United States Oil Fund
South Korea’s Kospi plunges 7% amid selloff in the region as Middle East war escalates
19 November 2025, China, Shanghai: Boats sail past downtown Shanghai on the Huangpu River. The tallest building on the skyline is the Shanghai Tower (rear). Bernd von Jutrczenka | Picture Alliance | Getty Images South Korea’s Kospi declined 7.24% Wednesday, extending a steep selloff from the day before when the index recorded its worst day in […]
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Trump administration offers shifting narrative for U.S. war in Iran as Democrats pounce
President Donald Trump says combat will continue in Iran until U.S. “objectives” are complete. Those objectives and the justification for the war have remained fluid more than 48 hours into the conflict. Trump and his proxies have not been aligned on their narrative, leading to confusion about how Trump and his advisors are defining the […]
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Wall Street playbook says buy when war breaks out. How this time could be different
Investors are wondering if buying the dip when war breaks out will work this time around as the conflict between the U.S. and Iran grows. The old Wall Street adage “buy the cannons, sell the trumpets” suggests that traders might race to pick up stocks in reaction to war headlines, expecting a rebound. But the […]
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We’ve been active with trades during the Iran war fallout. Jim Cramer explains our approach
Jim Cramer on Tuesday morning explained why the Investing Club is trying to strike a delicate balance with its moves during the stock market fallout from the Iran war. “Those who flee in moments like this can never get back in,” Jim stressed during the Morning Meeting, as Wall Street sold off sharply on the […]
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Banking, payments services disrupted after Amazon UAE data centers hit in drone strikes
Foreign workers look at a tall plume of black smoke ascends following an explosion in the Fujairah industrial zone on March 3, 2026. Fadel Senna | Afp | Getty Images Apps and digital services in the United Arab Emirates are reporting outages following drone strikes on Amazon Web Services’ data centers in the country. AWS […]
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What’s next for global markets as oil surges and stocks plunge on Middle East conflict
Assets from stocks to bonds sold off across the globe on Tuesday, as the intensifying conflict in the Middle East fueled risk-off sentiment. It came as the U.S.-Iran war entered its fourth day , marked by more missile and drone strikes across the region and a warning from U.S. President Donald Trump that the conflict […]
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Luxury stocks slump as Middle East conflict risks one of the sector’s ‘few bright spots’
New York City. Adam Gray | Reuters Luxury stocks were among the hardest hit sectors early Tuesday, with European markets heading for another day of losses as the conflict in the Middle East intensified overnight. Shares of conglomerate LVMH, Gucci-owner Kering, and British outerwear maker Burberry were among the worst performers, with week-to-date losses approaching […]
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Oil prices, Target earnings, the new iPhone and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. While the war in Iran continues to unfold, today also brings the first midterm primary elections in the U.S. Here are the races to watch. Stock futures are plunging this morning following a mixed session on Wall Street. Here are […]
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Europe — told of Iran strikes just ‘minutes’ before they started — struggles to be heard as war escalates
A plume of smoke rises after a strike in Tehran, Iran, Monday, March 2, 2026. Mohsen Ganji | AP When the U.S. and Israel struck Iran on Saturday morning, “very few” people in Europe were told beforehand that the airstikes were about to begin, a senior lawmaker in the bloc told CNBC. “Very few people […]
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Oil supertanker rates hit all-time high as insurers drop war risk protection in the Middle East
Commercial ships anchor off the coast of the United Arab Emirates due to navigation disruptions in the Strait of Hormuz, Dubai on March 2, 2026. Stringer | Anadolu | Getty Images Oil supertanker costs in the Middle East climbed to their highest level on record as conflict between the U.S. and Iran disrupts shipping through […]
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