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European markets set to start the week higher but oil prices remain in focus
Oil prices headed for weekly gains as of Friday, despite the U.S. issuing a 30-day license for countries to buy Russian oil and petroleum products at sea. Bloomberg Creative Photos | Bloomberg Creative Photos | Getty Images LONDON — European stocks are expected to start the new trading week in positive territory despite the ongoing […]
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China talks up oil sufficiency as Trump seeks Beijing’s help on securing Hormuz energy route
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 BEIJING — China on Monday stressed that it had enough energy resources as the Iran war restricts oil flows through the Strait of Hormuz, and U.S. […]
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Why Trump has his sights on Iran’s Kharg Island — and what it means for the oil market
A general view of the Port of Kharg Island Oil Terminal, 25 km from the Iranian coast in the Persian Gulf and 483 km northwest of the Strait of Hormuz, in Iran on March 12, 2017. Fatemeh Bahrami | Anadolu | Getty Images President Donald Trump’s order to strike Iranian military assets on Kharg Island […]
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U.S. oil prices top $100 as Trump administration threatens strikes on Iran’s crude export facilities
U.S. crude prices topped $100 per barrel Sunday evening, as the Trump administration weighs military strikes on OPEC member Iran’s key oil export facilities on Kharg Island. U.S. crude oil rose 2.64% to $101.32 per barrel by 6:15 p.m. ET. Brent prices, the international benchmark, were up 2.94% to $106.17 per barrel. President Donald Trump […]
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Here are the 5 big things we’re watching in the stock market in the week ahead
The Federal Reserve’s latest interest rate decision, a batch of economic data, and several notable earnings reports are all on the docket this week. However, the biggest event for Wall Street will arguably be out in California, as Nvidia holds its influential AI technology conference. Well, that is what we would usually say heading into […]
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Iran vows to kill Israel’s Netanyahu as impact of war on Gulf region widens
AT SEA – MARCH 02: (EDITOR’S NOTE: This Handout image was provided by a third-party organization and may not adhere to Getty Images’ editorial policy.) In this handout photo provided by the U.S. Navy, EA-18G Growler, attached to Electronic Attack Squadron (VAQ) 133, launches from the flight deck of Nimitz-class aircraft carrier USS Abraham Lincoln […]
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Oil loading operations at UAE’s Fujairah have resumed: media reports
Smoke and flames rise from an energy installation in the Gulf emirate of Fujairah on March 14, 2026. (Photo by AFP via Getty Images) / – | Afp | Getty Images Oil loading operations in the port of Fujairah in the United Arab Emirates have resumed following a drone strike and fire, according to media […]
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Some oil-loading operations in UAE hub of Fujairah suspended after fire: Reuters
Smoke rises from the direction of an energy installation in the Gulf emirate of Fujairah on March 14, 2026. (Photo by AFP via Getty Images) / – | Afp | Getty Images Some oil-loading operations have been suspended in Fujairah, a city in the United Arab Emirates and a key bunkering hub, after a fire […]
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Trump says U.S. ‘obliterated’ military targets on Iran’s Kharg Island but didn’t ‘wipe out’ oil infrastructure
A satellite image shows an oil terminal at Kharg Island, Iran, February 25, 2026. 2026 Planet Labs Pbc | Via Reuters U.S. President Donald Trump said on Friday that he directed the U.S. Central Command to carry out a bombing raid, hitting military targets on Iran’s Kharg Island. “Moments ago, at my direction, the United […]
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Trump can’t ‘drill, baby, drill’ his way out of this Iran-inspired oil crisis: Experts
President Donald Trump promised to “drill, baby, drill” on the presidential campaign trail. It’s not going to bail him out of this oil crisis spurred by the war he started in Iran, lawmakers and analysts say. Trump and Republicans last year aggressively ramped up policies favorable to fossil fuels after romping to an electoral victory […]
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