United States Brent Oil Fund
India’s Modi reaches out to Iran as energy crunch fears grip the South Asian nation
An LPG gas tanker at anchor as traffic is down in the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Shinas, Oman, March 11, 2026. Benoit Tessier | Reuters Indian Prime Minister Narendra Modi called Iranian President Masoud Pezeshkian within hours of Tehran’s new supreme leader vowing to keep the Strait of Hormuz […]
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U.S. ‘misadventure’ in Iran has no clear exit strategy, Russia’s UK ambassador says
Ambassador of the Russian Federation to the UK Andrei Kelin during an interview with PA at the official residence of the Russian Ambassador in London. Picture date: Monday February 21, 2022. Aaron Chown – Pa Images | Pa Images | Getty Images The U.S.-Israeli war on Iran is a “misadventure” whose goals and exit strategy […]
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European stocks trade lower as oil prices stay above $100 a barrel
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 LONDON — European stocks opened the week’s final trading session in negative territory, as investors continued to weigh the ongoing conflict in the Middle East and its lasting […]
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CNBC Daily Open: Russian oil draws a crowd
Tankers are seen off the coast of the Fujairah, as Iran vows to close the Strait of Hormuz, amid the U.S.-Israel conflict with Iran, in Fujairah, United Arab Emirates, March 3, 2026. Amr Alfiky | Reuters Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily Open. As […]
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U.S. launches rescue efforts after military refueling plane crashes over Iraq
A US Air Force Boeing KC-135 Stratotanker aerial-refuelling aircraft flies over Tel Aviv on March 4, 2026. Jack Guez | Afp | Getty Images The U.S. military said Thursday that a KC-135 military refueling plane was lost while flying over Iraq in an incident that was “not due to hostile or enemy fire.” The U.S. […]
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Asia-Pacific markets tumble as investors brace for a prolonged war in Middle East
Commercial vessels are pictured offshore in Dubai on March 11, 2026. – | Afp | Getty Images Asia-Pacific markets opened lower Friday as oil prices soared on renewed fears that a prolonged conflict in the Middle East could further crimp energy supplies, stoking fears of a global economic downturn. Iran’s new Supreme Leader Mojtaba Khamenei […]
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U.S. allows temporary purchases of Russian oil already at sea to stabilize energy markets
Russian supertanker Astro Lupus waits to unload its cargo of the first direct shipment of Russian crude oil on July 3, 2002 in the Gulf of Mexico. Pool | Afp | Getty Images The U.S. on Thursday temporarily authorized the purchase of Russian oil stranded at sea to stabilize energy markets. U.S. Treasury Secretary Scott […]
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Stock futures are flat ahead of key inflation data; traders monitor oil prices and Iran war: Live updates
Traders prepare as sales of MDA Space Ltd begin at the New York Stock Exchange during morning trading on March 12, 2026 in New York City. Michael M. Santiago | Getty Images News | Getty Images Stock futures were little changed on Thursday night as investors await key U.S. inflation data. The report comes as […]
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Iran War: U.S. Navy will escort vessels through Strait of Hormuz as soon as ‘militarily possible,’ Bessent tells Sky News
The U.S. Navy will begin escorting ships through the Strait of Hormuz as soon as “militarily possible,” Treasury Secretary Scott Bessent told Sky News on Thursday. “That was always in our planning, that there’s the chance that the U.S. Navy or perhaps an international coalition will be escorting oil tankers through,” Bessent said in that […]
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Strait of Hormuz must remain closed as ‘tool to pressure enemy,’ Iran’s new supreme leader says
Son of Iran’s Supreme Leader Ayatollah Ali Khamenei, Mojtaba Khamenei, attends a demonstration to mark Jerusalem day in Tehran. Morteza Nikoubazl | Nurphoto | Getty Images Iran’s new Supreme Leader Mojtaba Khamenei has said all U.S. military bases in the Middle East should close immediately as those bases will be attacked, in his first public […]
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