Valero Energy Corp
10-year Treasury yield is little changed as oil tumbles after Trump warns Iran over Hormuz flows
The 10-year Treasury yield was little changed on Tuesday as oil prices tumbled after President Donald Trump warned that Iran would be hit “TWENTY TIMES HARDER” if it attempted to halt shipments through the Strait of Hormuz. The yield on the 10-year Treasury fell more than 1 basis point to 4.117%. The 30-year Treasury bond rose more […]
Read More
Oil plunges 10% as Trump warns to hit Iran ‘twenty times harder’ if it blockades Strait of Hormuz
Oil prices surged about 20% on Monday as the U.S.-Israeli war with Iran continued, raising fears of prolonged disruptions to energy supplies. Anton Petrus | Moment | Getty Images Oil prices plunged 10% Tuesday after U.S. President Donald Trump warned that Tehran would be hit “twenty times harder” if it attempted to halt oil flows through the […]
Read More
Oil shock prompts South Korea to impose fuel price cap for the first time in 30 years
Riders refuel their motorbikes at a gas station in Hongdae district in Seoul, South Korea, on Saturday, July 2, 2022. Bloomberg | Bloomberg | Getty Images South Korea is set to impose a price cap on fuel products for the first time in 30 years, as oil prices skyrocketed on Monday due to the war […]
Read More
The U.S.-Iran war is the biggest oil supply disruption in history
The U.S. war against Iran has triggered the largest oil supply disruption in history, more than double the previous record set during the Middle East crisis of the 1950s, according to an analysis by consulting firm Rapidan Energy. About 20% of the world’s oil supply has been disrupted for nine days now as tanker traffic […]
Read More
GOP Whip Tom Emmer predicts oil prices will drop after Iran war
House Majority Whip Tom Emmer urged calm on Monday as oil prices surged amid fallout from the Iran war, calling the conflict a “short-term experience” during an appearance on CNBC’s “Squawk Box.” “Yes, there are going to be some temporary effects on our domestic economy, but as soon as this is taken care of, those […]
Read More
Oil prices top $100, FDA leadership change, the wellness boom and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. If you’re getting on a plane soon, consider this a public service announcement that you may want to give yourself extra time for security lines. Stock futures are tanking this morning following a losing week on Wall Street. Here are […]
Read More
Treasury yields climb higher as investors monitor Iran war and soaring oil price
Signs display prices for gasoline at stations on March 2, 2026 in Chicago, Illinois. Scott Olson | Getty Images U.S. Treasury yields climbed higher on Monday as oil prices soared past $100 a barrel and increased inflation fears among investors. The benchmark 10-year Treasury yields rose more than 4 basis points to 4.175%, and the […]
Read More
CNBC Daily Open: Oil storms past $100 for first time since 2022
Traders work at the New York Stock Exchange on March 2, 2026. NYSE What you need to know today Crude oil finally did what analysts have been warning about in the past week: it blew past $100 per barrel on Sunday as Iran continues its closure of the critical Strait of Hormuz. It was the […]
Read More
U.S. orders staff to leave Saudi Arabia as Iran war spreads and oil surges above $110
Smoke rises from the site of airstrikes in a central area of the Iranian capital Tehran on March 6, 2026. Atta Kenare | Afp | Getty Images The U.S. government ordered non-emergency government employees to leave Saudi Arabia as the war engulfing Iran widened across the Middle East, pushing oil prices above $110 per barrel […]
Read More
CNBC Daily Open: Oil surges past $100 per barrel as Iran war rages
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 3, 2026. REUTERS/Brendan McDermid Brendan Mcdermid | Reuters What you need to know today Crude oil finally did what analysts have been warning about in the past week: it blew past $100 per barrel on Sunday as […]
Read More