@LCO26U
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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From panic to pricing in: Are markets past ‘peak fear and sell-off’ despite oil price surge?
Traders work on the floor of the New York Stock Exchange during morning trading on April 08, 2026 in New York City. Michael M. Santiago | Getty Images The U.S. move to blockade the critical Strait of Hormuz has led to a familiar market response: surging crude prices, rising bond yields and a firmer dollar. […]
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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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Asia markets set for mixed open as oil surges after U.S. moves to blockade Iran ports
Debris of a NATO air defence system that intercepted a missile launched from Iran is seen in Dortyol, in southern Hatay province, Turkey, March 4, 2026 in this screengrab from video. Ihlas News Agency | Via Reuters Asia-Pacific markets were set to open mixed Monday, as investors weigh a U.S. naval blockade on Iran’s ports […]
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Oil prices surge above $100 as U.S. Navy to blockade Iran’s ports after peace talks fail
Oil tankers and gas tankers were affected by the closure of the Strait of Hormuz, leading to a global energy crisis stemming from the war in the Middle East. Photos For You | Moment | Getty Images Crude oil prices surged on Sunday, as the U.S. Navy prepares to impose a blockade on Iran’s ports […]
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White House warned staff against making Iran war bets on prediction markets
Samuel Boivin | Nurphoto | Getty Images The White House last month warned staff in an email not to make prediction markets bets related to the Iran war, a Trump administration official confirmed Friday. The warning came amid increasing concern about insider trading on prediction markets such as Polymarket after a series of suspiciously timed […]
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Here’s the inflation breakdown for March 2026 — in one chart
A woman shops for dairy products at a local supermarket in the Sugar Hill neighborhood of the Manhattan borough of New York City on April 9, 2026. Charly Triballeau | Afp | Getty Images Inflation spiked in March as the Iran war pushed up gasoline and other prices for consumers. The consumer price index, a […]
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Airports could face a jet fuel crunch within 3 weeks as airlines weigh flight cancellations
Lufthansa Airbus A340 passenger aircraft as seen landing at Eindhoven Airport EIN during a rare charter flight, arriving from Athens, Greece. Nicholas Economou | Nurphoto | Getty Images Europe’s airport industry has warned that jet fuel shortages could hit within three weeks, disrupting summer travel and “significantly” harming the European economy. ACI Europe, which represents […]
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What’s at stake ahead of crucial U.S-Iran peace talks as leaders meet in Pakistan
Prime Minister of Pakistan Shehbaz Sharif speaks during the 80th session of the UN’s General Assembly (UNGA) at the United Nations headquarters on Sept. 26, 2025 in New York City. Taylor Hill | Getty Images Delegates from the U.S. and Iran are set to enter talks in Pakistan on Saturday, as major disagreements threaten to […]
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