US President Donald Trump looks on before signing a bill in the Oval Office of the White House in Washington, DC, on Jan. 14, 2026. Brendan Smialowski | AFP | Getty Images Oil prices fell more than 1% Wednesday after President Donald Trump signaled he might not attack Iran. U.S. crude oil fell 95 cents,…
Iranians gather while blocking a street during a protest in Tehran, Iran on January 9, 2026. Mahsa | Afp | Getty Images Crude oil prices rose about 3% on Tuesday, after U.S. President Donald Trump canceled all meetings with Iranian officials and promised protesters that help is on the way. U.S. crude oil rose $1.96,…
Treasury Secretary Scott Bessent on Tuesday accused India of profiteering from cheap Russian oil imports during the war in Ukraine, describing the practice as “arbitrage” and condemning it as unacceptable. “They are just profiteering. They are reselling,” Bessent told CNBC’s “Squawk Box” in an interview. “This is what I would call the Indian arbitrage —…
