Iran
CNBC Daily Open: Oil surges past $100 per barrel as Iran war rages
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 3, 2026. REUTERS/Brendan McDermid Brendan Mcdermid | Reuters What you need to know today Crude oil finally did what analysts have been warning about in the past week: it blew past $100 per barrel on Sunday as […]
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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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Global week ahead: Diplomacy in ruins as G7 meets on Iran
The flags of Canada, France, Germany, Italy, Japan, the United Kingdom, the United States, and the European Union ahead of the Group of Seven (G-7) Leaders’ Summit in Banff, Alberta, Canada, on Saturday, June 14, 2025. Bloomberg | Bloomberg | Getty Images The war in Iran will present the G7 countries with one of the […]
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Iranian projectiles continue to strike Gulf countries’ infrastructure
March 8, 2026: 23 Marina building damaged by drone Debris in Dubai’s Marina Emma Graham, CNBC Gulf states reported more damage to infrastructure over the weekend as Iran continues to attack regional allies in retaliation for ongoing strikes by U.S. and Israeli forces. The United Arab Emirates said it was “dealing with incoming missile and […]
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China says ‘thorough preparations’ needed as Trump-Xi meeting hangs in the balance amid Iran war
Chinese Foreign Minister Wang Yi attends a press conference on China’s foreign policy and external relations on the sidelines of the fourth session of the 14th National People’s Congress (NPC) on March 8, 2026 in Beijing, China. Vcg | Visual China Group | Getty Images BEIJING — China’s top diplomat Wang Yi underscored Sunday the […]
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Saudi Arabia told Iran not to attack it, warns of possible retaliation, sources say
U.S. Secretary of State Marco Rubio meets with Saudi Foreign Minister Prince Faisal bin Farhan Al Saud at Department of State, in Washington, D.C., U.S., April 9, 2025. Ken Cedeno | Reuters Saudi Arabia has told Tehran that while it favors a diplomatic settlement to Iran’s conflict with the United States, continued attacks on the […]
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