Iran
The Iran war has put the brakes on the next Bank of England rate cut
A road closure sign leans against a wall outside Royal Exchange in the heart of the City of London, on 13th June 2022, in London, England. Richard Baker | In Pictures | Getty Images Before the war in Iran erupted, the Bank of England was widely predicted to be on course to cut interest rates […]
Read More
Oil shock prompts South Korea to impose fuel price cap for the first time in 30 years
Riders refuel their motorbikes at a gas station in Hongdae district in Seoul, South Korea, on Saturday, July 2, 2022. Bloomberg | Bloomberg | Getty Images South Korea is set to impose a price cap on fuel products for the first time in 30 years, as oil prices skyrocketed on Monday due to the war […]
Read More
Prediction markets face questions on bets on the Iran war, from nuclear detonation to regime change
TKO Group Holdings Inc. and Polymarket signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Thursday, Nov. 13,2025. Michael Nagle | Bloomberg | Getty Images The Iran war has shone a light on what prediction markets regard as unacceptable subjects for betting, as they faced backlash when users […]
Read More
Turkey says second Iranian ballistic missile shot down by NATO defences in airspace
Kids walk around an Iranian missile after it fell near Qamishli International Airport, near the Turkish border in the Qamishli district of Hasakah, Syria, on March 4, 2026, amid the U.S.-Israeli conflict with Iran. Amjad Kurdo | Afp | Getty Images Kids walk around an Iranian missile after it fell near Qamishli International Airport, near […]
Read More
The U.S.-Iran war is the biggest oil supply disruption in history
The U.S. war against Iran has triggered the largest oil supply disruption in history, more than double the previous record set during the Middle East crisis of the 1950s, according to an analysis by consulting firm Rapidan Energy. About 20% of the world’s oil supply has been disrupted for nine days now as tanker traffic […]
Read More
GOP Whip Tom Emmer predicts oil prices will drop after Iran war
House Majority Whip Tom Emmer urged calm on Monday as oil prices surged amid fallout from the Iran war, calling the conflict a “short-term experience” during an appearance on CNBC’s “Squawk Box.” “Yes, there are going to be some temporary effects on our domestic economy, but as soon as this is taken care of, those […]
Read More
Oil prices top $100, FDA leadership change, the wellness boom and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. If you’re getting on a plane soon, consider this a public service announcement that you may want to give yourself extra time for security lines. Stock futures are tanking this morning following a losing week on Wall Street. Here are […]
Read More
Treasury yields climb higher as investors monitor Iran war and soaring oil price
Signs display prices for gasoline at stations on March 2, 2026 in Chicago, Illinois. Scott Olson | Getty Images U.S. Treasury yields climbed higher on Monday as oil prices soared past $100 a barrel and increased inflation fears among investors. The benchmark 10-year Treasury yields rose more than 4 basis points to 4.175%, and the […]
Read More
‘Sky is the limit’: Analysts warn oil prices could surge further
Women members of Iran’s Red Crescent society stand near smoke plumes from an ongoing fire following an overnight airstrike on the Shahran oil refinery in northwestern Tehran on March 8, 2026. – | Afp | Getty Images Analysts warned on Monday that there was no precedent for the surging price of oil, as the Middle […]
Read More
Congressional Democrats demand reversal of Russian oil sales into India as energy prices soar
U.S. Sen. Ruben Gallego (D–AZ) speaks during the “People’s State of the Union” event ahead of U.S. President Trump’s State of the Union address in Washington, D.C., U.S., Feb. 24, 2026. Elizabeth Frantz | Reuters Congressional Democrats are demanding that the Trump administration immediately reverse a sanctions waiver allowing Indian refiners to purchase Russian oil […]
Read More