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-4.12 (-2.92%)
At Close: Jun 04, 2026
Oil reserves, tariff investigations, airline fuel prices and more in Morning Squawk
08:15am, Thursday, 12'th Mar 2026
Here are five key things investors need to know to start the trading day.
Oil unlikely to hit $200 a barrel, US energy chief says
08:14am, Thursday, 12'th Mar 2026
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
No way to replace oil & gas from Strait of Hormuz: Bruegel
07:44am, Thursday, 12'th Mar 2026
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 cuts U.S. economic outlook over the Iran war — and the fears goes beyond oil
06:46am, Thursday, 12'th Mar 2026
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.
India's consumer inflation rises to 3.2% in February as oil risks loom
06:41am, Thursday, 12'th Mar 2026
India's February inflation rose to 3.21% from 2.75% in January. The reading came in line with forecasts of 3.1%.
Oil taps $101 as Iran dramatically changes strategy and IEA calls conflict biggest supply disruption in history
06:35am, Thursday, 12'th Mar 2026
Worries come despite International Energy Agency members agreeing to release the largest ever amount of oil from emergency supplies.
Goldman warns of $150 oil peak as it hikes price target for second time in a week
05:59am, Thursday, 12'th Mar 2026
If Strait of Hormuz stays shut through March then a 2008-type price spike is possible
'Please, please, please': Minister urges Danes to avoid driving as oil prices spike amid U.S.-Iran war
05:40am, Thursday, 12'th Mar 2026
Denmark's energy minister called on citizens to reduce their energy use amid the ongoing Middle East conflict. Oil prices jumped to over $100 a barrel on Thursday, raising fears of rising inflation.
IEA head says oil reserve release had 'strong impact' on markets
05:26am, Thursday, 12'th Mar 2026
The IEA's decision to release 400 million barrels of oil from global strategic reserves has already had a "strong impact" on energy markets, which are in an "extremely critical period" after the
Oil markets on high alert despite record IEA stockpile release
05:25am, Thursday, 12'th Mar 2026
Oil prices have pulled back from $100 a barrel following several attacks on merchant vessels in the Gulf. Two tankers have been reportedly attacked overnight in Iraqi waters.
Oil Tops $100 Again as Iran Hit 3 Cargo Ships. Why Reserve Release Isn't Helping.
05:09am, Thursday, 12'th Mar 2026
Oil prices jumped early Thursday despite the record release of emergency reserves by the U.S. and other countries.
Russia's oil and fuel exports, revenue hit lowest since the start of Ukraine conflict, IEA says
05:02am, Thursday, 12'th Mar 2026
Russia's crude oil and refined product exports and revenues declined in February to reach their lowest since the start of the Ukraine conflict in 2022, the International Energy Agency said on
World faces largest-ever oil supply disruption on Middle East war, IEA says
05:01am, Thursday, 12'th Mar 2026
The war in the Middle East is creating the biggest oil supply disruption in the history of the global market, the International Energy Agency said on Thursday, a day after the agency
Hormuz oil shock too large for markets to absorb, could lead to global recession: Analyst
04:17am, Thursday, 12'th Mar 2026
Commodity Context's Rory Johnston says markets are likely looking at a price hike of $2 to $3 a barrel per day everyday until the strait of Hormuz is open but warns a jump of 10 to $15 a barrel territ
IEA's 'historic' reserve oil release will take 60-90 days to physically hit markets: Strategist
04:17am, Thursday, 12'th Mar 2026
Raymond James' Pavel Molchanov says oil markets remain in ‘panic mode' as traders seek clarity on how quickly strategic reserves can reach the market. He adds that a coordinated release by members o
