Oil supertanker rates hit all-time high as Iran pledges to close the Strait of Hormuz
[ad_1] Commercial ships anchor off the coast of the United Arab Emirates due to navigation disruptions in the Strait of Hormuz, Dubai on March 2, 2026. Stringer | Anadolu | Getty Images Oil supertanker costs in the Middle East climbed to their highest level on record as conflict between the U.S. and Iran disrupts shipping […]
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.” […]
Oil soars amid Strait of Hormuz shipping fears as Iran war drives prices to nearly $80
[ad_1] Oil prices have soared after U.S. and Israeli strikes on Iran continued on Sunday night. Brent crude prices hit a new 52-week high on Monday, surging 9.3% to reach $79.40, while U.S. West Texas Intermediate prices also rose more than 9% to $73.10. U.S. President Donald Trump said the “overwhelming military offensive” — which […]
Trump says he’d ‘love not to’ attack Iran, ‘but sometimes you have to’
[ad_1] U.S. President Donald Trump stops to speak to the media as he departs on Marine One on the South Lawn of the White House on Feb. 27, 2026 in Washington, DC. Andrew Harnik | Getty Images President Donald Trump on Friday said that “I’d love not to use” the U.S. military to attack Iran, […]
U.S. says Tehran would be ‘very wise’ to make a deal as Russia, Iran hold naval drills
[ad_1] U.S. President Donald Trump disembarks Air Force One at Palm Beach International Airport in West Palm Beach, Florida, U.S., Feb. 13, 2026. Elizabeth Frantz | Reuters The Trump administration has warned it would be “very wise” for Iran to make a deal, amid reports the White House is considering fresh military action against Tehran […]
Bayer falls 7% after proposing $7.25 billion settlement in Roundup case; European markets open higher
[ad_1] Traders work at the New York Stock Exchange on Feb. 10, 2026. NYSE LONDON — European stocks opened higher on Wednesday as investors weighed the latest U.K. inflation data and monitored global market developments. The pan-European Stoxx 600 was roughly 0.5% higher shortly after the open, and the U.K.’s FTSE 100 and France’s CAC […]