Energy
Cuba says international airlines can no longer refuel there as Trump turns up the pressure
Aerial view of Jose Marti International Airport in Havana, taken from an airplane on April 3, 2025. Yamil Lage | Afp | Getty Images The Cuban government said international airlines can no longer refuel there due to fuel shortages after U.S. President Donald Trump threatened tariffs on any country that supplies the communist country with […]
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Trump holds leverage over Iran thanks to low oil prices, Energy Secretary says
Low oil prices give President Donald Trump more leverage over Iran, U.S. Energy Secretary Chris Wright said Friday, speaking as the two adversaries teeter on the brink of another conflict. “The world is very well supplied with oil right now, and I think it gives President Trump more leverage in his geopolitical actions to not […]
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Oil prices jump after Trump says Iran supreme leader ‘should be very worried’
Tankers docked at the Phillips 66 Freeport Terminal in Freeport, Texas, US, on Friday, Jan. 16, 2026. Mark Felix | Bloomberg | Getty Images Oil prices rose Wednesday after President Donald Trump said Iran’s Supreme Leader Ayatollah Ali Khamenei “should be very worried.” U.S. crude oil rose $1.82, or 2.88%, to $65.08 a barrel by […]
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U.S. plans critical mineral price floors with Mexico, EU and Japan
The United States is developing plans with Mexico, the European Union and Japan to implement minimum prices for critical minerals, the U.S. trade representative said Wednesday. The Trump administration is exploring a partnership with Mexico on critical minerals as part of a scheduled review of the United States-Mexico-Canada trade agreement, or USMCA, by July 1. […]
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Jim Cramer says the software sell-off creates opportunities in stocks outside of tech
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. Stocks were attempting to shake off continued fears that AI disruption could undermine traditional enterprise software companies. Some of the high-multiple names hit hardest in recent sessions, including Club […]
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Chevron signs initial exploration deal for Syrian waters with Qatari firm, Reuters reports
The logo of Chevron is seen at the company’s office in Caracas, Venezuela April 25, 2018. Marco Bello | Reuters Chevron has signed a memorandum of understanding, or an initial agreement, with the Syrian Petroleum Company and the Qatari firm UCC Holding to evaluate the exploration for oil and gas offshore Syria, a spokesperson for […]
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Oil giants brace for a bruising earnings season — with shareholder returns at risk
The BP refinery in Lingen, Germany (aerial view with a drone). Picture Alliance | Picture Alliance | Getty Images European energy giants face some tough choices this earnings season, with shareholder payouts seen at risk as they look to cut costs amid lower crude prices. Western oil and gas majors have long sought to keep […]
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U.S. military says it shot down Iranian drone that ‘aggressively approached’ aircraft carrier
Sailors and Marines man the rail as the U.S. Navy Nimitz-class aircraft carrier USS Abraham Lincoln (CVN 72) is guided by tugboats in San Diego Bay as it returns to its home port of Naval Air Station North Island in San Diego, California, Dec. 20, 2024. Kevin Carter | Getty Images The U.S. military on […]
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Trump says India will stop buying Russian oil. Shadow fleet vessels are still unloading sanctioned crude at its ports
The oil tanker “Grinch” (R), suspected of belonging to the Russian’s shadow fleet, is seen outside the coast of Martigues near the port of Marseille-Fos on January 25, 2026, as it’s surveilled by the French Navy. Thibaud Moritz | Afp | Getty Images President Donald Trump announced a U.S. trade deal with India on Monday […]
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Rare earth stocks jump after Trump launches $12 billion critical minerals stockpile
US President Donald Trump speaks to the press about a critical minerals stockpile with $12 billion in initial funding, as Washington seeks to lower reliance on China for rare earths and other resources, in the Oval Office of the White House in Washington, DC, on February 2, 2026. Saul Loeb | Afp | Getty Images […]
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