Occidental Petroleum Equity Warrants Exp 3rd August 2027
Pete Hegseth on Strait of Hormuz: ‘Don’t need to worry about it’
U.S. Secretary of Defense Pete Hegseth holds a briefing amid the U.S.-Israeli conflict with Iran, at the Pentagon in Washington, D.C., U.S., March 2, 2026. Elizabeth Frantz | Reuters Defense Secretary Pete Hegseth on Friday brushed aside concerns that the effective closure of the Strait of Hormuz because of the Iran war, which has spiked […]
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$100 oil, PCE data, MLB valuations and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. The U.S. launched 60 more trade investigations last night, as the Trump administration continues to look for ways to replace the president’s now-overturned duties. The new probes focus on forced labor trade practices. Stock futures are higher this morning after […]
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Oil holds near $100 as Trump says America ‘has ammunition and plenty of time’ to fight Iran war
The Callisto tanker sits anchored in Port Sultan Qaboos as the traffic is down in the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Muscat, Oman, March 12, 2026. Benoit Tessier | Reuters Brent crude oil, the global benchmark, held near $100 on Friday morning as the U.S.-Iran war heads toward its third […]
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European stocks trade lower as oil prices stay above $100 a barrel
Oil prices surged about 20% on Monday as the U.S.-Israeli war with Iran continued, raising fears of prolonged disruptions to energy supplies. Anton Petrus | Moment | Getty Images LONDON — European stocks opened the week’s final trading session in negative territory, as investors continued to weigh the ongoing conflict in the Middle East and its lasting […]
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CNBC Daily Open: Russian oil draws a crowd
Tankers are seen off the coast of the Fujairah, as Iran vows to close the Strait of Hormuz, amid the U.S.-Israel conflict with Iran, in Fujairah, United Arab Emirates, March 3, 2026. Amr Alfiky | Reuters Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily Open. As […]
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Asia-Pacific markets tumble as investors brace for a prolonged war in Middle East
Commercial vessels are pictured offshore in Dubai on March 11, 2026. – | Afp | Getty Images Asia-Pacific markets opened lower Friday as oil prices soared on renewed fears that a prolonged conflict in the Middle East could further crimp energy supplies, stoking fears of a global economic downturn. Iran’s new Supreme Leader Mojtaba Khamenei […]
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U.S. allows temporary purchases of Russian oil already at sea to stabilize energy markets
Russian supertanker Astro Lupus waits to unload its cargo of the first direct shipment of Russian crude oil on July 3, 2002 in the Gulf of Mexico. Pool | Afp | Getty Images The U.S. on Thursday temporarily authorized the purchase of Russian oil stranded at sea to stabilize energy markets. U.S. Treasury Secretary Scott […]
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Stock futures are flat ahead of key inflation data; traders monitor oil prices and Iran war: 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 were little changed on Thursday night as investors await key U.S. inflation data. The report comes as […]
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Iran War: U.S. Navy will escort vessels through Strait of Hormuz as soon as ‘militarily possible,’ Bessent tells Sky News
The U.S. Navy will begin escorting ships through the Strait of Hormuz as soon as “militarily possible,” Treasury Secretary Scott Bessent told Sky News on Thursday. “That was always in our planning, that there’s the chance that the U.S. Navy or perhaps an international coalition will be escorting oil tankers through,” Bessent said in that […]
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Oil reserves, tariff investigations, airline fuel prices and more in Morning Squawk
1. Barrel roll-out Pumpjacks operate while others stand idle in the Belridge oil field on March 10, 2026 near McKittrick, California. Mario Tama | Getty Images The member states of the International Energy Agency yesterday agreed to release 400 million barrels of oil from its reserves, the largest release from the agency’s emergency stockpile ever. […]
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