President Donald Trump (L), and JP Morgan CEO, Jamie Dimon. Reuters JPMorgan Chase CEO Jamie Dimon said Monday that while President Donald Trump’s lawsuit seeking $5 billion in damages for shuttering his accounts was without merit, he sympathized with the president’s anger over the episode. Trump is accusing JPMorgan and others of closing his accounts…
Qatar’s state-owned energy giant, QatarEnergy, announced on Monday that it had suspended liquefied natural gas (LNG) production following Iranian drone attacks on two of its key processing facilities. The halt affects operations at Ras Laffan Industrial City, the world’s largest LNG complex, and Mesaieed Industrial City, both critical hubs for the Gulf state’s gas output.Qatar’s…
After dipping over the weekend as the U.S. began strikes against Iran, bitcoin BTC$69,180.48 shot higher on Monday, at one point nearing $70,000 before pulling back to the current $69,000. While any rally in bitcoin is welcome by the bulls, today’s move comes after a relentless months-long slide that has halved the price and weighed…
NEW DELHI: Over 2,000 people, including 1,600 students, were evacuated on Monday after a major oleum gas leak from a chemical unit in Maharashtra’s Palghar district left dense white fumes hanging over a five-kilometre radius, officials confirmed.The leak, which occurred around 2pm at Bhageria Industries Ltd in the Boisar MIDC industrial area.Palghar district collector Dr…
Ken Griffin, CEO of Citadel LLC speaks on Squawk on the Street at the World Economic Forum in Davos, Switzerland on Jan. 21, 2026. Oscar Molina | CNBC Billionaire investor Ken Griffin’s various hedge funds at Citadel generated positive returns in February, navigating a volatile month for markets as macro uncertainty and disruption from artificial intelligence…
Oil prices surged sharply on Monday as disruptions to tanker traffic through the Strait of Hormuz heightened concerns over global energy supply amid US and Israeli attacks on Iran. US crude jumped 7.6 per cent to $72.12 per barrel, while Brent crude rose 8.6 per cent to $79.11 per barrel. European natural gas futures also…
By Omkar Godbole (All times ET unless indicated otherwise) The conflict between U.S., Israel and Iran remains the day’s biggest story as the attacks intensify and spread. Markets reacted as they typically do: by de-risking and sending oil prices higher. Bitcoin BTC$66,024.52 dropped to $66,300, down 0.5% over 24 hours, having hit a high of…
The US confirmed that three American F-15E jets were accidentally shot down by Kuwait amid escalating Iranian missile and drone attacks across the region. An Indian national was killed after the oil tanker MKD VYOM was struck by an unmanned boat off Oman’s coast, triggering an explosion and fire onboard. Prime Minister Narendra Modi urged…
A monitor plays footage of US President Donald Trump announcing US and Israeli strikes against Iran in the James Brady Press Briefing Room of the White House in Washington, DC, U.S., on Saturday, Feb. 28, 2026. Bloomberg | Bloomberg | Getty Images BEIJING — Uncertainty is growing over U.S. President Donald Trump‘s high-stakes trip to…
The Middle East is on a boil and concerns are raising on what it might mean for India. New Delhi imports nearly 88% of its crude oil needs, so any disruption in global supplies can quickly push up its oil bill and fuel inflation. Fresh security concerns around the Strait of Hormuz have already driven…
