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White House: ‘The U.S. Navy has not escorted a tanker or a vessel at this time’
U.S. Energy Secretary Chris Wright and Venezuela’s interim President Delcy Rodriguez, not pictured, speak with the media after attending a meeting, marking the highest-level U.S. visit focused on energy policy to the OPEC nation in nearly three decades, as Washington conducts its first on-the-ground assessment of the oil industry it aims to help rebuild, in […]
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IEA countries to meet later Tuesday on release of oil reserves, but no decision made yet
The International Energy Agency will convene an extraordinary meeting of its member countries Tuesday to discuss a possible release of oil stockpiles to address the supply disruption triggered by the Iran war. The more than 30 members will “assess the current security of supply and market conditions to inform a subsequent decision on whether to […]
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10-year Treasury yield is little changed as oil tumbles after Trump warns Iran over Hormuz flows
The 10-year Treasury yield was little changed on Tuesday as oil prices tumbled after President Donald Trump warned that Iran would be hit “TWENTY TIMES HARDER” if it attempted to halt shipments through the Strait of Hormuz. The yield on the 10-year Treasury fell more than 1 basis point to 4.117%. The 30-year Treasury bond rose more […]
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Trump’s war predictions, Pershing Square files for IPO, Anthropic’s lawsuit and more in Morning Squawk
1. The magic words US President Donald Trump speaks during a press conference at Trump National Doral in Miami, Florida, on March 9, 2026. Saul Loeb | AFP | Getty Images Wall Street witnessed a stunning midday recovery yesterday after President Donald Trump indicated the U.S.-Iran war could be over soon. Trump told a CBS […]
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Iran war threatens catastrophic consequences for the oil market, Aramco CEO says
The logo of Saudi state oil giant Aramco. Fayez Nureldine | AFP | Getty Images The Iran war threatens “catastrophic consequences” for the global oil market, the CEO of Saudi oil giant Aramco has warned. Amin Nasser told an earnings call on Tuesday that the war had caused “a severe chain reaction” and “a drastic […]
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Oil plunges 10% as Trump warns to hit Iran ‘twenty times harder’ if it blockades Strait of Hormuz
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 Oil prices plunged 10% Tuesday after U.S. President Donald Trump warned that Tehran would be hit “twenty times harder” if it attempted to halt oil flows through the […]
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South Korea’s Kospi leads regional rebound, up 5%, as Trump comments drive oil lower
A currency dealer monitors exchange rates in front of a big screen showing South Korea’s benchmark stock index (C) and the Korean won/USD exchange rate (R) in a foreign exchange dealing room at the Hana Bank headquarters in Seoul on April 9, 2025. Jung Yeon-je | Afp | Getty Images South Korea’s Kospi opened more […]
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Watch live: Trump holds press conference as Iran war fallout roils oil market
[The stream is slated to start at 5:30 p.m. Please refresh the page if you do not see a player above at that time.] President Donald Trump is set to hold a press conference at his Miami-area golf club. The president’s comments at Trump National Doral are coming within hours of him telling CBS News […]
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Oil tankers transiting Strait of Hormuz ‘must be very careful,’ Iran foreign ministry warns
MarineTraffic map showing current ships traffic on Strait of Hormuz dislplayed on a laptop screen and MarineTraffic logo displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on March 5, 2026. Jakub Porzycki | Nurphoto | Getty Images Oil tankers passing through the Strait of Hormuz “must be very […]
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