Conocophillips
Trump says U.S. will build first refinery in 50 years with investment by India’s Reliance Industries
U.S. President Donald Trump takes a question as he speaks during a press conference at Trump National Doral Miami in Miami, Florida, U.S., March 9, 2026. Kevin Lamarque | Reuters President Donald Trump announced Tuesday that the U.S. will get its first oil refinery in 50 years, funded by investments from Indian billionaire Mukesh Ambani’s […]
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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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Asia-Pacific markets trade higher as investors weigh developments in the Middle East
Mount Fuji and the Shinjuku skyline in Tokyo, Japan, on Friday, Feb. 14, 2025. Photographer: Kiyoshi Ota/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Asia-Pacific markets opened higher on Wednesday as investors assessed the ongoing Middle East war. Australia’s S&P/ASX 200 rose 0.35% in early trade. Japan’s Nikkei 225 jumped 1.36%, while the Topix […]
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Gas prices threaten Republican lawmaker’s plans to win on affordability
High gas prices are listed at Chevron gas station in Los Angeles on March 9, 2026, as gasoline prices surge amid the ongoing war with Iran. Frederic J. Brown | Afp | Getty Images Rising gas prices and no clear end of the Iran war are clashing with GOP plans to win the November elections […]
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‘Forever war:’ Democrats rebut Trump’s assertion that Iran war nearing end
Sen. Elizabeth Warren, D-Mass., from center left, Sen. Chris Coons, D-Del., Sen Jon. Ossoff, a D-Ga., and Sen. John Hickenlooper, D-Colo., during a State of the Union address in the House Chamber of the US Capitol in Washington, DC, US, on Tuesday, Feb. 24, 2026. Al Drago | Bloomberg | Getty Images Senate Democrats on […]
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IEA countries to meet later Tuesday on release of oil reserves, but no decision made yet
The International Energy Agency will convene an extraordinary meeting of its member countries Tuesday to discuss a possible release of oil stockpiles to address the supply disruption triggered by the Iran war. The more than 30 members will “assess the current security of supply and market conditions to inform a subsequent decision on whether to […]
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10-year Treasury yield is little changed as oil tumbles after Trump warns Iran over Hormuz flows
The 10-year Treasury yield was little changed on Tuesday as oil prices tumbled after President Donald Trump warned that Iran would be hit “TWENTY TIMES HARDER” if it attempted to halt shipments through the Strait of Hormuz. The yield on the 10-year Treasury fell more than 1 basis point to 4.117%. The 30-year Treasury bond rose more […]
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Trump’s war predictions, Pershing Square files for IPO, Anthropic’s lawsuit and more in Morning Squawk
1. The magic words US President Donald Trump speaks during a press conference at Trump National Doral in Miami, Florida, on March 9, 2026. Saul Loeb | AFP | Getty Images Wall Street witnessed a stunning midday recovery yesterday after President Donald Trump indicated the U.S.-Iran war could be over soon. Trump told a CBS […]
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Trump reiterates threat of a ‘friendly takeover’ of Cuba as fuel crisis deepens
A pedicab drives past a traffic light that is out due to a power cut in Havana on March 4, 2026. Yamil Lage | Afp | Getty Images U.S. President Donald Trump renewed his threat of a “friendly takeover” of Cuba, saying the communist-run Caribbean island is in “deep trouble.” His latest comments come less […]
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Surging oil prices could wipe out benefits from Trump’s ‘big beautiful bill’
Key Points Raymond James estimates that what consumers pay in higher gas prices could total exactly what they’re set to gain with the tax changes under President Donald Trump’s “big beautiful bill.” The stimulus was expected to boost both the U.S. economy and markets in 2026. While consumers may not get as much of a […]
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