AT SEA – MARCH 02: (EDITOR’S NOTE: This Handout image was provided by a third-party organization and may not adhere to Getty Images’ editorial policy.) In this handout photo provided by the U.S. Navy, EA-18G Growler, attached to Electronic Attack Squadron (VAQ) 133, launches from the flight deck of Nimitz-class aircraft carrier USS Abraham Lincoln…
Smoke and flames rise from an energy installation in the Gulf emirate of Fujairah on March 14, 2026. (Photo by AFP via Getty Images) / – | Afp | Getty Images Oil loading operations in the port of Fujairah in the United Arab Emirates have resumed following a drone strike and fire, according to media…
FCC Chairman Brendan Carr testifies during a House Energy and Commerce Communications and Technology Subcommittee hearing on “Oversight of the Federal Communications Commission” on Capitol Hill in Washington, DC, on Jan. 14, 2026. Saul Loeb | AFP | Getty Images Federal Communications Commission Chair Brendan Carr on Saturday blasted broadcasters shortly after President Donald Trump…
The oil market sent a clear signal this week that a massive release of stockpiled crude by the U.S. and its allies is nowhere near enough to address the unprecedented supply disruption triggered by the Iran war. More than 30 nations in Europe, North America and Northeast Asia agreed to flood the market with 400…
The Iran war-driven spike in oil prices crushed stocks last week, culminating in the S & P 500 ‘s first three-week losing streak in roughly a year. There was little place to hide, with nine of the 11 S & P 500 sector indexes lower for the week. Not surprisingly, energy and utilities were winners. Brent…
President Donald Trump promised to “drill, baby, drill” on the presidential campaign trail. It’s not going to bail him out of this oil crisis spurred by the war he started in Iran, lawmakers and analysts say. Trump and Republicans last year aggressively ramped up policies favorable to fossil fuels after romping to an electoral victory…
After the Supreme Court struck down a large portion of President Donald Trump’s tariff agenda last month, the possibility of getting tariff dividend checks was seemingly discarded too, experts said. “Tariff dividends were a long shot from the beginning,” certified financial planner Stephen Kates, a financial analyst at Bankrate, told CNBC at the time. Any such broad-based benefit program would…
A satellite image shows an oil terminal at Kharg Island, Iran, February 25, 2026. 2026 Planet Labs Pbc | Via Reuters U.S. President Donald Trump said on Friday that he directed the U.S. Central Command to carry out a bombing raid, hitting military targets on Iran’s Kharg Island. “Moments ago, at my direction, the United…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. The S & P 500’s oversold bounce could not hold on Friday, and the early gains were erased. The reason was oil, which was lower for…
The Trump administration has rolled out a series of measures to attempt to blunt the blow of the Iran-driven oil-price hike, and yet prices remain stubbornly high. As the war rolls on, it is becoming clear there isn’t much the U.S. or any other government can do to provide relief from higher oil prices short…
