Hasan Jamali An oil pump works in the Sakhir, Bahrain, desert oil fields at sunset Tuesday, July 3, 2012. The price of oil jumped more than 4 percent Tuesday to the highest level since May on renewed fears of a military conflict with Iran. (AP Photo/Hasan Jamali) A massive oil …

David Paul Morris | Bloomberg | Getty Images Tim Cook, chief executive officer of Apple Inc., waves after speaking during an event at the Steve Jobs Theater in Cupertino, California, U.S., on Tuesday, Sept. 12, 2017. Silicon Valley venture capitalist Chamath Palihapitiya told CNBC on Wednesday he sees Apple as …

Alireza Sotakbar | AFP | Getty Images Iran’s supreme leader, Ayatollah Ali Khamenei Iran’s supreme leader has challenged U.S. President Donald Trump over America pulling out of the nuclear deal, saying: “You cannot do a damn thing!” Ayatollah Ali Khamenei’s comments came Wednesday as he met with a group of …

Omar Salem/AFP/Getty Images Saudi men shop with their children at a mall in Jeddah late on September 17, 2009 ahead of celebrations for Eid al-Fitr. Balancing and maintaining economic growth with fiscal consolidation is no easy or popular task, particularly in the Gulf. Economies in the region are undergoing a …

Thomas Peter | Reuters China’s President Xi Jinping and U.S. President Donald Trump attend a state dinner at the Great Hall of the People in Beijing, China, November 9, 2017. U.S. President Donald Trump and Chinese President Xi Jinping agreed in a phone call on Tuesday that it was important …

Jonathan Ernst | Reuters President Donald Trump announces his intention to withdraw from the JCPOA Iran nuclear agreement during a statement in the Diplomatic Room at the White House in Washington, U.S., May 8, 2018. Leaving the deal could also have ripple effects on the oil market, given Iran’s role …

U.S. Government | Reuters A U.S. government handout photo released by White House Press Secretary Sarah Huckabee Sanders shows U.S. Central Intelligence (CIA) Director Mike Pompeo meeting with North Korean leader Kim Jong Un in Pyongyang, North Korea in a photo that Sanders said was taken over Easter weekend 2018. …

Warren Buffett’s longtime investing partner Charlie Munger thinks Americans should look for opportunities in China, where Berkshire Hathaway has invested in electric automaker BYD. “American investors are missing China,” Munger said Saturday in response to a question at Berkshire’s annual shareholder meeting. “It just looks too hard, sitting in Omaha, …

Stephen Lam | Reuters Google CEO Sundar Pichai speaks onstage during the annual Google I/O developers conference in Mountain View, California, May 8, 2018. Google put its prowess in artificial intelligence, as well as its commitment to wielding it responsibly, front and center during the keynote of its I/O developers …

Jonathan Ernst | Reuters President Donald Trump displays a presidential memorandum after announcing his intent to withdraw from the JCPOA Iran nuclear agreement in the Diplomatic Room at the White House in Washington, May 8, 2018. President Donald Trump signed an executive memorandum Tuesday kicking off the process for the …