United States Oil Fund
Don’t be fooled by the UK’s pre-war inflation print — a ‘brutal’ surge could be coming
People dispense fuel at the pump at Costco Petrol Station in West Thurrock, Essex. The conflict in Iran has caused a surge in oil and gas prices. Picture date: Thursday March 5, 2026. Jordan Pettitt – Pa Images | Pa Images | Getty Images The U.K. inflation rate stood firm at 3% in February, according […]
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War puts the Gulf’s once‑packed conference calendar on hold
Before the Middle East war, the Gulf had positioned itself to become one of the world’s busiest hubs for conferences, exhibitions, and high‑level events. The United Arab Emirates, Saudi Arabia and Qatar have each worked hard to be seen as the crossroads for business, politics and innovation, hosting global sporting events from Formula 1 to […]
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Europe and India are too sensitive to oil prices, says UBS — buy these defensive markets instead
Monday’s relief rally in response to a delay to U.S. strikes on Iranian energy infrastructure offers an opportunity for investors to rotate into defensive assets, according to UBS analysts. UBS says it remains “positive” on equities overall but the bank has now issued a downgrade on European and Indian equities, both of which it now […]
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CNBC Daily Open: U.S.-Iran talks remain clouded in uncertainty
President Donald Trump speaks during a ceremony for newly sworn in Secretary of the Department of Homeland Security Markwayne Mullin in the Oval Office at the White House in Washington, March 24, 2026. Chip Somodevilla | Getty Images Hello, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily […]
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Oil drops more than 5% as Trump signals Iran talks despite Tehran denial
An Iranian security worker monitors an area in phase 19 of the South Pars gas field in Assalooyeh, on Iran’s Persian Gulf coast, on Aug. 23, 2016. Morteza Nikoubazl | Nurphoto | Getty Images Oil prices fell more than 5% Wednesday after U.S. President Donald Trump said that Washington and Tehran are “in negotiations right […]
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Asia-Pacific markets are set for higher open as Trump comments signal Iran war de-escalation
SEOUL, SOUTH KOREA – MARCH 05: A currency dealer works in front of an electronic screen showing South Korea’s benchmark stock index (KOSPI) in a foreign exchange dealing room at the Hana Bank headquarters on March 05, 2026 in Seoul, South Korea. The latest flare-up in the Iran conflict has hammered export‑reliant markets in South […]
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Venezuela opposition leader María Corina Machado calls for full privatization of oil industry
HOUSTON — Venezuela opposition leader María Corina Machado called Tuesday for the full privatization of the South American nation’s oil industry in an address that laid out her vision to energy executives and investors. “The Venezuelan state will get out of the way and pave the way to give the conditions so that the oil […]
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World has ‘never experienced’ soaring refining margins like this, TotalEnergies CEO tells CNBC
Roughly 15% of TotalEnergies’ production is offline, as the war with Iran nears the one-month mark, but surging oil prices have more than made up for the lost barrels, chairman and CEO Patrick Pouyanné told CNBC in an exclusive interview. With Brent crude trading solidly above $100 a barrel, much of the attention has focused […]
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Britain responds to Iran war energy shock by requiring solar panels and heat pumps in all new homes
Heat pump installer Richard Wilkins from Lotus Energy, screws in pipes to a Vaillant aroTHERM plus heat pump, that is being installed in a residential property in Farnham, Surrey, southwest of London, on June 2, 2025. Justin Tallis | Afp | Getty Images The U.K. government on Tuesday introduced new rules requiring developers to install […]
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Pakistan offers to facilitate U.S.-Iran war talks as Trump, Tehran give mixed signals
U.S. President Donald Trump (R) and Pakistani Prime Minister Shehbaz Sharif (L) attend the Peace Council meeting held during the 56th World Economic Forum in Davos, Switzerland on January 22, 2026. Harun Ozalp | Anadolu | Getty Images Pakistani Prime Minister Shehbaz Sharif on Tuesday said his country would host talks between the U.S. and […]
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