BATS:IEO

Ishares U.s. Oil & Gas Exploration & Production Etf ETF News

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At Close: Jun 04, 2026
Trump wants to "finish the job" with Iran and oil prices. 🛢️

Oil Trades Near $100 as Shipping Crisis Widens

10:03am, Thursday, 12'th Mar 2026
Brent crude oil is trading near $100 as the IEA says this is the largest supply disruption ever in the history of the global oil market. Bloomberg's Alaric Nightingale reports.
Crude oil continues to be very volatile on Thursday, as traders are looking to the Middle East, with a couple of tankers being hit. Expect even more troubles in the days ahead.
U.S. ​President Donald ‌Trump said ​on ​Thursday that rising ⁠oil ​prices ​mean greater profits for ​the ​United States, but ‌his ⁠priority is stopping ​Iran ​from ⁠having
Jim Mellon, entrepreneur and executive chairman of Agronomics, tells CNBC's Ritika Gupta that the shock to energy markets from the war in Iran is “bad, but not disastrous,” adding that investors s
Two critically important oil pipelines that bypass the strategically vital Strait of Hormuz have been thrust into the global spotlight as the Iran war drags on. Saudi Arabia's East-West pipeline and t
Volatility in the oil market persists with tankers being sunk in the Middle East. Kevin Green talks about how countries across the globe are releasing hundreds of millions of oil barrels to control cr
Wall Street is pointing lower ahead of Thursday's open, though US futures have pulled back from their worst levels of the morning as investors caught up with the overnight escalation in the Middle Ea
Here are five key things investors need to know to start the trading day.
U.S. Energy Secretary Chris Wright ​said on Thursday global oil ‌prices are unlikely to hit $200 a barrel even as crude tankers remained ​stalled in the Strait ​of Hormuz as a result of ⁠the
Ben McWilliams, affiliate fellow at Bruegel joins Squawk Box Europe, discussing the impact of the IEA's historic oil reserve release, and potential hurdles in bringing the oil to the market.
Goldman Sachs economists Manuel Abecasis and David Mericle in a new research note looked at the economic implications of the Iran war on the U.S. economy.
The degree to which the IEA acted is interpreted as indicating that the conflict could continue for many weeks, analysts said. The IEA said its 32 member countries would release 400 million barrels of
Goldman Sachs raised its Brent, WTI crude oil price forecasts for the fourth quarter of 2026 to $71/67 per barrel from $66/62 as it sees longer ​disruption to oil flows in the Strait of Hormuz due t
Escalating Iranian attacks are dimming hopes for the quick revival of traffic through the Strait of Hormuz.
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