The jet fuel crisis is 'a slow motion car crash', says Kpler's Matt Smith
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailMatt Smith, Kpler director of commodity research, joins...
Energy
Oil prices slide as new attacks in Strait of Hormuz threaten fragile U.S.-Iran ceasefire
In an aerial view, the Marathon Petroleum Corp's Los Angeles Refinery is seen on April 2, 2026 in Carson, California.Justin...
India is burning more coal as extreme heat and the Iran war squeeze energy supplies
NEW DELHI, INDIA - APRIL 27: People are seen protecting themselves from the sun on a hot summer day at...
OPEC+ announces 188,000 barrels-per-day output increase in first meeting without UAE
Jonathan Raa | Nurphoto | Getty ImagesOPEC+ has agreed an increase in oil output of 188,000 barrels per day, the...
OPEC+ set to agree third oil output quota hike since Hormuz closure, sources say
Oil prices rose as much as 1.5% on Monday after OPEC+ members reaffirmed a plan to pause production increases in...
Exxon Mobil CEO expects higher oil prices due to Iran war: ‘The market hasn’t seen the full impact’
Exxon Mobil CEO Darren Woods warned Friday that the market has not absorbed the full impact of the unprecedented oil...
Here's why surging oil prices may not derail the consumer trade
Wall Street is already looking beyond Big Tech quarterly results.Even though it's a major earnings week for the group, YieldMax...
Oil prices extend multi-day rally as Trump issues new threat to Iran; Brent tops $115 per barrel
Oil tankers and gas tankers were affected by the closure of the Strait of Hormuz, leading to a global energy...
U.S. warns banks of sanctions risk over China ‘teapot’ refineries handling Iranian oil
This picture taken on March 26, 2026 shows an oil tanker unloading crude oil at a port in Yantai, in...
Oil major BP beats profit expectations as Iran war boosts fuel prices
The BP refinery in Lingen, Germany (aerial view with a drone).Picture Alliance | Picture Alliance | Getty ImagesBritish energy major...
Oil giant Shell agrees to buy Canada’s ARC Resources for $16.4 billion
The Shell gas station logo is displayed on February 13, 2025 in Austin, Texas.Brandon Bell | Getty Images News |...
U.S. imposes sanctions on Chinese 'teapot' refinery for buying Iranian oil
Hengli Petrochemical's refining, petrochemical complex is seen at Changxing island in Dalian, Liaoning province, China July 16, 2018.Aizhu Chen |...
Iran says no meeting with U.S. negotiators planned in Pakistan, with Trump envoys due to head to Islamabad
This handout photo released by the Iranian Foreign Ministry on April 25, 2026 shows Pakistan's Army Chief and Field Marshal...
Nuclear reactor company X-energy shares surge 27% as AI drives interest in its IPO
Advanced nuclear reactor company X-energy began trading Friday as the AI boom and electrification broadly spark a flurry of interest...
Hormuz is just a ‘dry run’ if China and U.S. go to war in the Pacific, Singapore foreign minister warns
Singapore Foreign Minister Vivian Balakrishnan (left) speaks with CNBC's Steve Sedgwick at the CONVERGE LIVE event on April 22, 2026.CNBCShould...
Trump administration discussing currency swap line with United Arab Emirates
The White House has discussed offering a financial lifeline to the United Arab Emirates as the U.S. war with Iran...
Trump says talks between U.S. and Iran to resume in Pakistan on Monday
President Donald Trump said U.S. negotiators will head to Pakistan on Monday for a second round of peace talks with...
Iran says Strait of Hormuz is closed again as vessel attempting to cross comes under gunfire
Iran said Saturday that it has reimposed the closure of the Strait of Hormuz less than a day after reopening...
We spoke to dozens of central bankers, policymakers and politicians about the Iran war — These are their biggest fears for the global economy
A man walks among buildings destroyed in a joint attack by Israel and the United States on April 6, 2026,...
Video shows ships turning away from the Strait of Hormuz as confusion persists over whether sea lane is really open
Oil tankers are remaining cautious about sailing through the Strait of Hormuz after Iran declared Friday that the sea lane...
