Environment
Strait of Hormuz blockage upends global helium supply. This U.S. company could benefit
Exxon Mobil stands to gain as the Middle East war continues to squeeze global helium supply , according to UBS. The five-week-old war against Iran could pose a threat to the semiconductor sector, alongside other industries that depend on helium, such as medical imaging and space rockets. The U.S. Geological Survey estimates that before the […]
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AWS teams working around the clock to keep Middle East services up after drone strikes, CEO says
The Iran war poses ongoing challenges for cloud provider Amazon Web Services, its chief, Matt Garman, said on Tuesday. The Amazon division said in early March that drone strikes had damaged its data centers in Bahrain and the United Arab Emirates. “It’s a really difficult situation, and we’re working incredibly hard,” Garman told CNBC’s Kate […]
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Jet fuel supply concerns grow as war on Iran drags on, airlines cut flights
A Lufthansa passenger aircraft is parked at a gate while a SASCA fuel truck services it on the apron at Toulouse Blagnac Airport in Blagnac in Occitanie in France on March 15, 2026. Isabelle Souriment | AFP | Getty Images The surging price of jet fuel isn’t the airline industry’s only problem. Now, it’s whether […]
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‘Absolutely stunning’ — Artemis II photo captures moon eclipse of sun
The crew of Artemis II captured what NASA’s chief called an “absolutely stunning” photo of the moon eclipsing the sun, as the spacecraft broke Apollo 13’s 56-year-old record for the longest distance traveled by humans from Earth. “This is not AI,” NASA Administrator Jared Isaacman said in an interview with CNBC’s “Squawk Box” on Tuesday. […]
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‘The thaw is real’: Indian delegation visits China to talk EVs and more
Narendra Modi, India’s prime minister, center, greets Li Qiang, China’s premier, right, ahead of a family photo at the BRICS Summit in Rio de Janeiro, Brazil, on Sunday, July 6, 2025. BRICS leaders will meet in Rio de Janeiro as they seek to strengthen political and economic ties, expand the bloc’s influence on the global […]
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Artemis II breaks Apollo 13’s distance record as humans travel farther from Earth than ever before
With the moon now filling their windows, the Artemis II astronauts set a record Monday as the farthest humans from Earth during a lunar flyby promising magnificent views of the far side never before witnessed. The six-hour flyby is the highlight of NASA’s first return to the moon since the Apollo era with three Americans and one Canadian — a step toward landing boot […]
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China’s Xi urges faster development of new energy system as Middle East war continues
Chinese President Xi Jinping attends a meeting with Russian President Vladimir Putin and Mongolian President Ukhnaagiin Khurelsukh in Beijing, China Sept. 2, 2025. Sergey Bobylev | Via Reuters Chinese President Xi Jinping has called for accelerated planning and construction of a new energy system to safeguard the country’s energy security, weeks into the Iran war […]
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Soaring energy costs are rattling investors. Why the ‘food price shock’ could be worse
Surging energy prices amid the Iran war are worrying Wall Street, but UBS warned that higher food costs could follow. Since the start of the conflict in the Middle East, international Brent crude futures have surged 50%, while West Texas Intermediate futures have gained 66%. UBS economist Arend Kapteyn said the energy jump is subsequently […]
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Amazon to add 3.5% fuel and logistics surcharge for sellers as Iran war drives up energy prices
An Amazon employee works to fulfill same-day orders during Cyber Monday, one of the company’s busiest days, at an Amazon fulfillment center in Orlando, Florida, on Dec. 2, 2024. Miguel J. Rodriguez Carrillo | Getty Images Amazon is adding a 3.5% “fuel and logistics-related surcharge” to fees it collects from third-party sellers who use its […]
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EV demand is getting a boost from the Iran war — just as auto giants pivot back to combustion engines
An electric vehicle (EV) is left to charge at a charging station in Tehran on February 23, 2026. Atta Kenare | Afp | Getty Images The sprawling Middle East crisis is expected to spur drivers to abandon traditional internal combustion engine vehicles in favor of EVs, analysts told CNBC, although early evidence suggests this will […]
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