SQUAWK BOX, TUESDAY 21ST APRIL, 2020

SQUAWK BOX, TUESDAY 21ST APRIL, 2020

A historic collapse…the price of a barrel of WTI for May turned negative, the first time ever levels have fallen below zero. U.S. President Trump has said he is considering blocking Saudi imports to build up state reserves and support the price of crude. President Trump has also moved to temporarily suspend all immigration into the U.S. to protect lives and jobs from the Coronavirus pandemic. In aviation news, the virus claims a major scalp as Virgin Australia goes into voluntary administration after failing to secure a government aid package.

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Jaksot(1825)

Brent on course for record gains as Iran conflict enters fifth week

Brent on course for record gains as Iran conflict enters fifth week

Oil prices continue to surge as the Iran conflict enters its fifth week. Brent is set for its largest monthly gain ever with the Strait of Hormuz still largely closed. Asian markets are selling off wh...

30 Maalis 25min

Trump extends deadline to attack Iran

Trump extends deadline to attack Iran

President Trump extends his deadline for attacks on Iran's energy infrastructure until April 6th, as talks reportedly continue. The US leader insists Tehran is desperate to end the war, even as it rej...

27 Maalis 27min

Iran denies negotiations with U.S.

Iran denies negotiations with U.S.

Iran says it is reviewing a U.S. ceasefire proposal but firmly denies President Trump's claims that talks are underway with Tehran desperate to strike a deal. Stocks fall and oil rises as investors re...

26 Maalis 27min

U.S. government hands Tehran peace plan proposal

U.S. government hands Tehran peace plan proposal

The U.S. government has reportedly provided Iran with a peace proposal even though Tehran continuously denies direct talks are happening. President Trump voices optimism that a deal can be struck. Oil...

25 Maalis 35min

Iran and U.S. trade mixed messages on peace talks

Iran and U.S. trade mixed messages on peace talks

Iran denies it is in negotiations with Washington as President Trump announces he has postponed airstrikes on critical power plants and energy facilities in the country for five days and claims a peac...

24 Maalis 31min

Trump threatens to target power stations over Strait of Hormuz closure

Trump threatens to target power stations over Strait of Hormuz closure

U.S. and Iran trade threats with President Trump warning he will target power stations should the Strait of Hormuz not be reopened. The Iranian leadership has hit back saying it will target energy and...

23 Maalis 27min

Israel claims to have eliminated Iranian nuclear threat

Israel claims to have eliminated Iranian nuclear threat

Israel continues to increase air strike on Iran overnight. Prime Minister Benjamin Netanyahu says the country’s uranium enrichment capabilities have been destroyed but signals the possibility of a gro...

20 Maalis 27min

Iran strikes Qatar's largest LNG export site

Iran strikes Qatar's largest LNG export site

Iran strikes Qatar’s main LNG facility – one of the world’s biggest – following an Israeli attack on the giant South Pars gas field. President Trump has warned of stern intervention should retaliatory...

19 Maalis 26min

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