A pumpjack stands at the Inglewood Oil field in Los Angeles, California on March 17, 2026. Patrick T. Fallon | Afp | Getty Images Oil prices extended gains as Middle East remains on the boil with strikes on energy infrastructure in the region fanning fears of a supply crunch. Qatar said Wednesday that Iranian missile…
Iran’s then incumbent Minister of Intelligence Esmail Khatib (C) sits with Iran’s President Masoud Pezeshkian (C-R) before a speech to members of parliament in the capital Tehran, on August 17, 2024, as he defends his cabinet selection. Atta Kenare | Afp | Getty Images Israel’s Defense Forces said Wednesday that Iran’s Intelligence Minister Esmail Khatib…
Tankers sail in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the U.S.-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026. Stringer | Reuters French Finance Minister Roland Lescure told CNBC that France is willing to support the U.S. in…
Commercial vessels are pictured offshore in Dubai on March 11, 2026. – | Afp | Getty Images Iran’s de facto blockade of the Strait of Hormuz has stoked fears of the gravest disruption to global oil supply in history, as the Middle East conflict stretches into its third week. The blockade has squeezed shipping traffic…
A pump jack is seen on March 17, 2026 in Stanton, Texas. Brandon Bell | Getty Images Oil prices slipped on Wednesday despite escalating attacks on the United Arab Emirates’ energy infrastructure, as rising U.S. crude inventories helped offset rising geopolitical risk premiums. Prices of Brent, the international benchmark, declined 1.17% to $102.19 per barrel….
Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural styles George Pachantouris | Moment | Getty Images Asia-Pacific markets were set to climb Wednesday as investors tracked escalating tensions in the Middle East. A fresh wave of attacks on the United Arab Emirates’ energy infrastructure has heightened fears of prolonged supply disruptions amid the…
Traders work on the floor of the New York Stock Exchange at the opening bell, March 12, 2026. Timothy A. Clary | Afp | Getty Images LONDON — European stocks are set to open broadly flat on Tuesday as global markets remain volatile and oil prices continue to fluctuate. The U.K.’s FTSE 100 index is…
Oil prices headed for weekly gains as of Friday, despite the U.S. issuing a 30-day license for countries to buy Russian oil and petroleum products at sea. Bloomberg Creative Photos | Bloomberg Creative Photos | Getty Images Oil prices jumped over 2% on Tuesday as uncertainty lingered over a U.S.-led coalition to protect shipping through…
U.S. President Donald Trump speaks during a lunch with the Trump Kennedy Center Board Members in the East Room of the White House on March 16, 2026 in Washington, DC. Alex Wong | Getty Images President Donald Trump said Monday that he is frustrated some countries will not join a coalition to escort oil tankers…
A family sits against the backdrop of a dockyard off the coastal city of Fujairah, in the Strait of Hormuz in the northern Emirate on Feb. 25, 2026. Giuseppe Cacace | Afp | Getty Images A drone attack at the United Arab Emirates’ key oil trading hub of Fujairah triggered a large fire, authorities said…
