Let's get the opening go here in the CNBC real time exchange [cheering] and look forward fidelity during the honors NASDAQ sector associates fintech as we see Brett Billings. So what you're saying you don't trust it. I'm saying it's not worth it's not worth going in [cheering] you don't buy up after after a a terrible overnight after a close yesterday after you have so many people need to raise cash.Raise [cheering] your cash. I'm not saying today's a bad day. I say that see what you want to buy.I am saying ...

Mr. . Urban has requested an exemption as it relates to oil that is coming from Russia. Is that something that you are prepared to do.>> We're looking at it because it's very difficult for him to get uh the oil and gas from other areas. As you know, they don't have uh they don't have the advantage of having sea. It's a great country.It's a big country, but they don't have sea. They don't have the ports. And so, they have a difficult problem.There's another country that has that same problem. by the way. But ...

Geopolitical Risk - U S oil sanctions pose a dilemma for the West: balancing the need to weaken Moscow's war funding with avoiding economic harm to themselves [1]

RT Nick Szabo (@NickSzabo4)@mog_russEN The U.S. has more oil than both Venezuela and Saudi Arabia, and we can frack it on the cheap. Oil is now the stupidest reason for the U.S. to go to war. ...

Geopolitical Developments & Market Impact - A 20-point proposal for a Gaza ceasefire, agreed upon by U S President Trump and Israeli Prime Minister Netanyahu, awaits Hamas approval, potentially impacting regional stability and oil markets [1][5][38] - Qatar's role as a key mediator between Israel and Hamas is crucial for the ceasefire, requiring a face-saving gesture, such as Israel expressing regret for a past attack [8][9][10] - The Israeli Shekel has strengthened against the USD by approximately 10% this year, reflecting the impact of geopolitical developments on local markets [46] - RBA (澳大利亚储备银行) holds cash rate at 36%, notes uncertainties in global environment and upside risks to inflation [40][41][42][43] Economic & Financial Market Trends - Looming U S government shutdown raises market risk, potentially delaying crucial jobs data release and impacting monetary policy assessment [2][3][23][25][44] - Gold hits record highs, massively outperforming Bitcoin, driven by uncertainty and a pullback in USD, with potential for further gains amid Fed rate cuts [3][4][23][32][33][44] - The market has aggressively priced in 3-4 rate cuts by June 2026, making upcoming jobs market data pivotal for determining monetary policy [27] - Potential tariffs on imports of timber and lumber, particularly impacting Canada, add to market uncertainty [23][39] - MSCI China is logging five-month gains, the longest streak since 2018, driven by better-than-expected PMI data and geopolitical signals [48] Energy Sector - Brent crude oil is slipping down by 08% ahead of the OPEC Plus meeting, where increased supply is expected [4] - The oil market is bearish due to well-supplied conditions, with focus on Iran snapback and Russia-Ukraine conflict, leading to investment in gold over oil [52][53] - Afentra is cautious about oil price volatility, focusing on a strong balance sheet and strategic acquisitions [64][65][66] - Nigeria's government intervenes to resolve a clash between the petroleum and natural gas association and oil labor group, potentially impacting crude production of 650 thousand barrels a day [76][77][78]

Geopolitical & Economic Strategy - The discussion revolves around the relationship with Turkey, focusing on both war and trade aspects [1] - The US President is urging Turkey to cease oil purchases from Russia due to the ongoing conflict in Ukraine [1][4] - Potential lifting of CAATSA sanctions against Turkey is under consideration, contingent on a successful meeting [2] - Turkey requires certain unspecified items, and the US also has its own needs, suggesting a potential quid pro quo arrangement [2] Military & Defense Cooperation - Turkey's request for F-35 fighter jets is being seriously considered [1] - The US is in good standing regarding the F-16 deal with Turkey [1] Diplomatic Role of Turkey - President Erdoğan is highly respected by both President Putin and President Zelensky, positioning him as a potential mediator in the Russia-Ukraine conflict [3] - President Erdoğan's current neutral stance is acknowledged, and his involvement could significantly influence the situation, particularly if he stops buying oil and gas from Russia [3][4]

Geopolitical Relations - The industry acknowledges a "tough" but ultimately positive relationship with a key international figure, highlighting cooperation in both conflict and trade [1] - The industry expresses concern over the ongoing conflict involving Russia and Ukraine, emphasizing the immense loss of life [2] - The industry advocates for a cessation of oil purchases from Russia as a means of influencing the situation in Ukraine [2]

Geopolitical Concerns - The speaker expresses a desire to halt Russia's oil purchases due to its actions against Ukraine [1] - The speaker mentions millions of lives have already been lost in the conflict [1] - The speaker views Russia's actions as disgraceful and unnecessary, leading to significant loss of life [1][2] Economic Assessment - The speaker believes Russia's economy is currently in a dire state [2]

All right, let's talk a bit about this. So, we we see what the president's push is against renewable energy. However, you operate on state lands in California. You don't really operate on federal land.So, does this have an impact on your business, at least when it comes to sentiment, >> Frank. No, no impact. We we see ourselves as a different kind of energy company and we do both uh renewable clean energy and traditional oil and gas.Uh we we are the largest producer of oil in California. also the largest pr ...

Market Volatility & Investment Strategy - Market volatility is expected to return, potentially leading to an asset price explosion in the second half of the year, advising strategic positioning [2][4][6] - Historically, volatility was seen negatively, but now it's part of digitalization and financialization trends [3] - The VIX (Volatility Index) is at its lowest point in 2025, suggesting an imminent increase in market volatility [5] Tariff Revenue & US Investment - Tariff income is projected to exceed 1% of GDP, surpassing the initial estimate of $300 billion [7][8] - Private industry is committing over $10 trillion in investments into the United States [8][9] - The US is gaining advantage in the geopolitical trade realm, potentially disadvantaging those betting against it [10] Geopolitics & Trade Negotiations - The US employs a multi-lever, non-linear strategy in trade negotiations, leveraging military operations, diplomacy, economic sanctions, and oil markets [22][23][28] - Disbanding of the Klepto Task Force and discussions on Arctic routes were potential incentives offered to Russia during negotiations [30][31][32] - Arctic shipping routes are emerging as a significant geopolitical factor, influencing trade and logistics [34][35] Cryptocurrency & Digital Assets - The US government and the Chinese government are among the largest holders of Bitcoin, holding the 3rd and 4th position respectively [40] - China is seriously considering launching a yuan-backed stablecoin, potentially from Hong Kong [42] - Governments recognize the growing demand for digital assets, leading to a complex dynamic between supporting these assets and safeguarding legacy systems [44][45]