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CNBC Daily Open: Risk-off trade back on for oil
Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily Open. U.S. President Donald Trump continues to dominate the news cycle, and his latest round with reporters in the Oval Office has yielded more headlines and market moves this morning. It’s only Tuesday and already it’s been a […]
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Dow bounces 400 points to start the week as oil prices fall back to below $95 a barrel: Live updates
Traders works on the floor of the New York Stock Exchange (NYSE) at the opening bell on March 5, 2026 in New York City. Angela Weiss | Afp | Getty Images Stocks rose on Monday, while oil prices pulled back as Wall Street tried to recover from another losing week, with investors monitoring the latest […]
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‘We will remember’: Trump warns countries to help secure Strait of Hormuz as shipping stalls
U.S. President Donald Trump speaks to members of the media before boarding Air Force One for travel to Florida, at Joint Base Andrews, Maryland, U.S., March 13, 2026. Kevin Lamarque | Reuters U.S. President Donald Trump said Sunday that other countries should help the U.S. secure the Strait of Hormuz, arguing the key shipping route […]
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Why Trump has his sights on Iran’s Kharg Island — and what it means for the oil market
A general view of the Port of Kharg Island Oil Terminal, 25 km from the Iranian coast in the Persian Gulf and 483 km northwest of the Strait of Hormuz, in Iran on March 12, 2017. Fatemeh Bahrami | Anadolu | Getty Images President Donald Trump’s order to strike Iranian military assets on Kharg Island […]
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Asia-Pacific markets tumble as investors brace for a prolonged war in Middle East
Commercial vessels are pictured offshore in Dubai on March 11, 2026. – | Afp | Getty Images Asia-Pacific markets opened lower Friday as oil prices soared on renewed fears that a prolonged conflict in the Middle East could further crimp energy supplies, stoking fears of a global economic downturn. Iran’s new Supreme Leader Mojtaba Khamenei […]
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Dow slides 300 points as oil prices move higher again amid Iran conflict: Live updates
Traders work on the floor of the New York Stock Exchange during morning trading on March 10, 2026 in New York City. Michael M. Santiago | Getty Images The Dow Jones Industrial Average fell on Wednesday as investors continued to eye developments in the U.S.-Iran war and oil prices. The 30-stock index shed 328 points, […]
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Iran sends millions of oil barrels to China through Strait of Hormuz even as war chokes the waterway
Rotterdam hopper dredger vessel operated by Van Oord sits anchored, as Iran vows to close the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Muscat, Oman, March 9, 2026. Benoit Tessier | Reuters Iran has continued to send large amounts of crude oil via the Strait of Hormuz to China even as the […]
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Iran war threatens catastrophic consequences for the oil market, Aramco CEO says
The logo of Saudi state oil giant Aramco. Fayez Nureldine | AFP | Getty Images The Iran war threatens “catastrophic consequences” for the global oil market, the CEO of Saudi oil giant Aramco has warned. Amin Nasser told an earnings call on Tuesday that the war had caused “a severe chain reaction” and “a drastic […]
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The U.S.-Iran war is the biggest oil supply disruption in history
The U.S. war against Iran has triggered the largest oil supply disruption in history, more than double the previous record set during the Middle East crisis of the 1950s, according to an analysis by consulting firm Rapidan Energy. About 20% of the world’s oil supply has been disrupted for nine days now as tanker traffic […]
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‘Sky is the limit’: Analysts warn oil prices could surge further
Women members of Iran’s Red Crescent society stand near smoke plumes from an ongoing fire following an overnight airstrike on the Shahran oil refinery in northwestern Tehran on March 8, 2026. – | Afp | Getty Images Analysts warned on Monday that there was no precedent for the surging price of oil, as the Middle […]
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