China calls U.S. blockade of the Strait of Hormuz ‘dangerous and irresponsible’
[ad_1] China has called the U.S. blockade of Iranian ports in the Strait of Hormuz a “dangerous and irresponsible act” that will further enflame tensions in the region. The Ministry of Foreign Affairs said Tuesday that the targeted blockade of the vital shipping channel, which began at 10:00 a.m. ET on Monday, coupled with an […]
What this real-world oil price says about the level of stress in the energy market
[ad_1] A general view of Navigator Terminals, an Oil storage depot along the River Thames on March 10, 2026 in London, England. Dan Kitwood | Getty Images News | Getty Images The fluctuating price of dated Brent, the global benchmark for real-world barrels of crude, has prompted energy analysts warn to that acute stress in […]
Volatility is the ‘new norm’ for government bonds as interest rate uncertainty sees yields whipsaw
[ad_1] European government bonds reversed course on Thursday, moving higher after plunging during the previous session, as a fragile Middle East ceasefire keeps markets on edge. Bond traders are grappling with unusually high levels of volatility, which is clouding the outlook for interest rate policies at the Bank of England and European Central Bank. Yields […]
Trump’s Iran speech ignores the risks of a return to the 1970s: Analysis
[ad_1] Demonstrators hold posters of Ayatollah Khomeini outside the American Embassy which is occupied by ‘students following the Imam Khomeini’s line on November 16, 1979 in Tehran, Iran. Kaveh Kazemi | Hulton Archive | Getty Images “The hard part is done,” President Donald Trump said in his address to the nation Wednesday night about the […]
Analysis: A new oil shock is building. The next few weeks of war will be decisive for the economy.
[ad_1] 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 […]
Trump warns to ‘blow up’ South Pars gas field in Iran if strikes against Qatar energy continue
[ad_1] An Iranian security personnel monitors an area in phase 19 of the South Pars gas field in Assalooyeh on Iran’s Persian Gulf coast 1,400 km (870 miles) south of Tehran on August 23, 2016. Morteza Nikoubazl | Nurphoto | Getty Images U.S. President Donald Trump on Wednesday warned that if Iran continued targeting Qatar’s […]
Iran targets UAE energy infrastructure as gas field set ablaze, tanker struck near Strait of Hormuz
[ad_1] Fire and plumes of smoke rise from an oil facility in Fujairah, United Arab Emirates, Saturday, March 14, 2026. Altaf Qadri | AP A fresh wave of attacks on the United Arab Emirates’ energy infrastructure has ramped up concerns over prolonged supply disruptions amid the Iran war. It comes after the world’s largest ultra-sour […]
CNBC Daily Open: Risk-off trade back on for oil
[ad_1] Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily Open. U.S. President Donald Trump continues to dominate the news cycle, and his latest round with reporters in the Oval Office has yielded more headlines and market moves this morning. It’s only Tuesday and already it’s been […]
Three more ships struck in the Persian Gulf as Iran warns of oil prices hitting $200
[ad_1] Commercial vessels are pictured offshore in Dubai on March 11, 2026. AFP | Getty Images Three more foreign ships were struck in the Persian Gulf overnight, authorities said, as attacks intensify on vessels sailing through or near the strategically vital Strait of Hormuz. The latest incidents come after three separate vessels sustained damage in […]
The Iran war is pushing up European energy prices. Here’s why a Ukraine-style inflation shock could still be avoided
[ad_1] The energy price shock that followed Russia’s invasion of Ukraine four years ago is fresh in the minds of European policymakers as the conflict in Iran once again drives oil and gas prices higher. Experts, however, think this time could be different. Fears of a full-blown energy crisis on that scale — which saw […]