IEA agrees to release record 400 million barrels of oil to address Iran war supply disruption
[ad_1] In an aerial view, the Strategic Petroleum Reserve storage at the Bryan Mound site is seen on October 19, 2022 in Freeport, Texas. Brandon Bell | Getty Images News | Getty Images The International Energy Agency on Wednesday agreed to release 400 million barrels of oil to address the supply disruption triggered by the […]
Cargo ship struck by a projectile in the Strait of Hormuz, UK says
[ad_1] Naval units from Iran and Russia carry out to simulation of rescue a hijacked vessel during the joint naval drills held at the Port of Bandar Abbas near the Strait of Hormuz in Hormozgan, Iran on February 19, 2026. Anadolu | Anadolu | Getty Images A cargo ship in the Strait of Hormuz has […]
TSA staff shortages lead to hourslong security lines for travelers at some airports
[ad_1] A woman travelling hands her travel documents to a TSA officer at Los Angeles International Airport on May 7, 2025. Frederic J. Brown | AFP | Getty Images Travelers struggled with hours-long security lines at some airports as officials warned of Transportation Security Administration staffing shortages amid the partial government shutdown. Houston’s William P. Hobby Airport […]
Trump says no deal with Iran to end war without ‘unconditional surrender’
[ad_1] U.S. President Donald Trump takes questions from the media during a bilateral meeting with German Chancellor Friedrich Merz in the Oval Office of the White House on March 03, 2026 in Washington, DC. Win Mcnamee | Getty Images President Donald Trump said in a social media post on Friday that there would be no deal […]
WTI crude tops $86, hits highest level since April 2024, Brent crude breaks above $89 a barrel
[ad_1] Oil prices jumped to their highest levels in months on Monday as Iran and Israel escalated attacks in the Middle East, disrupting shipments from the region. Bloomberg Creative Photos | Bloomberg Creative Photos | Getty Images Oil prices rose on Friday morning as investors continued to assess the impact of the U.S.-Iran war on […]
New York Fed’s Williams says tariff burden falls ‘overwhelmingly’ on U.S. businesses and consumers
[ad_1] John Williams, president and chief executive officer of the Federal Reserve Bank of New York, speaks during an Economic Club of New York (ECNY) event in New York, US, on Thursday, Sept. 4, 2025. David Dee Delgado | Bloomberg | Getty Images American consumers and businesses are taking most of the hit from President […]
What next for global markets as oil surges and stocks plunge on Middle East conflict
[ad_1] Assets from stocks to bonds sold off across the globe on Tuesday, as the intensifying conflict in the Middle East fueled risk-off sentiment. It came as the U.S.-Iran war entered its fourth day , marked by more missile and drone strikes across the region and a warning from U.S. President Donald Trump that the […]
Steve Eisman says investors should ignore U.S.-Iran war, will be long-term ‘positive’
[ad_1] Steve Eisman of “The Big Short” fame said investors should ignore the U.S.-Iran war as it could be a long-term positive for markets. In fact, when the investor was asked Monday by CNBC’s Joe Kernen on “Squawk Box” whether he would change anything because of the conflict, he responded with, “Not a single trade.” […]
Travel stocks sink after thousands of flights grounded following Iran strikes
[ad_1] A display board shows canceled flights to Dubai and Doha amid regional airspace closures at Noi Bai International Airport, amid the U.S.-Israel conflict with Iran, in Hanoi, Vietnam, March 2, 2026. Picture taken with a mobile phone. Thinh Nguyen | Reuters Airline and travel stocks fell Monday after airspace closures throughout the Middle East […]
What travelers need to know after the U.S., Israeli strikes on Iran
[ad_1] Stranded passengers wait at the Velana International Airport in Male on March 1, 2026 after the cancellation of several flights destined for the Middle East. Mohamed Afrah | Afp | Getty Images Travelers are stranded as far away as Australia, Brazil and the Maldives after the U.S. and Israel launched strikes on Iran this […]