President Donald Trump speaks during a ceremony for newly sworn in Secretary of the Department of Homeland Security Markwayne Mullin in the Oval Office at the White House in Washington, March 24, 2026. Chip Somodevilla | Getty Images President Donald Trump said Tuesday the U.S. and Iran are “in negotiations right now” and suggested Tehran…
Sheikh Nawaf Al-Sabah, chief executive officer of Kuwait Petroleum Corp., speaks during the CERAWeek by S&P Global conference in Houston, Texas, US, on Tuesday, March 11, 2025. F. Carter Smith | Bloomberg | Getty Images HOUSTON — Kuwait on Tuesday said Iran’s closure of the Strait of Hormuz amounts to an economic blockade of Gulf…
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during the 2025 IIF annual membership meeting in Washington, DC, US, on Thursday, Oct. 16, 2025. Samuel Corum | Bloomberg | Getty Images JPMorgan Chase CEO Jamie Dimon said Tuesday that while the Iran war poses near-term risks, it may ultimately improve the prospects for…
Gold bars weighing 1000 grams each are displayed at the Austrian Gold and Silver Refinery (Oegussa) in Vienna, Austria, on Feb. 3, 2026. Georg Hochmuth | AFP | Getty Images Gold extended its slide on Tuesday, deepening its bear market phase, as investors unwind positions, with a stronger U.S. dollar and elevated Treasury yields reducing…
Mount Fuji and the Shinjuku skyline in Tokyo, Japan, on Friday, Feb. 14, 2025. Photographer: Kiyoshi Ota/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Asia-Pacific markets pared gains Tuesday as oil prices rebounded, underscoring lingering uncertainty over the Middle East conflict. Brent crude futures for May rose over 3.5% to $103.7 per barrel…
A pumpjack stands at the Inglewood Oil field in Los Angeles, California on March 17, 2026. Patrick T. Fallon | Afp | Getty Images Oil prices gained in Asia trading Tuesday after clocking steep declines overnight, as traders assess developments related to the Middle East conflict. Brent crude futures for May rose over 3% to…
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…
HOUSTON — The Trump administration plans to bring additional diesel to the market as fuel prices surge, Energy Secretary Chris Wright told CNBC on Monday. “We do have some ideas on diesel, that we can bring extra diesel to the marketplace,” Wright told CNBC’s Brian Sullivan in an interview. “I think we’ll see that happen…
President Donald Trump said in a Truth Social post Monday that, following talks with Iranian authorities, he ordered the U.S. military to postpone strikes on Iran’s power plants and energy infrastructure for five days. He told CNBC’s Joe Kernen in a phone call shortly after the post that “we are very intent on making a…
miner looks across the largest open pit gold mine in Australia called the Fimiston Open Pit, also known as the Super Pit, in the gold-mining town of Kalgoorlie, located around 500 kilometres east of Perth. David Gray | Reuters Gold price fell sharply on Monday morning as investors continued to ditch exposure to the precious…
