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Energy
Oil market reserve release fails to calm crude prices
A dark smoke cloud engulfs destroyed vehicles near an ongoing fire following an overnight airstrike on the Shahran oil refinery in northwestern Tehran on March 8, 2026.- | Afp | Getty ImagesHello, this is Leonie Kidd writing to you from…
Retail prices could rise after Strait of Hormuz closure
The Iran war could soon mean higher prices on store shelves for consumers.Iran's effective closure of the Strait of Hormuz passage has significantly disrupted the global supply chain, affecting goods from fertilizers to metals to gas and…
Gig workers feel the pinch as gas prices rise
Uber signage on a vehicle at San Francisco International Airport (SFO) in San Francisco, California, US, on Monday, Feb. 2, 2026. David Paul Morris | Bloomberg | Getty ImagesFor more than a decade, Alvaro Bolainez has ferried passengers…
IEA to release record 400 million barrels of oil to address Iran war
The International Energy Agency on Wednesday agreed to release 400 million barrels of oil to address the supply disruption triggered by the Iran war, the largest such action in the organization's history. The IEA did not set out a…
Google deepens Pentagon AI push after Anthropic sues Trump admin
People walk near a sign outside of Google headquarters in Mountain View, California. Justin Sullivan | Getty Images News | Getty ImagesA day after Anthropic sued the Trump administration for designating the artificial intelligence…
G7 energy ministers to meet Tuesday to discuss release of oil reserves:
An oil tanker carrying imported crude oil sails in the Jiaozhou Bay waterway towards Qingdao Port in Qingdao City, Shandong Province, China, on May 14, 2025.Nurphoto | Nurphoto | Getty ImagesEnergy ministers from the Group of Seven…
Oil and natural gas surge after Iran orders Strait of Hormuz closure
Crude oil prices eased Tuesday in extended trading, after President Donald Trump said the U.S. would provide insurance to tankers in the Persian Gulf to get maritime traffic moving through the Strait of Hormuz. U.S. crude prices rose…
Global X says double down on emerging markets
It may be time to dive deeper into the emerging markets trade.Despite risks tied to the war with Iran, Global X ETFs' Malcolm Dorson points to weaker dollar trends and uncertainty at home as a tailwind for the group."It might be time to…
Tough jobs report puts Trump’s Iran war plans to the test
A difficult jobs report comes at a tough time for the White House. Gas prices are rising due to the war in Iran, while stock market turmoil is making savers and retirees antsy about the state of their 401(k)s.Data released Friday showing…
U.S. crude oil jumps after Iran says it attacked a tanker
U.S. crude oil prices on Thursday broke above $79 per barrel after Iran claimed to have attacked a tanker. The price of West Texas Intermediate oil was last up 6.86%, or $5.12, at $79.78 per barrel, while global benchmark Brent rose…