CNBC Daily Open: Markets rally as Trump hints Iran war could end soon

CNBC Daily Open: Markets rally as Trump hints Iran war could end soon

US President Donald Trump visits to sign an executive order in the Oval Office of the White House in Washington, DC, March 31, 2026. Evan Vucci | Reuters Hi, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. Global markets weighed down by the US-Iran conflict continued … Read more

Rising oil prices can increase food costs – but hoarding groceries “makes it worse,” an economist says.

The 26-year-old works in a bookstore and lives on $53,000 a year in New York City.

Rising oil prices tend to drive up grocery costs, but that doesn’t mean consumers should rush out and save money, economists say. Brent crude has soared above $100 a barrel in recent weeks – after trading near $60 in January – as Iran’s war worsens the Strait of Hormuz, which transports a fifth of the … Read more