Oil prices will rise everywhere if Iran moves to close the Strait of Hormuz, says BCA's Marko Papic
Marko Papic, BCA Research macro and geopolitical analyst, joins 'Squawk Box' to discuss the latest developments in the Israel-Iran conflict, implications for U.S. and global markets, the role of U.S. in the conflict, and more.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Hill
18 minutes ago
- The Hill
Israel's attacks on Iran may lead to regime collapse, chaos: Trita Parsi
Iranian-Swedish writer Trita Parsi joins Rising to discuss the Iran-Israel conflict. #Iran #Israel #Trump #Netanyahu
Yahoo
22 minutes ago
- Yahoo
Hackers steal and destroy millions from Iran's largest crypto exchange
Iran's largest crypto exchange, Nobitex, said Wednesday that it was hacked and funds have been drained from its hot wallet. In a statement on its website translated by TechCrunch, Nobitex said it detected unauthorized access to its infrastructure and hot wallet, in which the company stores a portion of its customers' cryptocurrency. The company said it was investigating the incident, and that its website and app would be unavailable for the foreseeable future. Public records show the hackers stole at least $90 million of the company's assets over multiple transactions. Blockchain analysis firm Elliptic said the hackers 'burned' the stolen funds by sending the crypto to inaccessible wallets, effectively taking the money out of circulation. Nobitex has more than 10 million customers, according to an archived copy of Nobitex's website from last week. Pro-Israel hacking group Predatory Sparrow (also known in Farsi as 'Gonjeshke Darande') took credit for the cyberattack. In a post on X, the group said it targeted Nobitex for allegedly financing terrorism for the Iranian regime and evading international sanctions. A day earlier, the hacking group also claimed responsibility for a hack on Iran's Bank Sepah resulting in widespread outages at ATMs across the country. News of the cyberattacks comes as Israel and Iran attack each other's cities. It's not clear who is behind Predatory Sparrow, which first appeared in 2021, but the hacking group has targeted Iranian organizations with destructive cyberattacks in the past, and broadly appears aligned with Israeli interests. Iranian news outlet IRIB said Tuesday that amid the ongoing military conflict, Israel had 'launched a massive cyber war against [Iran's] digital infrastructure to disrupt the process of providing services.' Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNN
23 minutes ago
- CNN
Will Trump order US strike on Iran?
Will Trump order US strike on Iran? President Donald Trump declined to say whether he has decided on US military intervention in Iran. The US has been providing defensive support to Israel since the back-and-forth missile attacks began last week. 00:22 - Source: CNN Vertical Top News 13 videos Will Trump order US strike on Iran? President Donald Trump declined to say whether he has decided on US military intervention in Iran. The US has been providing defensive support to Israel since the back-and-forth missile attacks began last week. 00:22 - Source: CNN Anne Burrell dead at 55 Anne Burrell, a chef and television personality whose joyful demeanor made her a beloved fixture on the Food Network, has died, according to the network. She was 55. 00:38 - Source: CNN NYC mayoral candidate arrested at immigration court New York City Comptroller and mayoral candidate Brad Lander was released from federal custody Tuesday afternoon, hours after he was arrested by officers at an immigration court in Manhattan when he tried to escort a migrant whom officers were attempting to arrest. 01:48 - Source: CNN Trump's new phone looks a lot like one from China The Trump Organization says its upcoming T1 smartphone will be 'proudly designed and built in the United States.' But experts tell CNN they're skeptical that goal can be achieved-- and say the T1's specifications are strikingly similar to a Chinese-made phone already on the market. 01:07 - Source: CNN This is how the US could get involved in the Israel-Iran conflict CNN's Nick Paton Walsh reports on how the US could get involved in the conflict between Israel and Iran while the countries continue trading strikes for a sixth day, with civilians in flashpoint areas facing waves of attacks. 02:14 - Source: CNN Trump's sons announce mobile phone company Trump Mobile, a wireless service created by the Trump Organization, aims to rival US carrier companies like AT&T, Verizon and T-Mobile. The Trump Organization, run by President Donald Trump's eldest sons Eric and Donald Jr., announced the business and launched a new gold smartphone for pre-order. 01:09 - Source: CNN What Iranian residents are texting to CNN as strikes hit As Israeli strikes zeroed in on Iran's capital city of Tehran, CNN's Clarissa Ward reports from Tel Aviv some of the messages she's received from residents in Iran offering a glimpse into the daily anxieties of living in a country faced with an ever-escalating conflict in the sky. 01:33 - Source: CNN Minnesota suspect went to 4 state lawmaker homes night of shootings The suspect in the killing of a Minnesota lawmaker and her husband in addition to the shooting of another lawmaker and his wife also visited two more politicians' homes, according to authorities. 02:08 - Source: CNN Trump slams G7 for kicking out Russia President Donald Trump kicked off his visit to the G7 summit in Canada by criticizing nations for kicking out Russia eleven years ago. 00:36 - Source: CNN Iranian state television says it was attacked by Israel The studio complex of Iran's state news channel IRINN was struck by Israel on Monday, according to the country's state news agency. A loud explosion was heard while an anchor was presenting live on air, according to a live feed. 00:19 - Source: CNN The biggest moments from Karen Read murder trial closing arguments The jury is deliberating the fate of Karen Read in the murder trial of her Boston Police Officer boyfriend, John O'Keefe. CNN's Jean Casarez shares the biggest moments from closing arguments of the trial. 02:18 - Source: CNN Juror dismissed in Sean 'Diddy' Combs' criminal trial The judge in the Sean 'Diddy' Combs trial has dismissed juror No. 6 over the juror's inconsistent disclosures about where he lives and with whom. Juror No. 6 will be replaced by the first alternate juror. 01:44 - Source: CNN Scene outside assassinated state representative's home CNN's Whitney Wild is outside the home of Minnesota State Representative Melissa Hortman, who was shot and killed in a "politically motivated assassination" along with her husband early Saturday morning. Police are still searching for the suspect. 00:41 - Source: CNN
