United States Brent Oil Fund
Oil soars amid Strait of Hormuz shipping fears as Iran war drives prices to nearly $80
Oil prices have soared after U.S. and Israeli strikes on Iran continued on Sunday night. Brent crude prices hit a new 52-week high on Monday, surging 9.3% to reach $79.40, while U.S. West Texas Intermediate prices also rose more than 9% to $73.10. U.S. President Donald Trump said the “overwhelming military offensive” — which he […]
Read More
Iran conflict: Where things stand, global responses — and what comes next
People protest against the US and Israeli strikes on Iran, ICE immigration raids, and in support of Palestinians during a demonstration outside the Westwood Federal Building in the Westwood neighborhood of Los Angeles on June 22, 2025. Bing Guan | Afp | Getty Images The U.S.-Israel conflict with Iran is extending into its third day […]
Read More
CNBC Daily Open: Markets brace for impact of U.S.-Iran conflict as shockwaves begin to spread
People gather to mourn the death of Iran’s supreme leader Ayatollah Ali Khamenei, who was killed in joint US and Israeli strikes, at a square in Tehran on March 1, 2026. Atta Kenare | Afp | Getty Images What you need to know today U.S. President Donald Trump said Sunday he will “avenge” the deaths […]
Read More
Asia-Pacific markets tumble after Iran strikes, oil futures spike by over 8%
Interception attempts are made by Israel as missiles are launched from Iran, following Israeli and U.S. strikes on Iran, in Jerusalem March 1, 2026. Ammar Awad | Reuters Asia-Pacific markets tumbled Monday as the conflict between Iran and U.S.-Israel escalates, following the death of Iranian Supreme Leader Ayatollah Ali Khamenei, raising concerns over energy supplies. […]
Read More
$100 oil? Prolonged Hormuz closure could spark a 1970s-style energy shock
Tankers are seen at the Khor Fakkan Container Terminal, the only natural deep-sea port in the region and one of the major container ports in the Sharjah Emirate, along the Strait of Hormuz, a waterway through which one-fifth of global oil output passes on June 23, 2025. Giuseppe Cacace | AFP | Getty Images Oil […]
Read More
U.S.-Israel strikes Iran: What we know as markets brace for turmoil
JERUSALEM – FEBRUARY 28: People take shelter as Iran launched missiles and drones towards Israel following the US-Israeli attacks, in Jerusalem on February 28, 2026. Mostafa Alkharouf | Anadolu | Getty Images The U.S. and Israel launched their most aggressive attack ever on Iranian targets over the weekend that killed the Islamic state’s longtime supreme […]
Read More
Iran may ‘lash out harder’ as Khamenei’s death puts Tehran on a war footing, leaving the world bracing for what’s next
TOPSHOT – A plume of smoke rises following a reported explosion in Tehran on February 28, 2026. (Photo by AFP via Getty Images) Afp | Getty Images The escalating conflict in the Middle East is fueling fears that Washington’s pursuit of regime change in Iran, and Tehran’s retaliation, could destabilize regions from the Gulf to […]
Read More