United States Oil Fund
Iranian projectiles continue to strike Gulf countries’ infrastructure
March 8, 2026: 23 Marina building damaged by drone Debris in Dubai’s Marina Emma Graham, CNBC Gulf states reported more damage to infrastructure over the weekend as Iran continues to attack regional allies in retaliation for ongoing strikes by U.S. and Israeli forces. The United Arab Emirates said it was “dealing with incoming missile and […]
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Saudi Arabia told Iran not to attack it, warns of possible retaliation, sources say
U.S. Secretary of State Marco Rubio meets with Saudi Foreign Minister Prince Faisal bin Farhan Al Saud at Department of State, in Washington, D.C., U.S., April 9, 2025. Ken Cedeno | Reuters Saudi Arabia has told Tehran that while it favors a diplomatic settlement to Iran’s conflict with the United States, continued attacks on the […]
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Kuwait cuts oil production as Strait of Hormuz closure disrupts global energy market
Kuwait said Saturday that it has cut oil production and refining output because tankers cannot transit the Persian Gulf due to threats from Iran. The Arab monarchy did not say how many barrels per day it has cut, but described the output reduction as a precautionary measure that will be “reviewed as the situation develops.” […]
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Will Iran war fallout end the bull market? When investors really need to worry
If oil trades above $100 a barrel for a while, the U.S. economy could be in for major shocks, according to Bank of America. Oil prices have surged since the U.S.-Israeli strikes on Iran last weekend, with West Texas Intermediate futures posting their biggest ever weekly gain, soaring 35%. The benchmark U.S. crude closed at […]
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Iran war threatens to scramble the ‘affordability’ midterm
U.S. President Donald Trump points his finger as he arrives to deliver remarks on the U.S. economy and affordability at the Mount Airy Casino Resort in Mount Pocono, Pennsylvania, U.S. December 9, 2025. Jonathan Ernst | Reuters November’s midterm was always supposed to be about affordability. Then, the bombs began falling in Iran. The expanding […]
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Trump admin announces $20 billion reinsurance program for oil tankers during Iran war
The Texas Voyager oil tanker sits anchored off the coast of Chevron’s El Segundo Refinery in El Segundo, California on March 4, 2026. Patrick T. Fallon | Afp | Getty Images The Trump administration on Friday announced a $20 billion reinsurance program for oil tankers and other maritime traffic in an effort to get vessels […]
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U.S.-Iran war exposes big market concentration risk. It isn’t in S&P 500 stocks
ETF Edge U.S.-Iran war exposes big market concentration risk. It isn’t in S&P 500 stocks Published Fri, Mar 6 202612:52 PM EST Krysta Escobar WATCH LIVE Source
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Jim Cramer sees opportunities in Friday’s ugly market. Here’s where he is looking
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. Stocks fell Friday as the war in the Middle East escalated. The S & P 500 and Nasdaq were both off roughly 1% after President Donald Trump said Friday […]
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