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Middle East war sends natural gas prices soaring, raising growth shock risk for Europe and Asia
A prolonged surge in natural gas prices triggered by the ongoing war in the Middle East risks denting European growth and hitting some Asian economies hard, analysts have warned. Global gas prices have soared this week amid fears of a lengthy disruption to energy flows through the Strait of Hormuz — a key shipping route […]
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Oil prices, Target earnings, the new iPhone and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. While the war in Iran continues to unfold, today also brings the first midterm primary elections in the U.S. Here are the races to watch. Stock futures are plunging this morning following a mixed session on Wall Street. Here are […]
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European markets set to slide at the open as geopolitical risks rise
A plume of smoke rises after a strike in Tehran, Iran, Monday, March 2, 2026. Mohsen Ganji | AP LONDON — European stocks are expected to open firmly in negative territory on Tuesday as the geopolitical crisis in the Middle East continues to weigh on global market sentiment. The U.K.’s FTSE index is seen opening […]
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The Strait of Hormuz is facing a blockade. These countries will be most impacted
Commercial ships anchor off the coast of the United Arab Emirates due to navigation disruptions in the Strait of Hormuz, Dubai on March 2, 2026. Anadolu | Getty Images The closure of the Strait of Hormuz by Iran is sending shockwaves across global energy markets, with Asia expected to face the maximum pain. A senior […]
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Iran war live updates: U.S. embassy in Riyadh hit by drones, Trump promises response ‘soon’
Trump touts ‘virtually unlimited’ U.S. munitions; UAE, Qatar deny weapons’ shortage President Donald Trump said Tuesday that the U.S. has a “virtually unlimited supply” of munitions as the war with Iran escalates. He added that the stockpiles “at the medium and upper medium grade” have never been higher or better. It was not immediately clear […]
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CNBC Daily Open: Markets digest U.S.-Iran war as conflict spreads
A general view of Tehran with smoke visible in the distance after explosions were reported in the city, on March 2, 2026 in Tehran, Iran. Contributor | Getty Images What you need to know today The first flights out of Dubai were cleared to depart since the U.S. and Israel attacked Iran, but service is […]
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Asia-Pacific markets extend losses as Iran conflict rages on; oil prices rise
A general view of Tehran with smoke visible in the distance after explosions were reported in the city, on March 2, 2026 in Tehran, Iran. Contributor | Getty Images Asia-Pacific markets opened lower on Tuesday, as the conflict in Iran continues to rage on for a fourth day. Oil prices extended gains after Iran reportedly […]
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Retail investors had two favorite trades during Monday’s market turmoil
Mom-and-Pop investors rushed into a pair of trades on Monday following the U.S.-Israeli strikes on Iran. Retail investors sent millions of dollars on a net basis into the State Street Energy Select Sector SPDR ETF (XLE) and Palantir in the first hour of Monday’s session, according to VandaTrack. But the broader market didn’t see the […]
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Iran, Berkshire Hathaway earnings, OpenAI’s Pentagon deal and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. We’re coming off a weekend that could have long-term ramifications for world politics, so let’s dive in. Stock futures are tumbling this morning. The market notched a losing day and week on Friday. Here are five key things investors need […]
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Qatar’s state-owned energy company halts LNG production after Iran drone attacks
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 QatarEnergy said Monday that it had halted liquified natural gas production due to attacks by Iran on its operating facilities. QatarEnergy is the world’s […]
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