United States Oil Fund
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. […]
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$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 […]
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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 […]
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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 […]
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Live Updates: Iran’s retaliatory strikes and regional tensions surge post-Khamenei
Trump warns Iran against retaliation, vows using force “never been seen before” U.S. President Donald Trump warned Sunday that Washington would respond with unprecedented force if Iran retaliates against recent U.S. strikes. In a post on Truth Social, Trump wrote: “Iran just stated that they are going to hit very hard today, harder than they […]
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Iran after Khamenei: What’s next and what it means for the world?
A woman holds an illustration depicting Iran’s Supreme Leader Ayatollah Ali Khamenei as others wave Iranian national flags during a demonstration in support of the government and against US and Israeli strikes outside a mosque in Tehran on February 28, 2026. Atta Kenare | Afp | Getty Images The death of Iran’s Supreme Leader Ayatollah […]
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How the attack on Iran could impact the global oil market and economy
The joint U.S. and Israeli attack on OPEC member Iran risks a major oil supply disruption in the Middle East that, in a worst-case scenario, could trigger a global economic recession. Follow CNBC’s live coverage of the U.S.-Israel strikes in Iran Iran is the fourth-largest oil producer in OPEC at just over 3 million barrels […]
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U.S.-Iran strikes live updates: Explosions heard as retaliation targets U.S. military bases
House Speaker Johnson: ‘Iran is facing the severe consequences of its evil actions’ U.S. House Speaker Mike Johnson (R-LA) holds a press conference on Capitol Hill in Washington, D.C., U.S., Feb. 3, 2026. Annabelle Gordon | Reuters House Speaker Mike Johnson, R-La., on Saturday said “Iran is facing the severe consequences of its evil actions.” […]
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