeWork's, Insider's Ben Bergman, Ben Bergman, Justin Sullivan, Ben Horowitz, Marc Andreessen, Andreessen, Noam Galai, TechCrunch Neumann, We're Organizations: Bloomberg, Service, Fort, Business, Flow, TechCrunch Locations: Fort Lauderdale, Miami, Atlanta, Nashville, Riyadh, Saudi Arabia, WeWork's

☆ Jeddah Tower: Construction of world’s tallest skyscraper resumes
▼ + stars: | 2024-10-03 | by ( Oscar Holland | ) edition.cnn.com time to read: +5 min

CNN —Construction of Saudi Arabia’s kilometer-high Jeddah Tower, which will become the world’s tallest skyscraper upon completion, has resumed almost seven years after work ground to a halt amid a kingdom-wide anti-corruption purge. His family’s firm, which also owns a stake in the Jeddah Tower project, has been rehired to complete the construction work. Designed for extremesFormerly known as Kingdom Tower, the skyscraper broke ground in 2013 and was initially expected to be completed by 2020. The architect’s Chicago-based practice, Adrian Smith + Gordon Gill, has said the tower’s shape “evokes a bundle of leaves shooting up from the ground.”Work halted on the unfinished Jeddah Tower in 2018. Jeddah Tower will be the crown jewel of a wider 57-million-square-foot, $20-billion development dubbed Jeddah Economic City.

Persons: Prince Mohammed bin Salman’s, JEC, Saudi Prince Alwaleed bin Talal, Alwaleed, “, Bakr, Laden, Osama bin Laden, Adrian Smith, Gordon Gill, Amel, ” Adrian Smith, JEC’s, Hisham Jomah, ”, Jomah Organizations: CNN, Jeddah Economic Company, Saudi, Kingdom Holding Company, ”, Kingdom Holding, Saudi Binladen Group, Newsweek, Maxar, Jeddah Economic Locations: Saudi, Jeddah, Saudi Prince, Dubai, Burj Khalifa, Chicago, Medina, Mecca, “

Vice presidential candidates JD Vance and Tim Walz faced off in their first and only debate Tuesday night, squaring off over everything from foreign policy and the economy to the 2020 election and abortion rights. Contemporaneous newspaper reports — first reported by Minnesota Public Radio News and APM Reports — place Walz in Nebraska at the time. Fact-check: Is housing 60% more expensive during the Biden administration? “Iran, which launched this attack, has received over $100 billion in unfrozen assets thanks to the Kamala Harris administration," Vance said. As part of a prisoner exchange the Biden administration negotiated with Iran last year, $6 billion more in Iranian assets were unfrozen.

Persons: Vance, Tim Walz, Walz, “, America —, ”, —, That’s, Kamala Harris, Biden, Harris, hasn’t, " Walz, Harris “, she’s, Donald Trump’s, You’ve, Donald Trump, Obama, Harris wasn’t, unfroze, Trump, Trump “, I’ve, Mike Pence Organizations: America, CNN, Minnesota Public Radio, APM, U.S, Center for American Progress, Economic, Global, Washington Post, Social Security, Immigration, Department of Homeland Security, NBC News, Biden, Democratic, Health Affairs, Customs, Capitol, Centers for Disease Control, Minnesota Health Locations: China, Nebraska, Hong Kong, Beijing, Russia, Saudi Arabia, Ireland, Norway, Spain, Lechleitner, U.S, Iran, Minnesota, ”

☆ Oil prices rise on escalating attacks in the Middle East
▼ + stars: | 2024-10-02 | by ( ) www.cnbc.com time to read: +2 min

Storage tanks and oil processing facilities operate at Saudi Aramco's Ras Tanura oil refinery and terminal in Ras Tanura, Saudi Arabia, on Oct. 1, 2018. Oil prices rose on Wednesday on fears conflict in the Middle East could turn into a wider war and disrupt oil supply from the key producing region after Iran fired ballistic missiles at Israel. Iran's oil output rose to a six-year high of 3.7 million barrels per day in August, ANZ added. "Iran accounts for about 4% of global oil output, but an important consideration will be whether Saudi Arabia increases production if Iranian supplies were disrupted." "Any suggestion that production hikes will proceed could offset concerns of supply disruptions in the Middle East," ANZ's note said.

Persons: Brent, Israel, Benjamin Netanyahu, Joe Biden Organizations: U.S, West Texas, Organization of, Petroleum, ANZ Research, ANZ, Israel, . Security, American Petroleum Institute Locations: Saudi, Ras Tanura, Saudi Arabia, Iran, Israel, Lebanon, Tehran, OPEC, Russia, U.S

☆ The US economy teeters after it's hit by a triple threat: Middle East escalation, port closures, and Hurricane Helene
▼ + stars: | 2024-10-02 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

A dockworkers strike begins. Back in the States, a dockworkers strike could upend an economy finally on the mend. Tuesday morning marked the start of a dockworkers strike that will shutter dozens of US ports that handle about half of all US ocean imports. The Iranian attack was largely thwarted, and the dockworkers strike could be short-lived. That's thanks in part to strong demand in China.

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