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Oil markets are nearing minimum operating levels in Asia, with Europe likely next and the U.S. potentially facing shortages by July, said Carlyle's Jeff Currie.
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"In the long run, it's a pretty dreadful industry," William de Gale of BlueBox Asset Management, told CNBC's Europe Early Edition on Wednesday.
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President Trump said Sunday that he will not "rush into a deal" to end the ongoing U.S.-Israeli war with Iran, after senior Republican lawmakers warned it could be a "disastrous mistake." It comes a day after the president said that a potential deal was "largely negotiated." NBC News' Raf Sanchez reports.
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Lawmakers, including some of President Trump's closest allies, slammed the emerging agreement as effectively undermining the president's own war goals.
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;Resize=(620)) Russia first used the multiple-warhead Oreshnik on the Ukrainian city of Dnipro in November 2024. It was used a second time in January in the western Lviv region.
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