Iran
‘Please, please, please’: Denmark urges citizens to avoid driving as oil prices spike
Gasoline prices at a Uno-X gas station in Copenhagen, Denmark, on March 9, 2026. Nurphoto | Nurphoto | Getty Images Denmark’s energy minister urged citizens of the Scandinavian country to cut back on energy use and ditch cars as the price of oil continues to skyrocket amid the Middle East conflict. Lars Aagaard, Denmark’s minister […]
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European stocks fall further as oil prices jump despite reserve release; Leonardo shares pop 8%
An oil pumpjack operates in the Inglewood Oil Field on March 10, 2026 near Los Angeles, California. Mario Tama | Getty Images LONDON — European stocks extended losses on Thursday as investors monitor the Iran war and volatile global oil prices. Shortly after the opening bell, the pan-European Stoxx 600 was down 0.5%, with most […]
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Three more ships struck in the Persian Gulf as Iran warns of oil prices hitting $200
Commercial vessels are pictured offshore in Dubai on March 11, 2026. AFP | Getty Images Three more foreign ships were struck in the Persian Gulf overnight, authorities said, as attacks intensify on vessels sailing through or near the strategically vital Strait of Hormuz. The latest incidents come after three separate vessels sustained damage in Gulf […]
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CNBC Daily Open: Oil markets: Nice try on the reserve release
A dark smoke cloud engulfs destroyed vehicles near an ongoing fire following an overnight airstrike on the Shahran oil refinery in northwestern Tehran on March 8, 2026. – | Afp | Getty Images Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily Open. While I am a […]
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The Iran war is pushing up European energy prices. Here’s why a Ukraine-style inflation shock could still be avoided
The energy price shock that followed Russia’s invasion of Ukraine four years ago is fresh in the minds of European policymakers as the conflict in Iran once again drives oil and gas prices higher. Experts, however, think this time could be different. Fears of a full-blown energy crisis on that scale — which saw oil […]
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Inside India newsletter: How the war in the Middle East is set to determine India’s trade route to Europe
This report is from this week’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse. Subscribe here. The big story India rarely ties its foreign policy to a single partner or bloc. But war has a way of forcing choices. The escalating U.S.–Israel war with Iran is now compelling […]
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Asia-Pacific markets fall as Iran war continues to fuel oil volatility
Pump jacks operate in a field on March 11, 2026 in Gillett, Texas. Brandon Bell | Getty Images Asia-Pacific markets fell Thursday as investors grappled with volatile oil prices and escalating tensions in the Middle East, even after the U.S. and its allies announced an unprecedented emergency release of crude reserves to calm energy markets. […]
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Iran war: Trump will release 172 million barrels of oil from Strategic Petroleum Reserve
The U.S. will release 172 million barrels of oil from the Strategic Petroleum Reserve to help lower energy costs during the Iran war, Energy Secretary Chris Wright said Wednesday evening. The U.S. will start releasing barrels next week but it will take about 120 days to deliver them all, Wright said. President Donald Trump said […]
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Dow slides 300 points as oil prices move higher again amid Iran conflict: Live updates
Traders work on the floor of the New York Stock Exchange during morning trading on March 10, 2026 in New York City. Michael M. Santiago | Getty Images The Dow Jones Industrial Average fell on Wednesday as investors continued to eye developments in the U.S.-Iran war and oil prices. The 30-stock index shed 328 points, […]
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Iran war: Trump says he’s not worried about domestic terror attack
U.S. President Donald Trump speaks to the media next to White House press secretary Karoline Leavitt, at the White House in Washington, D.C., U.S., March 11, 2026. Brian Snyder | Reuters President Donald Trump on Wednesday said he’s not worried about Iran executing a terror attack within the United States in retaliation for the ongoing […]
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