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Oil prices seesawed in volatile trading Monday as investors weighed the prospect of further escalation after President Donald Trump's ultimatum demanding Tehran reopen the Strait of Hormuz or face strikes on its energy infrastructure.
What was supposed to be a quick win has become a quagmire, so it now must be reduced to a dopamine hit
Prime Minister Sanae Takaichi says she has explained to Trump that there are limits to what Japan can do due to legal constraints
A strike on a broadcast station in southern Iran killed at least one person, state television reported on Monday.
Una persona mira una pantalla con una gráfica del índice bursátil japonés Nikkei en una correduría en Tokio, el lunes 23 de marzo de 2026. (AP Foto/Eugene Hoshiko)
US President Donald Trump has shared a comedy skit portraying UK Prime Minister Keir Starmer as terrified of speaking to him on the phone. The move came after Trump labeled European NATO members “cowards” and described Starmer as “no Winston Churchill” for not joining his war with Iran.
Fatih Birol says effect on energy markets of Iran bombings and closure of Hormuz strait not initially understood by world leaders
Gente sigue a un camión que lleva los ataúdes cubiertos con banderas del general Ali Mohammad Naeini, vocero de la Guardia Rrevolucionaria, y uno de sus camaradas del cuerpo paramilitar, Amir Hossein Bidi , en su cortejo fúnebre en Teherán, Irán, el sábado 21 de marzo de 2026. (AP Foto/Vahid Salemi)
Residents reported headaches, eye and skin irritation and breathing difficulties as Israeli bombings blanketed Tehran with pollutants
People follow a truck carrying the flag draped coffins of Gen. Ali Mohammad Naeini, a spokesperson for Iran’s paramilitary Revolutionary Guard and one of his comrades Amir Hossein Bidi , during their funeral procession in Tehran, Iran, Saturday, March 21, 2026. (AP Photo/Vahid Salemi)
Iran has threatened to destroy the Middle East’s biggest oil factories in a move that could cripple the Gulf and trigger a global energy crisis.
As the war in the Middle East entered its fourth week, Iran has widened its warnings to target buyers of U.S. Treasury bonds, the latest salvo in an intensifying exchange of threats, as the Trump administration's 48-hour ultimatum neared expiry.
Holy sites across Jerusalem’s Old City, including the Church of the Holy Sepulchre, and the Western Wall, remained closed on Sunday under Israeli security restrictions as the war on Iran, launched by the United States and Israel, enters its fourth week. (AP video by Shlomo Mor)
The United States is reportedly planning a weeks-long operation to force Iran to reopen the Strait of Hormuz, Times of Israel reported, as officials signal a prolonged phase of the conflict.
The Iranian Red Crescent Society (IRCS) said emergency teams were deployed to a residential area in Urmia after an air strike caused significant damage to buildings.
Fatih Birol says world is losing 11m barrels of oil per day, more than the 1973 and 1979 energy shocks combined; IRGC threatens to completely close strait of Hormuz if Trump acts on infrastructure threats
Powerful explosions described as “unprecedented” were reported across eastern Tehran, with Iranian air defence systems activated, according to Al Jazeera Arabic.
As we enter the fourth week of the Iran war (or “excursion”), here are two great ideas about how to deal with some of the consequences — both from outside the Beltway.
Powerful explosions were reported across central, southern and eastern Tehran, with Iranian air defence systems activated throughout the capital, according to Al Jazeera Arabic.
Attacks on water systems are uncommon in wartime, but Iran has threatened to target desalination plants after it said its own water and energy infrastructure had sustained damage in the ongoing war with Israel and the US.
Libya’s Grand Mufti Sheikh Sadiq al-Ghariani called on Muslims to support Iran amid the ongoing war with the United States and Israel, warning that foreign military presence in Arab countries brings instability.
The US may need to "escalate" its attacks against Iran to be able to wind down the war, Treasury Secretary Scott Bessent said Sunday, after US President Donald Trump gave seemingly contradictory trajectories for the US military campaign.
Traders work on the floor at the New York Stock Exchange in New York, Thursday, March 19, 2026. (AP Photo/Seth Wenig)
Hang Seng Index and other major Asian markets slump as Iran conflict shows no sign of easing, hitting mining and tech shares
Trump vows to ‘hit and obliterate’ Iran’s power plants if it fails to reopen strait of Hormuz by his deadline – key US politics stories from 22 March at a glance
Taken from CNBC’s Daily Open, our international markets newsletter — Subscribe today
Iran has threatened to ‘completely’ close the Strait of Hormuz and hit the region’s infrastructure after Trump’s ultimatum
The US state department issued an advisory for Americans abroad, especially in the Middle East, “to exercise increased caution” amid rising tensions linked to the war with Iran.
Iran’s Revolutionary Guard said it launched its 75th wave of missile attacks targeting Israeli and US positions, as Israeli media reported strikes in central and southern areas, including attempts to intercept missiles over Negev.
The World Health Organisation (WHO) warned that strikes around nuclear sites in Iran and Israel have pushed the war to a “perilous stage.”
As the war in Iran enters its fourth week and US operations increasingly focus on global energy flows, Tehran is rebuffing efforts to identify a diplomatic off-ramp from the war launched by the United States and Israel, according to officials in the region.
WEST PALM BEACH, Florida — At war with Iran, President Donald Trump is cycling through an increasingly desperate list of options as he searches for a solution to the crisis in the Strait of Hormuz. He has jumped from calls to secure the waterway through diplomatic means to lifting sanctions and now escalating to a d…
Oil prices surged on Monday before easing in volatile trading after President Donald Trump’s threats against Iran.
TEHRAN, Iran — Iran on Monday faces a deadline by President Donald Trump to open up the crucial Strait of Hormuz or face a major US assault on power plants, as Israel warned of weeks more of war.
US Ambassador to the United Nations Mike Waltz has refused to rule out potential strikes on an Iranian nuclear power plant when asked by CBS about the extent of President Donald Trump’s ultimatum to reopen the Strait of Hormuz.
BAGHDAD, Iraq — An Iran-backed armed group announced on Monday that it would continue its five-day pause on attacking the US embassy in Baghdad.
This is AI generated summarization, which may have errors. For context, always refer to the full article.
Asia-Pacific markets were set to fall on Monday as investors weighed escalating tensions in the Middle East after the U.S. and Iran threatened to intensify military hostilities as the war entered its fourth week.
NATO Secretary-General Mark Rutte said Sunday that NATO members, along with allies such as South Korea and Japan, are preparing a joint response to reopen navigation through the Strait of Hormuz, which Iran has effectively blockaded.
Tearful farewells played out across Southern California last week as thousands of Marines shipped out to the Middle East amid rising tensions with Iran.
The US Department of State issued a worldwide security alert Sunday, urging Americans across the globe to be wary over threats from Iran-linked groups.
Britain’s high inflation, stretched public finances and dependence on imported natural gas have pushed its government bonds into a decline
Iran warned it would target energy and water infrastructure across the Middle East following US President Donald Trump’s Saturday threat to strike Iran’s power plants unless the Strait of Hormuz is fully reopened within 48 hours.
Zelensky also urged allies to keep up sanctions pressure on Russia as the US and Ukrainian delegations met in Florida
For those old enough to remember the first Gulf War (1990-91), the scenes feel painfully familiar: Smoke rising over Tehran. Babies carried out of a bombed-out hospital in incubators. Missiles striking cities across the Middle East. Oil markets in turmoil as Iran threatens to close the Strait of Hormuz. The war of c…
Iran vowed to deploy a policy of “zero restraint” and hit energy infrastructure across the Persian Gulf as well as banks that do business with US if President Trump carries out his threat to “obliterate” Tehran’s power plants.
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Un buque de carga con vehículos a bordo navega hacia el estrecho de Ormuz, el domingo 22 de marzo de 2026, en Emiratos Árabes Unidos. (AP Foto)
It might seem impossible to get away from the constant barrage of horrible news these days. But at an urban North Carolina arboretum, people are “bathing” in nature to wash away the stress. (AP Video/Allen G. Breed)