Cheniere Energy Inc
CNBC Daily Open: Oil jitters persist as U.S. targets Iranian ships near Strait of Hormuz
Traders work on the floor of the New York Stock Exchange. NYSE What you need to know today Oil was slightly higher after plunging more than 11% Tuesday, as traders expect a group of countries to tap emergency crude reserves to mitigate disruption caused by the war in the Middle East. The sharp drop came […]
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CNBC Daily Open: Traders on edge despite reserve hopes
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 9, 2026. Brendan McDermid | Reuters What you need to know today Oil continued its wild ride Tuesday, closing more than 11% lower, as traders believed a group of countries would tap emergency crude reserves to mitigate […]
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Elon Musk’s xAI wins permit to build power plant in Mississippi despite pollution concerns
Elon musk and the xAI logo. Vincent Feuray | Afp | Getty Images Elon Musk’s xAI scored a victory in Mississippi, where regulators on Tuesday authorized the artificial intelligence company to build a power plant with 41 natural gas-burning turbines in the town of Southaven to power its nearby data centers. The Mississippi Department of […]
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Elon Musk’s xAI wants to build a power plant in Mississippi. Regulators plan a key meeting on Election Day
Elon Musk waves to the crowd during the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 22, 2026. Denis Balibouse | Reuters With Elon Musk’s xAI planning to build a massive, natural-gas burning power plant in Southaven, Mississippi, the state’s environmental authority has scheduled a board meeting for Tuesday — Election Day […]
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There’s another energy market that may get hit harder than oil by Strait of Hormuz closure
A liquefied natural gas (LNG) tanker on a digital screen at the Qatar Economic Forum (QEF) in Doha, Qatar, on Tuesday, May 20, 2025. Christopher Pike | Bloomberg | Getty Images Oil prices jumped Monday with traffic in the Strait of Hormuz at a near standstill, but the longer-term implications of the Strait’s closure may […]
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Kuwait cuts oil production as Strait of Hormuz closure disrupts global energy market
Kuwait said Saturday that it has cut oil production and refining output because tankers cannot transit the Persian Gulf due to threats from Iran. The Arab monarchy did not say how many barrels per day it has cut, but described the output reduction as a precautionary measure that will be “reviewed as the situation develops.” […]
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Iran war threatens to scramble the ‘affordability’ midterm
U.S. President Donald Trump points his finger as he arrives to deliver remarks on the U.S. economy and affordability at the Mount Airy Casino Resort in Mount Pocono, Pennsylvania, U.S. December 9, 2025. Jonathan Ernst | Reuters November’s midterm was always supposed to be about affordability. Then, the bombs began falling in Iran. The expanding […]
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Europe faces a ‘massive’ gas price shock from Iran war — and these three sectors will be hit hardest
As commodity prices spiked higher on Friday morning, a strategist warned that Europe was even more at risk of an energy shock than the U.S. Speaking with CNBC’s “Europe Early Edition”, Joachim Klement, head of strategy at Panmure Liberum, noted that Europe now sources most of its natural gas from Qatar, one of the world’s […]
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How Iran and Venezuela strikes transform the Trump-Xi trade talks
TOPSHOT – US President Donald Trump (L) and China’s President Xi Jinping arrive for talks at the Gimhae Air Base, located next to the Gimhae International Airport in Busan on October 30, 2025. Donald Trump and Chinese leader Xi Jinping will seek a truce in their bruising trade war on October 30, with the US […]
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Iran war live updates: Tehran keeps up strikes as Gulf states deny missile shortages
Middle East conflict adds to central bank headaches as oil extends four-day rally A widening Middle East conflict has posed a fresh test for global central banks, as fears of an oil shock and renewed inflation risks complicate policymakers’ calculus for shoring up growth. Brent crude prices extended four days of gains, rising 1.6% to $82.76 […]
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