iShares Global Energy ETF
Cargo ship struck by a projectile in the Strait of Hormuz, UK says
Naval units from Iran and Russia carry out to simulation of rescue a hijacked vessel during the joint naval drills held at the Port of Bandar Abbas near the Strait of Hormuz in Hormozgan, Iran on February 19, 2026. Anadolu | Anadolu | Getty Images A cargo ship in the Strait of Hormuz has been […]
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Iran sends millions of oil barrels to China through Strait of Hormuz even as war chokes the waterway
Rotterdam hopper dredger vessel operated by Van Oord sits anchored, as Iran vows to close the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Muscat, Oman, March 9, 2026. Benoit Tessier | Reuters Iran has continued to send large amounts of crude oil via the Strait of Hormuz to China even as the […]
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U.S. forces sink 16 Iranian minelayers as reports say Tehran is mining the Strait of Hormuz
In this handout photo obtained from the U.S. Defence Department, Nimitz-class aircraft carrier USS Abraham Lincoln (CVN 72) sails alongside Arleigh Burke-class guided-missile destroyer USS Frank E. Petersen Jr. (DDG 121) and Lewis and Clark-class dry cargo ship USNS Carl Brashear (T-AKE 7) in the Arabian Sea, Feb. 6, 2026. Mass Communication Specialist 1st Class […]
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Gas prices threaten Republican lawmaker’s plans to win on affordability
High gas prices are listed at Chevron gas station in Los Angeles on March 9, 2026, as gasoline prices surge amid the ongoing war with Iran. Frederic J. Brown | Afp | Getty Images Rising gas prices and no clear end of the Iran war are clashing with GOP plans to win the November elections […]
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IEA countries to meet later Tuesday on release of oil reserves, but no decision made yet
The International Energy Agency will convene an extraordinary meeting of its member countries Tuesday to discuss a possible release of oil stockpiles to address the supply disruption triggered by the Iran war. The more than 30 members will “assess the current security of supply and market conditions to inform a subsequent decision on whether to […]
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Trump’s war predictions, Pershing Square files for IPO, Anthropic’s lawsuit and more in Morning Squawk
1. The magic words US President Donald Trump speaks during a press conference at Trump National Doral in Miami, Florida, on March 9, 2026. Saul Loeb | AFP | Getty Images Wall Street witnessed a stunning midday recovery yesterday after President Donald Trump indicated the U.S.-Iran war could be over soon. Trump told a CBS […]
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As the Iran war upends energy flows, Russia is emerging as the real winner
General view of Orsknefteorgsintez oil refinery in the city of Orsk, Orenburg region, Russia Aug. 28, 2025. Stringer | Reuters Russia is shaping up to be a major beneficiary of the war between U.S.-Israel and Iran, as higher oil prices and temporary sanctions relief boost the value and volume of its crude exports, analysts told […]
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Iran war threatens catastrophic consequences for the oil market, Aramco CEO says
The logo of Saudi state oil giant Aramco. Fayez Nureldine | AFP | Getty Images The Iran war threatens “catastrophic consequences” for the global oil market, the CEO of Saudi oil giant Aramco has warned. Amin Nasser told an earnings call on Tuesday that the war had caused “a severe chain reaction” and “a drastic […]
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Stocks making the biggest moves midday: Chevron, Hims and Hers, Xenon Pharma, Vertiv and more
Check out some of the companies making the biggest midday moves: Oil stocks – Oil stocks briefly traded higher as the commodity surged as the Iran War showed no sign of abating. U.S. crude briefly topped $110 per barrel overnight, hitting levels not seen since mid-2022. Chevron earlier hit an all-time high, Talos Energy at […]
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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 […]
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