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Trump reportedly warns to ‘take the oil in Iran’ as Tehran targets water, power plants in Kuwait
Smoke rises from the direction of an energy installation in the Gulf emirate of Fujairah on March 14, 2026. Smoke could be seen rising from the direction of a major UAE energy installation on March 14, in what appeared to be the latest strike targeting the Gulf’s petroleum facilities hours after the US struck Iran’s […]
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Stock futures slide ahead of a holiday-shortened trading week: Live updates
A trader works on the floor of the New York Stock Exchange during morning trading on March 25, 2026 in New York City. Michael M. Santiago | Getty Images U.S. equity futures fell on Sunday evening as investors kick off a holiday-shortened week of trading. Futures tied to the Dow Jones Industrial Average dropped 253 […]
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Bahrain aluminum giant says Iranian attack targeted its facility
BAHRAIN – APRIL 17: Aluminium ingots seen at the Aluminium Bahrain B.S.C plant in Bahrain, Tuesday, April 18, 2006. (Photo by Phil Weymouth/Bloomberg via Getty Images) Bloomberg | Bloomberg | Getty Images Aluminium Bahrain, which hosts the world’s largest smelter of the metal, said on Sunday its facility was subjected to an Iranian attack as […]
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Global week ahead: Why emergency G7 meetings are not working
G7 Foreign Ministers pose for a family picture during a meeting at the Vaux-de-Cernay Abbey in Cernay-la-Ville outside Paris, on March 27, 2026. (Photo by Alain JOCARD / AFP via Getty Images) Alain Jocard | Afp | Getty Images Another Monday, another emergency meeting. This time it’s between G7 finance ministers, energy ministers and central […]
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Yemen’s Houthis launch Israel strike, the first time since the U.S.-Israel war began
Protesters, predominantly Houthi supporters, demonstrate in solidarity with Palestinians, in Sanaa, Yemen on Aug. 1, 2025. Khaled Abdullah | Reuters Yemen’s Houthis launched a missile strike against Israel, the group said Saturday. It was the first time the Tehran-backed militia had intervened in the U.S.-Israeli-led war against Iran, which has entered its second month. “The […]
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How the big oil and gas CEOs think the Iran war supply disruption will play out
HOUSTON — The CEOs of the world’s most influential oil and gas companies delivered a sobering message this week about the impact of the Iran war on energy supplies and the long-term consequences for the global economy. The executives gathered in Houston, Texas, for S&P Global’s annual CERAWeek energy conference to take stock of the […]
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New fees, fewer flights: Higher fuel prices pinch consumer budgets beyond the gas pump
USPS and United Airlines. Joe Raedle | Grace Hie Yoon | Anadolu | Getty Images As the U.S.-Iran war enters its fifth week, consumers are facing economic consequences that impact everything from travel planning to mail delivery. Companies and other organizations are increasingly preparing for an environment in which the conflict — and subsequent jolt […]
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Trump calls Strait of Hormuz the ‘Strait of Trump’
President Donald Trump speaks during the Future Investment Initiative Summit in Miami, March 27, 2026. Mandel Ngan | AFP | Getty Images President Donald Trump on Friday winkingly referred to the Strait of Hormuz, the vital oil-shipping route and a key choke point in the Iran war, as the “Strait of Trump.” Iran has to […]
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Dow tumbles almost 800 points and enters correction, S&P 500 posts fifth straight losing week: Live updates
Traders work on the floor of the New York Stock Exchange on March 27, 2026. Spencer Platt | Getty Images The Dow Jones Industrial Average tumbled on Friday and fell into correction territory, while Brent topped $110 after incidents in the Strait of Hormuz exacerbated investors’ energy supply concerns and President Donald Trump’s latest comments […]
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Gulf markets are splintering as the Iran war continues. Here’s what to know
A picture shows a view of the skyline in Dubai on September 12, 2024. Giuseppe Cacace | Afp | Getty Images Markets across the Gulf region have diverged sharply since the Middle East conflict began, as investors traverse big swings in energy prices and markets remain rattled by geopolitical turmoil. Saudi Arabia and Oman have […]
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