iShares Global Energy ETF
Oil prices are set to rise further as war in the Middle East escalates
In an aerial view, Marathon Petroleum Corp’s Los Angeles Refinery, one of the largest oil refineries in the North America, operates as gas prices rocket upward due to worldwide oil supply disruptions caused by the U.S. and Israeli attack on Iran, on March 10, 2026 in Carson, California. David McNew | Getty Images Oil prices […]
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U.K. confirms Iran fired two missiles at British-American base in Indian Ocean which failed to reach their target
The British Indian Ocean Territory (BIOT) or Chagos Islands (formerly the Oil Islands) is an overseas territory of the United Kingdom situated in the Indian Ocean, halfway between Africa and Indonesia. The largest island is Diego Garcia (area 44 km squared), the site of a joint military facility of the United Kingdom and the United […]
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Analysis: Trump’s unshackled presidency puts him at the center of the economy
US President Donald Trump and Sanae Takaichi, Japan’s prime minister, during a meeting in the Oval Office of the White House in Washington, DC, US, on Thursday, March 19, 2026. Aaron Schwartz | CNP | Bloomberg | Getty Images Japanese Prime Minister Sanae Takaichi embraced President Donald Trump on Thursday, and not just on policy […]
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Work from home, drive slower and don’t use gas cookers: IEA advice on weathering the global energy crisis
FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub, appearing to run out of space to contain a historic supply glut that has hammered prices, in Cushing, Oklahoma, March 24, 2016. Picture taken March 24, 2016. Nick Oxford | Reuters Supply measures alone won’t be enough to mitigate “the […]
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CNBC Daily Open: Netanyahu’s ‘ground component’ warning
Israeli Prime Minister Benjamin Netanyahu speaks during a press conference, amid the U.S.-Israel conflict with Iran, in Jerusalem, March 19, 2026. Ronen Zvulun | Reuters Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily Open. Conflicting messages for the markets to contend with this morning. The threat […]
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CNBC Daily Open: Some uncomfortable history rears its head at Trump-Takaichi meeting
WASHINGTON, DC – MARCH 19: Prime Minister of Japan Sanae Takaichi looks on during a bilateral meeting with U.S. President Donald Trump in the Oval Office of the White House on March 19, 2026 in Washington, DC. The two leaders discussed topics including the current conflict in Iran and the threat that is posed by China. (Photo […]
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Asia markets track losses on Wall Street, extending market rout on Iran war impact
Pump jacks operate in a field on March 11, 2026 in Gillett, Texas. Brandon Bell | Getty Images Asia-Pacific markets mostly declined Friday following volatile trading on Wall Street overnight as investors sold assets from government bonds to equities and metals amid the Iran war. Tehran attacked the world’s largest gas plant in Qatar, causing […]
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Stock futures tick higher, but S&P 500 heads for fourth losing week in a row amid rising oil prices: Live updates
Traders prepare as sales of MDA Space Ltd begin at the New York Stock Exchange during morning trading on March 12, 2026 in New York City. Michael M. Santiago | Getty Images News | Getty Images Stock futures ticked higher on Thursday night after new comments from Israel Prime Minister Benjamin Netanyahu appeared to somewhat […]
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$166 a barrel? Middle East oil gives clue to where all prices could be headed if Iran war drags on
The extreme spike in oil prices seen in local markets in the Middle East could give investors a glimpse into to where U.S. and Europe prices are headed if the Strait of Hormuz isn’t opened soon. Dubai crude oil prices surpassed $166 a barrel to a new record high on Thursday, according to market data […]
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Gulf states have tolerated Iranian strikes so far — but their ‘defensive’ stance won’t last forever
Fire and plumes of smoke rise from an oil facility in Fujairah, United Arab Emirates, Saturday, March 14, 2026. Altaf Qadri | AP Iran’s strikes are pushing Gulf states toward a breaking point, forcing a choice between restraint and retaliation. Iran’s Gulf neighbors have been repeatedly targeted and hit by Iranian drones and missiles as […]
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