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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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Three more ships struck in the Persian Gulf as Iran warns of oil prices hitting $200
Commercial vessels are pictured offshore in Dubai on March 11, 2026. AFP | Getty Images Three more foreign ships were struck in the Persian Gulf overnight, authorities said, as attacks intensify on vessels sailing through or near the strategically vital Strait of Hormuz. The latest incidents come after three separate vessels sustained damage in Gulf […]
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CNBC Daily Open: Oil markets: Nice try on the reserve release
A dark smoke cloud engulfs destroyed vehicles near an ongoing fire following an overnight airstrike on the Shahran oil refinery in northwestern Tehran on March 8, 2026. – | Afp | Getty Images Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily Open. While I am a […]
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CNBC Daily Open: Oil and trade tariff uncertainty rattle global markets
A vendor pumps petrol from Iranian fuel oil tankers for resale near the Bashmagh border crossing on March 11, 2026. The International Energy Agency said its member countries would unlock 400 million barrels of oil from their reserves to ease the impact of the Middle East war, the biggest such release ever. The crude market […]
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Dow slides 300 points as oil prices move higher again amid Iran conflict: Live updates
Traders work on the floor of the New York Stock Exchange during morning trading on March 10, 2026 in New York City. Michael M. Santiago | Getty Images The Dow Jones Industrial Average fell on Wednesday as investors continued to eye developments in the U.S.-Iran war and oil prices. The 30-stock index shed 328 points, […]
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IEA agrees to release record 400 million barrels of oil to address Iran war supply disruption
The International Energy Agency on Wednesday agreed to release 400 million barrels of oil to address the supply disruption triggered by the Iran war, the largest such action in the organization’s history. The IEA did not set out a timeline for when the stocks would hit the market. It said that the reserves would be […]
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Treasury yields gain after sticky February inflation reading, oil price increase
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell on March 5, 2026 in New York City. Angela Weiss | Afp | Getty Images Treasury yields moved higher on Wednesday as investors weighed a sticky February inflation report and monitored moves in oil prices in the midst […]
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Iran sends millions of oil barrels to China through Strait of Hormuz even as war chokes the waterway
Rotterdam hopper dredger vessel operated by Van Oord sits anchored, as Iran vows to close the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Muscat, Oman, March 9, 2026. Benoit Tessier | Reuters Iran has continued to send large amounts of crude oil via the Strait of Hormuz to China even as the […]
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U.S. forces sink 16 Iranian minelayers as reports say Tehran is mining the Strait of Hormuz
In this handout photo obtained from the U.S. Defence Department, Nimitz-class aircraft carrier USS Abraham Lincoln (CVN 72) sails alongside Arleigh Burke-class guided-missile destroyer USS Frank E. Petersen Jr. (DDG 121) and Lewis and Clark-class dry cargo ship USNS Carl Brashear (T-AKE 7) in the Arabian Sea, Feb. 6, 2026. Mass Communication Specialist 1st Class […]
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Asia-Pacific markets trade higher as investors weigh developments in the Middle East
Mount Fuji and the Shinjuku skyline in Tokyo, Japan, on Friday, Feb. 14, 2025. Photographer: Kiyoshi Ota/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Asia-Pacific markets opened higher on Wednesday as investors assessed the ongoing Middle East war. Australia’s S&P/ASX 200 rose 0.35% in early trade. Japan’s Nikkei 225 jumped 1.36%, while the Topix […]
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