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U.S. orders staff to leave Saudi Arabia as Iran war spreads

cnbc.comMar 9, 2026

The U.S. ordered non-emergency government staff to leave Saudi Arabia as the widening Iran war rattled global markets.

Congressional Democrats demand reversal of Russian oil sales into India as energy prices soar

cnbc.comMar 9, 2026

Russia is reportedly helping Iran target U.S. forces in the Middle East, and could now benefit from a windfall of new oil and gas sales.

Why China can withstand oil's surge past $100 more easily than other countries

cnbc.comMar 9, 2026

The latest Middle East tensions sheds light on how the world's three largest oil consumers have taken different approaches to energy, with global consequences.

Iran's strategic oil island thrust into the spotlight as Middle East conflict escalates

cnbc.comMar 9, 2026

Kharg Island serves as the centerpiece for Iran's oil industry, accounting for roughly 90% of the country’s crude exports.

China consumer inflation hits three-year high as producer deflation eases

cnbc.comMar 9, 2026

China's consumer inflation recorded the biggest jump in more than three years, as an extended holiday bolstered spending.

Nvidia backs AI data center startup Nscale as it hits $14.6 billion valuation

cnbc.comMar 9, 2026

Nscale has become a key player in the AI infrastructure buildout

Oil prices pull back after breaching $110 as G7 nations consider tapping emergency reserves

cnbc.comMar 9, 2026

Gulf Arab oil producers are cutting production as they run out of storage space because they can't export through the Strait of Hormuz