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European markets head for positive open as oil prices slide
World

European markets head for positive open as oil prices slide

Galaxy Globe bulk carrier and Luojiashan tanker sit anchored in Muscat, 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 LONDON — European stocks look set to open notably higher on Tuesday, as traders watch developments in the Middle […]

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Oil plunges 10% as Trump warns to hit Iran ‘twenty times harder’ if it blockades Strait of Hormuz
World

Oil plunges 10% as Trump warns to hit Iran ‘twenty times harder’ if it blockades Strait of Hormuz

Oil prices surged about 20% on Monday as the U.S.-Israeli war with Iran continued, raising fears of prolonged disruptions to energy supplies. Anton Petrus | Moment | Getty Images Oil prices plunged 10% Tuesday after U.S. President Donald Trump warned that Tehran would be hit “twenty times harder” if it attempted to halt oil flows through the […]

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South Korea’s Kospi leads regional rebound, up 5%, as Trump comments drive oil lower
World

South Korea’s Kospi leads regional rebound, up 5%, as Trump comments drive oil lower

A currency dealer monitors exchange rates in front of a big screen showing South Korea’s benchmark stock index (C) and the Korean won/USD exchange rate (R) in a foreign exchange dealing room at the Hana Bank headquarters in Seoul on April 9, 2025. Jung Yeon-je | Afp | Getty Images South Korea’s Kospi opened more […]

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Top permitting-reform Republican, Democratic senators meeting as talks thaw: API chief
Technology

Top permitting-reform Republican, Democratic senators meeting as talks thaw: API chief

U.S. Sen. Shelley Moore Capito (R-WV) speaks to the media following the weekly policy luncheons at the U.S. Capitol on June 21, 2023 in Washington, DC. Kevin Dietsch | Getty Images Senate Environment and Public Works Committee Chair Shelley Moore Capito and ranking Democrat Sheldon Whitehouse are meeting to discuss reforming the federal energy permitting […]

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Watch live: Trump holds press conference as Iran war fallout roils oil market
Politics

Watch live: Trump holds press conference as Iran war fallout roils oil market

[The stream is slated to start at 5:30 p.m. Please refresh the page if you do not see a player above at that time.] President Donald Trump is set to hold a press conference at his Miami-area golf club. The president’s comments at Trump National Doral are coming within hours of him telling CBS News […]

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There’s another energy market that may get hit harder than oil by Strait of Hormuz closure
World

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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Stocks making the biggest moves midday: Chevron, Hims and Hers, Xenon Pharma, Vertiv and more
Finance

Stocks making the biggest moves midday: Chevron, Hims and Hers, Xenon Pharma, Vertiv and more

Check out some of the companies making the biggest midday moves: Oil stocks – Oil stocks briefly traded higher as the commodity surged as the Iran War showed no sign of abating. U.S. crude briefly topped $110 per barrel overnight, hitting levels not seen since mid-2022. Chevron earlier hit an all-time high, Talos Energy at […]

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Oil tankers transiting Strait of Hormuz ‘must be very careful,’ Iran foreign ministry warns
Politics

Oil tankers transiting Strait of Hormuz ‘must be very careful,’ Iran foreign ministry warns

MarineTraffic map showing current ships traffic on Strait of Hormuz dislplayed on a laptop screen and MarineTraffic logo displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on March 5, 2026. Jakub Porzycki | Nurphoto | Getty Images Oil tankers passing through the Strait of Hormuz “must be very […]

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The 0 oil playbook: How pro investors are investing around this energy shock
World

The $100 oil playbook: How pro investors are investing around this energy shock

Professional investors are reshuffling portfolios as crude oil surges past $100 a barrel , rotating into sectors tied to commodities while adding hedges against the risk that geopolitical tensions could trigger a broader economic shock. The jump in energy prices tied to the Middle East conflict is prompting money managers to rethink positioning. Many say […]

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