CNBC Economy / Updates
- Iran sends millions of oil barrels to China through Strait of Hormuz even as war chokes the waterway March 11, 2026Iran has continued to ship crude oil via the Strait of Hormuz to China even as the war between U.S.-Israel and Iran has disrupted broader energy supplies via the waterway.
- Kevin Warsh faces an economic 'perfect storm' as he waits to take over as Fed chair March 10, 2026Warsh faces a potential buzzsaw in the form of a Hobson's choice between fighting inflation and supporting the labor market.
- Gas prices pass $3.50 per gallon to highest level since 2024 amid U.S.-Iran war March 10, 2026Prices are up 21% from a month ago with the oil market roiled by the U.S.-Iran war.