iShares Global Energy ETF
CNBC Daily Open: S&P 500 nears all-time high
Tourists walk past the U.S. Capitol and are reflected in the window of a parked ambulance on Capitol Hill in Washington, D.C., U.S., April 14, 2026. Evelyn Hockstein | Reuters Hello, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. Markets appear to think a deal between […]
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CNBC Daily Open: Markets bet on a U.S.-Iran deal amid Hormuz blockade
Hello, this is Anniek Bao writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. The dominant story is still the Strait of Hormuz, and it’s getting more complicated by the hour. Oil has dropped below $100 per barrel on signs that diplomatic efforts for resolving the Mideast conflict are ongoing, even […]
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Oil soars again — Why the economy could be spared a 2022-style inflationary surge
Oil prices spiked once again on Monday morning, rebounding above $100 a barrel after Middle East peace talks in Islamabad faltered and reigniting fears of another energy-driven inflationary surge through the global economy. But the lasting impact from the energy price shock caused by the U.S.-Iran conflict could actually prove to be disinflationary for developed […]
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Hormuz blockade could deepen world’s worst energy crisis — and risk a dangerous misstep
Lightning occurs when META 4, an Oil Products Tanker, sails into Muscat Anchorage on March 21, 2026 at Sultan Qaboos Port in Muscat, Oman. Elke Scholiers | Getty Images President Donald Trump ordered a naval blockade of the Strait of Hormuz on Sunday, dimming hopes for a quick end to the conflict in the Middle […]
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CNBC Daily Open: Trump lashes out at Iran and the Pope
US President Donald Trump attends UFC 327: Jiri Prochazka vs Carlos Ulberg at Kaseya Center in Miami, on April 11, 2026. (Photo by Julia Demaree Nikhinson / POOL / AFP via Getty Images) Julia Demaree Nikhinson | Afp | Getty Images Hello, this is Leonie Kidd writing to you from London. Welcome to another edition […]
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CNBC Daily Open: Trump goes from opening the Strait of Hormuz to blockading it
Iranian Parliament Speaker, Mohammad Bagher Ghalibaf, gestures while speaking with media in a media conference at a conference hall in the Iranian Parliament building in Tehran, Iran, on Dec. 2, 2025. Morteza Nikoubazl | Nurphoto | Getty Images Hello, this is Anniek Bao writing to you from Singapore. Welcome to another edition of CNBC’s Daily […]
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Iran attacks on crucial Saudi pipeline and production facilities slash kingdom’s oil output
Saudi Arabia’s critical pipeline to the Red Sea suffered a recent attack from Iran, cutting throughput by 700,000 barrels per day. The attack hit a pumping station on the East-West pipeline, according to a state-news agency report. This pipeline brings crude oil from processing facilities near the Persian Gulf to an export terminal on the […]
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‘Weeks, if not months’: Strait of Hormuz tanker traffic won’t normalize anytime soon
Cargo vessel, Ali 25, in the Gulf, near the Strait of Hormuz on March 22, 2026 in northern Ras al Khaimah, United Arab Emirates. Getty Images The U.S. and Iran’s “fragile truce” has lifted hopes that a full reopening of the Hormuz Strait can end the energy supply crunch that threatens to cripple the global […]
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CNBC Daily Open: Trump touts “next conquest”
President Donald Trump delivers a speech to U.S. Navy personnel on board the US Navy’s USS George Washington aircraft carrier at the US naval base in Yokosuka on October 28, 2025. Philip Fong | Afp | Getty Images Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily […]
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Brent oil spot price above $120 in sign that Iran ceasefire can’t solve deep disruption
The spot price for cargos of Brent crude oil came in at $124.68 per barrel on Wednesday in a sign that the Iran ceasefire agreement is unlikely resolve the deep supply disruption triggered by the five-week war. The spot price governs Brent oil for delivery in the next 10 to 30 days, in contrast to […]
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