ICE Brent Crude (Oct'25)
Iran’s strategic oil island thrust into the spotlight as Middle East conflict escalates
A support vessel maneuvers near the crude oil tanker ‘Devon’ as it sails through the Persian Gulf towards Kharq Island oil terminal to transport crude oil to export markets in Bandar Abbas, Iran, on Mar. 23, 2018. Ali Mohammadi | Bloomberg | Getty Images Iran’s Kharg Island, a small but strategically vital strip of land […]
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Japan, South Korea stocks tumble over 6% as oil tops $100 amid broader Asia market rout
Fire breaks out at the Shahran oil depot after U.S. and Israeli attacks, leaving numerous fuel tankers and vehicles in the area unusable in Tehran, Iran, on March 8, 2026. Anadolu | Anadolu | Getty Images Japan’s Nikkei 225 and South Korea’s Kospi both plunged over 6% in early trade Monday, leading a broader regional […]
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Oil surges above $100 a barrel; Trump says ‘small price to pay’ for defeating Iran
Crude oil prices surged above $100 per barrel on Sunday, after major Middle East producers cut output because the critical Strait of Hormuz remains closed due to the Iran war. West Texas Intermediate jumped 17%, or $15.32, to $106.22 per barrel. Global benchmark Brent advanced 15%, or $14.28, to $106.92. U.S. crude oil surged about […]
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Dow futures tumble 900 points as U.S. oil tops $100 a barrel to begin the week’s trading: Live updates
Traders work on the floor of the New York Stock Exchange on March 5, 2026. Spencer Platt | Getty Images Stock futures were plunging to start the week’s trading as U.S. oil prices topped $100 a barrel amid the U.S.-Iran conflict, raising fears higher energy prices could dramatically slow the U.S. economy. The Dow Jones […]
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Investors may be too complacent about mounting risks with the S&P 500 less than 4% from high
Venezuela, Greenland and now Iran – 2026 has been marred with geopolitical instability , but some on Wall Street think investors aren’t as concerned as they should be about the latest conflict. In the beginning of the year, when the U.S. conducted a military operation in Venezuela that involved capturing and ousting that country’s leader, […]
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Energy prices will fall when U.S. destroys Iran’s ability to attack tankers in Strait of Hormuz: Wright
U.S. Energy Secretary Chris Wright pumps gas at a gas station in Corpus Christi, Texas, U.S., February 27, 2026. Sheila Dang | Reuters Energy Secretary Chris Wright said oil and gas prices will begin to fall when the U.S. begins to knock out Iran’s ability to hinder tanker traffic through the Strait of Hormuz, as […]
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Iran war threatens to scramble the ‘affordability’ midterm
U.S. President Donald Trump points his finger as he arrives to deliver remarks on the U.S. economy and affordability at the Mount Airy Casino Resort in Mount Pocono, Pennsylvania, U.S. December 9, 2025. Jonathan Ernst | Reuters November’s midterm was always supposed to be about affordability. Then, the bombs began falling in Iran. The expanding […]
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Europe faces a ‘massive’ gas price shock from Iran war — and these three sectors will be hit hardest
As commodity prices spiked higher on Friday morning, a strategist warned that Europe was even more at risk of an energy shock than the U.S. Speaking with CNBC’s “Europe Early Edition”, Joachim Klement, head of strategy at Panmure Liberum, noted that Europe now sources most of its natural gas from Qatar, one of the world’s […]
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Oil rally resumes after brief dip in prices as Brent tops $86 a barrel
Oil prices jumped to their highest levels in months on Monday as Iran and Israel escalated attacks in the Middle East, disrupting shipments from the region. Bloomberg Creative Photos | Bloomberg Creative Photos | Getty Images Oil prices rose on Friday morning, wiping out an earlier dip that had boosted sentiment in international equity markets. […]
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