Oil’s war-driven volatility pulls in record retail money, fueling ‘meme-style’ trading
Net retail buying of oil ETFs hit a record $211 million on March 12, surpassing the previous peak seen during the market turmoil in May 2020, according to Vanda Research.
‘We will remember’: Trump warns countries to help secure Strait of Hormuz as shipping stalls
Trump’s comments come after he called on several countries to send warships so as to secure the critical waterway
CNBC Daily Open: Strait talk from Trump
President Donald Trump voices frustration at the lack of help from allies in supporting tankers through the Strait of Hormuz.
Ships stranded at Hormuz, energy crunch at home: How India’s U.S.-Israel tilt is testing ties with Iran
India’s U.S.-Israel tilt is costing it leverage with Iran just as its ships struggle to get safe passage through the Strait of Hormuz.
Big Tech purchases of carbon credits explode amid AI race, with Microsoft leading the way
Carbon credit purchases by Amazon, Google, Meta and Microsoft skyrocketed in 2023, based on tracked purchases.
China talks up oil sufficiency as Trump seeks Beijing’s help on securing Hormuz energy route
The statistics bureau said that China’s energy supply is “relatively strong,” while announcing an uptick in domestic production.
‘One Battle After Another’ takes best picture at the Oscars
Amidst conflict in the Middle East, Oscar awards get handed out.
Why Trump has his sights on Iran’s Kharg Island — and what it means for the oil market
Trump’s decision to order strikes on Kharg Island has pushed one of the world’s most critical oil hubs into the center of the escalating U.S.-Iran conflict.
China’s factory output and consumption beat forecasts, while property investment contraction slows
Beijing tamped down its GDP growth target this year to a range of 4.5% to 5%, the least ambitious goal on record going back to the early 1990s.
Trump signals possible delay to Beijing summit as U.S. pressures China to help reopen Strait of Hormuz
The remarks came as Treasury Secretary Scott Bessent met his Chinese counterpart He Lifeng in Paris, paving the way for the summit scheduled for late March.