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The Iran war will change global energy markets in these important ways, oil executives say
Vessels in the Strait of Hormuz, Musandam, Oman, May 8, 2026. Stringer | Reuters The world’s energy system will change in big ways as a result of the Iran war, the CEOs of key oil and gas companies told investors on their earnings calls over the past two weeks. Iran’s blockade of the Strait of […]
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‘Not a Chance Hormuz Opens’: How Wall Street’s new NACHO trade bets on a prolonged oil shock
Traders are embracing the “NACHO” trade, a new Wall Street acronym for “Not A Chance Hormuz Opens.” as investors grow skeptical the Strait of Hormuz crisis will end soon. Maica | Istock | Getty Images Move over TACO trade. Traders now have a new acronym for a market increasingly skeptical that the Strait of Hormuz […]
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Iran focus at Trump-Xi summit may delay progress on tariffs, rare earths
Key Points Iran war may dominate the first U.S. presidential visit to China since 2017. U.S. business delegation may be smaller than those other countries have brought to China recently, according to a source familiar with the matter. The timing of the next meeting — Chinese President Xi Jinping’s visit to the U.S. — is […]
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Iran still reviewing new U.S. peace proposal as Trump predicts war will ‘be over quickly’: Reports
U.S. President Donald Trump speaks to reporters as he departs the White House in Washington, D.C., U.S., May 1, 2026. Kevin Lamarque | Reuters Iran is “currently reviewing” messages from the U.S. that it received via Pakistani mediators, but it has yet to reach a conclusion or deliver a reply, an Iranian official said Thursday, […]
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Oil rises as U.S.-Iran tensions keep traders focused on Strait of Hormuz risks
Oil/Chemical Tanker “Bald Man” at the Port of Fujairah, as the U.S.-Israel conflict with Iran limits marine traffic in the Strait of Hormuz, in Fujairah, United Arab Emirates, May 6, 2026. Amr Alfiky | Reuters Oil prices rose Thursday in volatile trading as investors continue to assess the latest developments in the Middle East amid […]
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Iran war threatens jet fuel shortage that could disrupt summer travel in Asia and Europe
Jet fuel shortages threaten to disrupt summer travel as the loss of supplies from the Middle East ripples across Asia and Europe. Exports from the Persian Gulf represented the largest single source of jet fuel supply to the global market before the U.S. and Israel attacked Iran on Feb. 28, according to the International Energy […]
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Dow rises 600 points as oil retreats on Iran deal progress; AMD jumps after earnings: Live updates
Traders work on the floor of the New York Stock Exchange on April 30, 2026. NYSE Stocks rose on Wednesday following a report that the U.S. and Iran were nearing an agreement to end the war. The Dow Jones Industrial Average added 675 points, or 1.4%. The S&P 500 advanced 1.4%, while the Nasdaq Composite […]
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Trump says Iran will be bombed ‘at much higher level’ if they don’t agree peace deal
U.S. President Donald J. Trump sits at a table monitoring military operations during Operation Epic Fury against Iran, with U.S. flags visible behind him, in Washington, United States, on March 02, 2026. Anadolu | Anadolu | Getty Images U.S. President Donald Trump said that Iran will be bombed “at a much higher level” if they […]
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European stocks soar amid growing optimism for Gulf peace deal
European stocks soared on Wednesday as traders responded to reports that the U.S. and Iran are close to an agreement that will bring an end to the war. The White House expects an Iranian response on “several key points”, including a moratorium on nuclear enrichment, in the next 48 hours, Axios reported. The countries are […]
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