United States Oil Fund
EV demand is getting a boost from the Iran war — just as auto giants pivot back to combustion engines
An electric vehicle (EV) is left to charge at a charging station in Tehran on February 23, 2026. Atta Kenare | Afp | Getty Images The sprawling Middle East crisis is expected to spur drivers to abandon traditional internal combustion engine vehicles in favor of EVs, analysts told CNBC, although early evidence suggests this will […]
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Iran sets up ‘toll booth’ in Strait of Hormuz, as oil tankers detour via Larak Island for safe passage
While choking off most traffic through the Strait of Hormuz, Iran has quietly established a de facto safe-shipping corridor north of Larak Island, as Tehran seeks to monetize its grip on the world’s most important oil shipping artery. Traffic through the strait has fallen by 90% since the war began on Feb 28, with Iran […]
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CNBC Daily Open: All eyes on Trump address as markets rise on ceasefire hopes
U.S. President Donald Trump attends to sign an executive order in the Oval Office of the White House in Washington, D.C., March 31, 2026. Evan Vucci | Reuters Hello, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. U.S. markets opened the second quarter in the green […]
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Oil prices fall in choppy trade as Trump addresses the U.S. on Iran war
The Liberia-flagged crude oil tanker Shenlong Suezmax successfully docked at Mumbai Port after navigating the high-risk Strait of Hormuz amid the intensifying West Asia conflict on March 11, 2026 in Mumbai, India. Hindustan Times | Getty Images Oil fell in a volatile session as traders awaited U.S. President Donald Trump’s address to the nation on […]
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Asia-Pacific markets extend recovery as investors await Trump address on Iran war
An electronic quotation board displays the Nikkei 225 stock prices on the Tokyo stock Exchange in Tokyo on Nov. 5, 2025. Greg Baker | Afp | Getty Images Asia-Pacific markets ticked higher on Thursday, tracking similar moves on Wall Street as investors await an address by Donald Trump later in the day amid hopes that […]
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Stock futures are little changed after market starts new quarter on strong footing: Live updates
Traders work on the floor of the New York Stock Exchange during morning trading on March 30, 2026 in New York City. Michael M. Santiago | Getty Images U.S. stock futures were little changed on Wednesday night after the major averages all rose to start the second quarter. Traders also awaited the latest updates on […]
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Trump address live updates: President to speak on Iran tonight
Iran’s president slams U.S. ‘aggression’ in letter aimed at American people Iranian President Masoud Pezeshkian looks on as he attends a press conference with Emir of Qatar Sheikh Tamim bin Hamad Al Thani (not pictured), in Tehran, Iran. February 19, 2025. Majid Asgaripour | Via Reuters Iranian President Masoud Pezeshkian, in a letter Wednesday addressed to […]
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Stocks making the biggest moves midday: Eli Lilly, Hasbro, Philip Morris, Intel, Micron & more
Check out the companies making the biggest moves in midday trading: Eli Lilly — The Food and Drug Administration approved Foundayo , the company’s once-a-day GLP-1 pill to treat obesity. Shares rose about 4% on the news. Hasbro — The toymaker fell more than 4% after it disclosed a cybersecurity incident where there was unauthorized […]
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Germany stops gas stations from raising pump prices more than once a day
BERLIN, GERMANY – MARCH 16: A truck and a bicyclist pass by a petrol station that shows gasoline prices well over EUR 2.00 per litre on March 16, 2026 in Berlin, Germany. The German government, in response to dramatic price increases of petrol in Germany since the outbreak of the U.S.-Israeli military conflict with Iran, […]
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Trump says Iran’s president asked for ceasefire, but U.S. wants Hormuz Strait open first
President Donald Trump on Wednesday said Iran’s president has asked the U.S. for a ceasefire. But the U.S. will “consider” the offer only once the Strait of Hormuz is “open, free, and clear,” Trump said on Truth Social. “Until then, we are blasting Iran into oblivion or, as they say, back to the Stone Ages!!!” […]
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