Oil and Gas
$100 oil? Prolonged Hormuz closure could spark a 1970s-style energy shock
Tankers are seen at the Khor Fakkan Container Terminal, the only natural deep-sea port in the region and one of the major container ports in the Sharjah Emirate, along the Strait of Hormuz, a waterway through which one-fifth of global oil output passes on June 23, 2025. Giuseppe Cacace | AFP | Getty Images Oil […]
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How the attack on Iran could impact the global oil market and economy
The joint U.S. and Israeli attack on OPEC member Iran risks a major oil supply disruption in the Middle East that, in a worst-case scenario, could trigger a global economic recession. Follow CNBC’s live coverage of the U.S.-Israel strikes in Iran Iran is the fourth-largest oil producer in OPEC at just over 3 million barrels […]
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U.S. and Iran wrap up ‘most intense’ nuclear talks with no deal — more negotiations ahead
Iranian negotiating delegation departs for the site of the talks with U.S., in Geneva, Switzerland, Feb. 26, 2026. Iranian Foreign Ministry | WANA | Via Reuters The latest round of U.S.-Iran talks did not lead to a breakthrough, with both sides agreeing to extend negotiations, Iranian Foreign Minister Seyed Abbas Araghchi said, describing the discussions […]
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Hungary accuses Ukraine of ‘oil blockade,’ deploys soldiers to key energy facilities
Hungary’s Prime Minister Viktor Orban arrives to attend a European Council summit at the EU headquarters in Brussels on March 21, 2024. Sameer Al-doumy | Afp | Getty Images Hungary has accused Ukraine of disrupting oil supplies it gets from Russia and has stationed troops at critical energy facilities across the country as Prime Minister […]
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What to expect from the next round of U.S.-Iran talks as Trump threatens Tehran
U.S. President Donald Trump delivers the State of the Union address during a joint session of Congress in the House Chamber at the Capitol on February 24, 2026 in Washington, DC. Trump delivered his address days after the Supreme Court struck down the administration’s tariff strategy, and amid a U.S. military buildup in the Persian […]
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Iran and U.S. diverge in views on sanctions relief, senior Iranian official tells Reuters
Protesters carry a large “Lion and Sun” pre-Iranian Revolution national flag of Iran, during the ‘March for a Free Iran’, held by Britain’s Iranian Committee for Freedom and Stop The Hate, in London, Britain, on Jan. 18, 2026. Toby Melville | Reuters Iran and the United States have differing views over the scope and mechanism […]
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Ukraine accuses Hungary, Slovakia of ‘blackmail’ over threats to cut electricity
BRATISLAVA, SLOVAKIA – FEBRUARY 15: Slovakian Prime Minister Robert Fico speaks to the media during the joint press conference with U.S. Secretary of State Marco Rubio in the Mirror Hall of the Slovak Governmental Office on February 15, 2026 in Bratislava, Slovakia. (Photo by Zuzana Gogova/Getty Images) Zuzana Gogova | Getty Images News | Getty […]
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Trump says he’s considering limited military strike against Iran
President Donald Trump prepares to board Air Force One en route to Florida, at Pope Army Airfield at Fort Bragg, North Carolina, Feb. 13, 2026. Elizabeth Frantz | Reuters President Donald Trump said Friday that he is considering limited military strikes to pressure Iran over its nuclear program. “I guess I can say I am […]
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Oil prices hit six-month highs after Trump warns Iran of ‘bad things’ if there’s no deal
US President Donald Trump speaks to reporters on Air Force One before taking off from Joint Base Andrews, Maryland on Feb. 19, 2026. Saul Loeb | AFP | Getty Images Oil prices hovered near six-month highs on Friday after U.S. President Donald Trump warned Iran that “really bad things” will happen if there was no […]
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Trump to decide whether to attack Iran in next 10 days — oil prices jump
US President Donald Trump delivers remarks during the inaugural meeting of the “Board of Peace” at the US Institute of Peace in Washington, DC, on February 19, 2026. Saul Loeb | Afp | Getty Images President Donald Trump said Thursday that he will decide whether to launch military strikes against Iran in the next 10 […]
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