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Trump reportedly warns to ‘take the oil in Iran’ as Tehran targets water, power plants in Kuwait
World

Trump reportedly warns to ‘take the oil in Iran’ as Tehran targets water, power plants in Kuwait

Smoke rises from the direction of an energy installation in the Gulf emirate of Fujairah on March 14, 2026. Smoke could be seen rising from the direction of a major UAE energy installation on March 14, in what appeared to be the latest strike targeting the Gulf’s petroleum facilities hours after the US struck Iran’s […]

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Oil surges 3% as Iran war escalates with Yemen’s Houthis entering the Mideast conflict
World

Oil surges 3% as Iran war escalates with Yemen’s Houthis entering the Mideast conflict

Smoke emanates from smokestacks from an oil refinery in Linden, New Jersey, on March 18, 2026. Kena Betancur | AFP | Getty Images Oil prices climbed Monday after Yemen’s Houthis said they had fired missiles at Israel, opening a new front in the U.S.-Israeli war with Iran. May futures for international benchmark Brent crude rose […]

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Dow tumbles almost 800 points and enters correction, S&P 500 posts fifth straight losing week: Live updates
World

Dow tumbles almost 800 points and enters correction, S&P 500 posts fifth straight losing week: Live updates

Traders work on the floor of the New York Stock Exchange on March 27, 2026. Spencer Platt | Getty Images The Dow Jones Industrial Average tumbled on Friday and fell into correction territory, while Brent topped $110 after incidents in the Strait of Hormuz exacerbated investors’ energy supply concerns and President Donald Trump’s latest comments […]

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Oil prices falls as Trump says Iran let 10 tankers through Hormuz as a ‘present’
World

Oil prices falls as Trump says Iran let 10 tankers through Hormuz as a ‘present’

Dwayne Schnell | 500px Plus | Getty Images Oil prices fell on Friday after President Donald Trump said Iran had allowed 10 oil tankers to pass through the Strait of Hormuz this week as a “present” to the United States, signaling a tentative easing of tensions in the critical shipping chokepoint. International benchmark Brent crude […]

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China industrial profits surge 15% to start year, but oil price shock threatens outlook
World

China industrial profits surge 15% to start year, but oil price shock threatens outlook

An oil tanker unloads crude oil at a terminal at the port in Qingdao, in China’s eastern Shandong province on March 11, 2026. – | Afp | Getty Images Chinese industrial firms saw their profits surge in the first two months of this year as officials pressed ahead with efforts to contain the fallout from […]

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CNBC Daily Open: Could the Strait of Hormuz be close to reopening? Markets cast doubt
World

CNBC Daily Open: Could the Strait of Hormuz be close to reopening? Markets cast doubt

Illustration of the Strait of Hormuz on a globe under a magnifying glass. Cfoto | Future Publishing | Getty Images Hello, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. Speaking on the economic fallout from the Iran war in a Cabinet meeting Thursday, President Donald Trump […]

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Asia markets fall, tracking losses on Wall Street as Trump extends Iran strike deadline
World

Asia markets fall, tracking losses on Wall Street as Trump extends Iran strike deadline

Pedestrians walk past the Exchange Square complex, which houses the Hong Kong Stock Exchange, in Hong Kong, China, on Tuesday, March 23, 2021. Paul Yeung | Bloomberg via Getty Images Asia-Pacific markets fell Friday following a volatile session on Wall Street overnight, as investors continued to parse the contradictory messaging on the Middle East from […]

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CNBC Daily Open: Iran rejects ceasefire, but reviews peace plan
World

CNBC Daily Open: Iran rejects ceasefire, but reviews peace plan

Hello, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. U.S. markets rebounded on Wednesday as traders signaled hope that Washington and Tehran can eventually reach a ceasefire agreement. However, overall sentiment on Wall Street is waning, with economists raising their risk assessments of a U.S. recession […]

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Oil prices rise as Iran rejects direct U.S. talks despite proposal review
World

Oil prices rise as Iran rejects direct U.S. talks despite proposal review

A pump jack is seen in a field on March 18, 2026 in Pecos, Texas. Brandon Bell | Getty Images Oil prices rose Thursday after Iran signaled it had no intention of holding direct talks with the United States, even as a U.S. proposal to end the war is under review by senior officials in […]

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Dow jumps 300 points as oil falls after U.S. reportedly sends Iran peace plan: Live updates
World

Dow jumps 300 points as oil falls after U.S. reportedly sends Iran peace plan: Live updates

Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York on March 24, 2026. Angela Weiss | AFP | Getty Images Stocks jumped on Wednesday following reports that the U.S. has given Iran a plan to bring the conflict to an end, sending crude prices tumbling. […]

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