The U.S. war with Iran escalated and global oil prices surged again Thursday as Iran-backed Houthis in Yemen attacked two Saudi oil tankers in the Red Sea.

Crude futures extended gains with Brent settling above $100 a barrel for the first time in two months as Iran-backed Houthis said they attacked Saudi tankers in the Red Sea, threatening a key alternative shipping route to the Strait of Hormuz.

Oil ​prices climbed above $100 on Thursday, reaching their highest level in nearly two months, after Yemen's Houthis said they had attacked ‌two Saudi oil tankers in the Red Sea, adding to concerns over global supply disruptions from a near-halt in trade through the Strait of Hormuz.

Oil prices have jumped as the conflict with Iran escalates, this time with attacks on ships in the Red Sea by the Houthi militia group aligned with Tehran. On Thursday, international benchmark Brent crude crossed the $100 mark,

UniCredit SpA and Commerzbank AG are poised to reboot talks as the Italian bank’s proposed takeover of the rival is becoming increasingly likely, according to people familiar with the matter.

UniCredit raised its profit targets for this year and beyond, though net profit for the second quarter was hurt by a one-off hit tied to its offer for Commerzbank.

UniCredit SpA said it will likely assume control over Commerzbank AG soon as Chief Executive Officer Andrea Orcel moves to complete one of Europe’s largest bank deals ever.

Major Italian bank UniCredit is preparing for a swift move to take control of Frankfurt-based Commerzbank, it said in a presentation on its half-year figures in Milan on Thursday. UniCredit chief Andrea Orcel wants to merge the two banks to create a European lending powerhouse,

On a per-share basis, the Las Vegas-based company said it had net income of 53 cents. Earnings, adjusted for non-recurring costs, were 59 cents per share.

CNBC's Contessa Brewer joins 'Closing Bell Overtime' with Las Vegas Sands earnings. United passenger finds plane menu from 1974, shock over what it reveals Princess Charlotte’s new birthday photo draws Diana comparison Iran live updates: Trump threatens to bomb Iranian bridges,

Las Vegas Sands (LVS) reported $3.15 billion in revenue for the quarter ended June 2026, representing a year-over-year decline of 0.7%. EPS of $0.59 for the same period compares to $0.79 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $3.

Key Points Interested in Las Vegas Sands Corp.? Here are five stocks we like better. Las Vegas Sands said Q2 results were driven by continued strength at Marina Bay Sands and improving Macau volume trends,

CNBC's Jon Fortt joins 'Closing Bell Overtime' with IBM quarterly results. In-N-Out CEO reveals the region she will never expand to Princess Charlotte’s new birthday photo draws Diana comparison Rick

IBM (NYSE:IBM) lowered its revenue growth expectations for 2026 after weaker demand for data-centre mainframe systems weighed on quarterly performance, although the company maintained confidence in its profitability and long-term artificial intelligence strategy.

IBM dropped its full-year revenue growth target on Wednesday to between 4% and 5% from a prior forecast of over 5%, after sales of its mainframe hardware fell 42% in the second quarter. The cut confirms to shareholders who had watched the stock recover over the last few years that IBM’s most profitable legacy

CEO says Big Blue is well-positioned across its software, infrastructure and consulting businesses to help customers capture value from AI.

July 22, 2026. British inflation cooled by more than expected last month driven by a fall in petrol prices after a

The rate was 2.8% in May - above the Bank of England's 2% target. Most economists expect a slight fall in June's figure, driven by a drop in petrol prices.

Britain's annual inflation rate fell more than expected in June, driven by lower fuel prices, in a boost to new Prime Minister Andy Burnham as he touted his plans to ease the cost of living on Wednesday.

UK inflation has fallen more than expected to its lowest level in 15 months, with food, fuel and clothing prices all dropping in a boost for households.

Yields have topped 5% for a couple weeks now, the longest since 2007. Plus: China’s flagging consumer economy, AT&T success with service bundles, and “anchored” inflation expectations.

Rising oil prices and persistent inflation nerves are rippling through bond markets and pushing up borrowing costs for US consumers.

The 10-year Treasury yield was up a tad early Wednesday, holding 4.63% and near its highest levels in two months as resurgent oil prices once again raise concerns about inflation. Brent crude on Wednesday rose to more than $94 a barrel as fighting between the U.

The DXY dollar index fell 0.1% after hitting a one-week high, but DHF Capital S.A. said the currency’s pullback could prove limited and geopolitical tensions could continue fueling safe-haven demand.