CNBC News On Energy
-
Oil ticks lower as investors weigh mixed signals from Trump on whether U.S. will resume Iran war
on May 19, 2026 at 7:17 pm
Oil prices fell after U.S. President Donald Trump said he would postpone a planned military strike on Iran following requests from key Middle Eastern leaders.
-
Cuba condemns U.S. sanctions, accuses Washington of building ‘fraudulent case’ for military action
on May 19, 2026 at 1:50 pm
The comments come after a fresh wave of U.S. sanctions and amid mounting speculation that the U.S. could carry out military strikes against Cuba.
-
NextEra Energy to buy Dominion in deal that unites two key players in race to power AI data centers
on May 19, 2026 at 11:32 am
Dominion powers the world's largest data center market in northern Virginia. NextEra is the biggest renewable energy developer in the U.S.
-
After U.S. SEC, Treasury and Justice Department offer billionaire Gautam Adani legal relief
on May 19, 2026 at 4:02 am
The U.S. Treasury Department settled a case against Adani Enterprises, involving the purchase of sanctioned Iranian energy between November 2023 and June 2025.
-
Google I/O primer: Alphabet's AI showcase is its chance to wow Wall Street
on May 19, 2026 at 1:04 am
After a 140% stock surge and a sweeping Wall Street reset, Google’s developer conference has to prove the AI story is more than a market narrative.
-
Oil prices stay in the green even after Trump calls off planned Tuesday attack on Iran
on May 18, 2026 at 8:15 pm
A senior U.S. official told Axios that Iran's latest proposal is not a meaningful improvement and is insufficient for a deal.
-
The EU will cut growth outlook, raise inflation forecast as Iran war drives 'stagflationary shock'
on May 18, 2026 at 2:50 pm
The commission's forthcoming spring forecast, released later this week, will see economic growth figures adjusted down and inflation figures up.
-
‘This is bad’: Strategists see European oil shortages within weeks as inventories are depleted
on May 18, 2026 at 12:07 pm
The Iran war oil squeeze could trigger shortages in Europe within weeks, and keep global inventories depleted until 2027, strategists warn.
-
High energy prices could derail Europe’s AI race with U.S. and China
on May 18, 2026 at 5:00 am
Energy costs vary widely across Europe, creating clear winners and losers in attracting investment.
-
Trump warns Iran to 'get moving' or 'there won’t be anything left'
on May 17, 2026 at 5:43 pm
The president has previously threatened to strike civilian infrastructure in Iran, a potential war crime.
-
G7 finance ministers to meet amid warning of economic consequences of prolonged Strait of Hormuz closure
on May 17, 2026 at 12:14 pm
G7 finance ministers are due to meet in Paris on Monday and Tuesday as long-term borrowing costs surge.
-
UAE says its decision to leave OPEC was a strategic economic move, not a political one
on May 16, 2026 at 1:13 pm
The United Arab Emirates, which joined OPEC in 1967, announced last month it was leaving the oil producer group on May 1.
-
Oil prices jump after Trump says he is losing patience with Iran
on May 15, 2026 at 7:03 pm
Oil prices rose Friday on news that China has agreed to purchase oil from America.
-
China will buy more U.S. oil because it is a natural trade partner, says Energy Secretary Wright
on May 15, 2026 at 5:38 pm
China relies heavily on crude oil imports from the Middle East but those supplies are mostly cut off due to Iran's blockade of the Strait of Hormuz.
-
How China and U.S. eased the Middle East oil shock and kept prices from spiking even higher
on May 15, 2026 at 2:58 pm
China and the U.S., the world's two largest economies, wield great influence over the oil market and are using it to help plug the supply gap.
-
UAE fast tracks second West-East oil pipeline to bypass Strait of Hormuz
on May 15, 2026 at 9:19 am
The second pipeline project comes as global energy supplies remain under pressure and flows through the Strait of Hormuz remain severely limited
-
CIA chief makes historic trip to Cuba as US blockade chokes island's energy supplies
on May 15, 2026 at 7:16 am
The U.S. has been restricting oil shipments to Cuba since January, plunging the country into blackouts lasting days at a time.
-
Oil prices hover around $100 after White House says Trump and Xi discussed Strait of Hormuz
on May 14, 2026 at 7:30 pm
Oil prices edge lower after White House says Trump and Xi discussed Strait of Hormuz
-
China will work behind the scenes to help reopen the Strait of Hormuz, Bessent says
on May 14, 2026 at 5:25 pm
President Trump held talks with President Xi during a two-day summit in Beijing on Thursday.
-
Venezuela embarks on $150 billion restructuring of debt amid political turmoil
on May 14, 2026 at 10:53 am
Venezuelan officials said they wanted to “free the country from the burden of accumulated debt.”
-
Iran war fallout forces Singapore Airlines-backed Air India to cancel 27% of international flights
on May 14, 2026 at 8:51 am
Air India, a carrier co-owned by Tata Group and Singapore Airlines, plans to scale back over a quarter of its international flights from June as rising costs bite.