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Iranian Kamikaze Drone Boat Makes First Successful Strike Of War The War ZoneIran starts ‘indiscriminate' strikes across Gulf of Oman, hits shadow tanker tied to regime Fox NewsUS-sanctioned oil tanker hit off Oman coast ReutersIran's Revolutionary Guards claim drone attack on oil tanker in Strait of Hormuz The Times of Israel
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Investors leaned onto U.S. energy stocks on Monday, with the widening conflict in the Middle East boosting shares of major U.S. exploration and production and integrated-energy companies, in particular Chevron, whose stock zoomed toward a record high.
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The war in the Mideast has effectively halted shipping through the Strait of Hormuz, threatening to push up gas prices and raise the cost of other goods.
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The U.S. attack on Iran won't boost U.S. inflation or harm the economy in a major way, analysts say, unless in the unlikely case that the conflict drags on for months and sharply raises the price of oil.
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Middle East flights: First departures bring slight relief amid global aviation turmoil Euronews.comEmirates says it will resume 'limited number' of flights, El Al weighs use of private jets CNBCUAE airlines to resume limited number of flights, mainly for repatriations Reuters
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Global oil prices are in the high $70s as traffic through Strait of Hormuz comes to a halt. Some analysts have warned they could top $100 a barrel if the stoppage is prolonged.
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Iran, Berkshire Hathaway earnings, OpenAI's Pentagon deal and more in Morning Squawk CNBCNYSE insider Jay Woods is watching these key levels on the S&P 500 and crude oil as U.S.-Iran conflict widens CNBCWhat Investors Are Watching This Week: Iran Developments, Jobs Data, Earnings Reports InvestopediaFive things to watch in markets in the week ahead Investing.com
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