CNBC Daily Open: Fragile rebound in oil exports threatened by Iran attacks in Hormuz

Nearly 20 commercial ships, mostly tankers, have come under attack over the past month while sailing through Hormuz, the Persian Gulf or off the coast of Oman.

CNBC Daily Open: Fragile rebound in oil exports threatened by Iran attacks in Hormuz

TL;DR

  • Iran's actions in the Strait of Hormuz are threatening a fragile rebound in oil exports.
  • Nearly 20 commercial ships have been attacked in the past month near Hormuz, the Persian Gulf, or off the coast of Oman.
  • President Trump has allowed the use of cheaper red-dyed diesel to mitigate fuel costs.
  • The U.S. trade deficit has reached its steepest point since March 2025.
  • The S&P 500 and Nasdaq Composite hit new all-time intraday highs.
  • Asian markets closed mostly higher, with Japan's Nikkei 225 rising and South Korea's Kospi falling.
  • Anthropic is expanding its Claude Startups program to foster ties with fast-growing companies.
  • The Emmy Awards will move to Amazon Prime Video in 2027 under an exclusive global streaming deal.