United States Brent Oil Fund
India flags slower growth, wider deficit as Iran war raises the stakes for New Delhi
People queue to refuel their vehicles at a gas station in Hyderabad, Telangana, India, on March 24, 2026, following import disruptions related to the war in the Middle East. Nurphoto | Nurphoto | Getty Images India has warned that its growth forecast of 7.0%–7.4% for the financial year ending March 2027 faces “considerable downside” risk […]
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CNBC Daily Open: Trump’s ‘favorite thing’ is Iranian oil
A satellite image shows an oil terminal at Kharg Island, Iran, February 25, 2026. 2026 Planet Labs Pbc | Via Reuters Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily Open. Sometimes, two things can be true at the same time. But U.S. President Donald Trump’s declaration […]
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European markets set to start the week lower as Iran war intensifies
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, US, on Monday, March 9, 2026. Michael Nagle | Bloomberg | Getty Images LONDON — European stocks are expected to open in negative territory on Monday as investors grapple with a further escalation in the Iran war and the conflict […]
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CNBC Daily Open: U.S. eyes ground operation as oil execs warn of price shock
This picture taken on March 26, 2026 shows an oil tanker unloading crude oil at a port in Yantai, in China’s eastern Shandong province. CN-STR | Afp | Getty Images Hello, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. On March 11, President Donald Trump said […]
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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
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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Bahrain aluminum giant says Iranian attack targeted its facility
BAHRAIN – APRIL 17: Aluminium ingots seen at the Aluminium Bahrain B.S.C plant in Bahrain, Tuesday, April 18, 2006. (Photo by Phil Weymouth/Bloomberg via Getty Images) Bloomberg | Bloomberg | Getty Images Aluminium Bahrain, which hosts the world’s largest smelter of the metal, said on Sunday its facility was subjected to an Iranian attack as […]
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Yemen’s Houthis launch Israel strike, the first time since the U.S.-Israel war began
Protesters, predominantly Houthi supporters, demonstrate in solidarity with Palestinians, in Sanaa, Yemen on Aug. 1, 2025. Khaled Abdullah | Reuters Yemen’s Houthis launched a missile strike against Israel, the group said Saturday. It was the first time the Tehran-backed militia had intervened in the U.S.-Israeli-led war against Iran, which has entered its second month. “The […]
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How the big oil and gas CEOs think the Iran war supply disruption will play out
HOUSTON — The CEOs of the world’s most influential oil and gas companies delivered a sobering message this week about the impact of the Iran war on energy supplies and the long-term consequences for the global economy. The executives gathered in Houston, Texas, for S&P Global’s annual CERAWeek energy conference to take stock of the […]
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New fees, fewer flights: Higher fuel prices pinch consumer budgets beyond the gas pump
USPS and United Airlines. Joe Raedle | Grace Hie Yoon | Anadolu | Getty Images As the U.S.-Iran war enters its fifth week, consumers are facing economic consequences that impact everything from travel planning to mail delivery. Companies and other organizations are increasingly preparing for an environment in which the conflict — and subsequent jolt […]
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