A monitor displays stock market information on the floor of the New York Stock Exchange on April 4, 2025. Michael Nagle | Bloomberg | Getty Images Hedge funds are getting battered by the fallout from the escalating conflict with Iran, as a sharp spike in oil prices and a broad market selloff unravel crowded trades….
Commercial vessels are pictured offshore in Dubai on March 11, 2026. – | Afp | Getty Images Iran’s de facto blockade of the Strait of Hormuz has stoked fears of the gravest disruption to global oil supply in history, as the Middle East conflict stretches into its third week. The blockade has squeezed shipping traffic…
A pump jack is seen on March 17, 2026 in Stanton, Texas. Brandon Bell | Getty Images Oil prices slipped on Wednesday despite escalating attacks on the United Arab Emirates’ energy infrastructure, as rising U.S. crude inventories helped offset rising geopolitical risk premiums. Prices of Brent, the international benchmark, declined 1.17% to $102.19 per barrel….
A smoke plume rise from an ongoing fire near Dubai International Airport in Dubai on March 16, 2026. – | Afp | Getty Images Iran intensified attacks against U.S. assets in the Middle East and Israel on Wednesday in apparent retaliation against the killing of the country’s security chief Ali Larijani overnight, as the weeks-long…
U.S. President Donald Trump boards Air Force One on March 11, 2026 at Joint Base Andrews, Maryland. President Trump is traveling to Ohio and Kentucky today to highlight two local businesses. Andrew Harnik | Getty Images News | Getty Images Hello, this is Hui Jie writing to you from Singapore. Welcome to another edition of…
The Negishi Maru crude oil tanker sails towards JX Nippon Oil & Energy Corp.’s Negishi refinery in Yokohama City, Kanagawa Prefecture, Japan. Kiyoshi Ota | Bloomberg | Getty Images Japan’s exports climbed 4.2% from a year earlier in February, marking a sharp slowdown after hitting an over-three-year high in January. However, the increase was higher…
Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural styles George Pachantouris | Moment | Getty Images Asia-Pacific markets were set to climb Wednesday as investors tracked escalating tensions in the Middle East. A fresh wave of attacks on the United Arab Emirates’ energy infrastructure has heightened fears of prolonged supply disruptions amid the…
If I told you 176 calendar days ago, just after Labor Day, that the U.S. would capture the leader of Venezuela, seize a few million barrels of oil, the Middle East would erupt into a war that eliminated much of Iran’s leadership, crude oil spikes above $120, and June rate cut is mostly off the table…
The Kalshi market “Will Iran effectively close the Strait of Hormuz for 7+ days?” appears on a smartphone screen, with the Kalshi logo displayed on a laptop computer screen in the background, in this photo illustration taken in Chania, Greece, March 9, 2026. Nikolas Kokovlis | Nurphoto | Getty Images Arizona’s attorney general has filed…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Haven’t seen this much since the Iran war started : Oil prices up and stocks up, together. Crude and equities have largely had an inverse relationship…
