Oil, Saudi Arabia
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The 10-year topped 5% for the first time since 2023 as the war in its seventh month chokes oil supply — with the U.S. debt above 100% of GDP..
Amos Hochstein, TWG Global managing partner and former Biden White House senior advisor, joins 'Squawk Box' to discuss the state of oil prices, impact of the Iran war and closure of Saudi Arabia's pipeline,
The key “affordability” rate briefly touched its highest level since 2007 on Monday.
AI stocks slid worldwide after leaders of the industry warned a slowdown is needed for the safety of humanity
Plus, Trump insists $5,000 checks will happen as Johnson says they need congressional approval. And a second federal judge blocks Trump's mail ballot order.
Traders sold oil futures on concerns that energy supplies from the Persian Gulf would be further diminished by a drone attack on a critical pipeline in Saudi Arabia.