A fragile U.S.-Iran ceasefire sparks market relief — but no clear path to lasting peace
[ad_1] WASHINGTON, DC – APRIL 06: U.S. President Donald Trump speaks alongside Central Intelligence Agency Director John Ratcliffe (L) and U.S. Secretary of War Pete Hegseth (R) during a news conference in James S. Brady Press Briefing Room of the White House on April 06, 2026 in Washington, DC. Alex Wong | Getty Images News […]
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 […]
Oil giants raise the alarm over energy shortages as Iran war drags on
[ad_1] Wael Sawan, chief executive officer of Shell Plc, at the CERAWeek by S&P Global conference in Houston, Texas, US, on Tuesday, March 24, 2026. Bloomberg | Bloomberg | Getty Images A trio of European energy CEOs has sounded a warning over energy supplies, amid the ongoing conflict in Iran and restricted access through the […]
Stagflation alarm bells ring in the euro zone as energy crunch hits the global economy
[ad_1] Workers of German steel manufacturer Salzgitter AG stand in front of a furnace at a plant in Salzgitter, Germany, March 1, 2018. Fabian Bimmer | Reuters Private sector output in the euro zone sank to a 10-month low in March, amid mounting evidence of the impact the Iran conflict is having on the global […]
Trump tells CNBC ‘we are very intent on making a deal’ with Iran
[ad_1] President Donald Trump said in a Truth Social post Monday that, following talks with Iranian authorities, he ordered the U.S. military to postpone strikes on Iran’s power plants and energy infrastructure for five days. He told CNBC’s Joe Kernen in a phone call shortly after the post that “we are very intent on making […]
More than 40 Middle East energy assets ‘severely damaged,’ IEA chief says
[ad_1] Fatih Birol, executive director of the International Energy Agency (IEA), speaks at the National Press Club in Canberra, Australia, on Monday, March 23, 2026. Bloomberg | Bloomberg | Getty Images The head of the International Energy Agency said on Monday that at least 40 energy assets across nine countries in the Middle East have […]
Work from home, drive slower and don’t use gas cookers: IEA advice on weathering the global energy crisis
[ad_1] FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub, appearing to run out of space to contain a historic supply glut that has hammered prices, in Cushing, Oklahoma, March 24, 2016. Picture taken March 24, 2016. Nick Oxford | Reuters Supply measures alone won’t be enough to mitigate […]
Government bonds face ‘perfect storm’ as Iran war rattles Europe’s central banks
[ad_1] Europe’s sovereign bonds are facing “a perfect storm” after new inflation fears sparked by the Iran conflict forced the region’s central banks to signal a new course for interest rates on Thursday, sending yields soaring. The Bank of England left interest rates unchanged at 3.75% on Thursday, with the European Central Bank also holding […]
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 […]
CNBC’s UK Exchange newsletter: Pain at the pump stokes trouble at the top
[ad_1] A petrol pump on a Shell forecourt on March 9, 2026 in London, England. Dan Kitwood | Getty Images News | Getty Images Welcome to this week’s CNBC U.K. Exchange. Few issues are more troublesome for the British government than the cost of filling a car. No government has dared overturn a freeze in fuel […]