TEL AVIV, ISRAEL – APRIL 08: An Iranian cluster munition is fired towards Tel Aviv and the surrounding area around 3 AM on April 08, 2026 in Tel Aviv, Israel. Alexi Rosenfeld | Getty Images News | Getty Images Many Middle Eastern countries reported incoming missiles and drones from Iran on Wednesday, triggering air defenses…
The Iran war poses ongoing challenges for cloud provider Amazon Web Services, its chief, Matt Garman, said Tuesday. The Amazon division said in early March that drone strikes had damaged its data centers in Bahrain and the United Arab Emirates. “It’s a really difficult situation, and we’re working incredibly hard,” Garman told CNBC’s Kate Rooney…
US President Donald Trump during a prime-time address to the nation in the Cross Hall of the White House in Washington, DC, US, on Wednesday, April 1, 2026. Alex Brandon | Bloomberg | Getty Images Investors are caught between positioning for a swift deal that ends the war and a significant escalation that could send…
The clock is ticking on the U.S.-Israeli war in Iran. The emerging view from oil industry executives and analysts is that the economic and market fallout from the war could escalate sharply if the Strait of Hormuz isn’t reopened within roughly the next one to three weeks. Even then, enough damage may have been done already…
HOUSTON — The CEOs of the world’s most influential oil and gas companies delivered a sobering message this week about the impact of the Iran war on energy supplies and the long-term consequences for the global economy. The executives gathered in Houston, Texas, for S&P Global’s annual CERAWeek energy conference to take stock of the…
Oil prices fell on Wednesday after reports that the U.S. had given Iran a plan to end the war, pushing stocks higher. Can investors finally breathe a sigh of relief? Not so fast, says Morgan Stanley. In a client note, analysts said that even a reopening of the critical Strait of Hormuz, which Iran has…
An aerial view of wind turbines at the Altamont Pass wind farm on January 13, 2026 in Livermore, California. Justin Sullivan | Getty Images The White House has agreed to pay TotalEnergies $1 billion to shelve East Coast wind farm projects that it condemned as “costly,” with the French energy giant’s investment set to be…
HOUSTON — Asian countries want to buy more U.S. energy to reduce their dependence on oil and gas exports from the Middle East, Interior Secretary Doug Burgum told CNBC on Monday. Japan, South Korea and Taiwan rely heavily on exports through the Strait of Hormuz. Oil tanker traffic through the strait has plunged as Iran…
An LPG gas tanker at anchor as traffic is down in the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Shinas, Oman, March 11, 2026. Benoit Tessier | Reuters Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily Open. I don’t know about you, but…
Pump jacks operate in a field on March 11, 2026 in Gillett, Texas. Brandon Bell | Getty Images Asia-Pacific markets traded mixed on Friday, following volatile trading on Wall Street overnight, as the Middle East war and disruptions to energy supply keep investors jittery. Iran attacked the world’s largest gas plant in Qatar, causing damage…
