The UN said Iran has installed hundreds more centrifuges in a nuclear reactor which increases its capacity to refine uranium. A report from the WSJ says Iranian hackers are targeting U.S. companies, with CNBC's Eamon Javers. Frank Cillufo, Homeland Security expert, offers insight.» Read More
"I want gas prices lower because they hurt families", says President Obama taking questions at a White House news conference. He also says it's indisputable that he has Israel's back and refused to comment on Rush Limbaugh's remarks, but says he wants Sandra's (Fluke) parents to know they should be proud of her for speaking her mind.
We've mobilized "unprecedented, crippling sanctions on Iran," says President Obama, who took tough questions on Iran and Israel at his first White House press conference of the year.
"We must help millions who still need a job," says President Obama in a statement outlining his policies on jobs, taxes, the economy, Iran and housing.
A check on oil prices and where oil's next move might be, with Ray Carbonne, Paramount Options, and CNBC's Bertha Coombs.
A disruption of crude oil supply from Iran could push oil prices up by as much as $40 per barrel, according to Sabine Schels, Senior Director and Global Commodity Strategist at Bank of America Merrill Lynch Global Research.
Discussing whether Israel will attack Iran and should the U.S. lean harder on Iran, with Dan Senor, Council on Foreign Relations senior fellow.
John Kilduff, Founding Partner, Again Capital, says there could be a military event of some kind down the road in Iran; and $110 mark is the level when tensions are at the highest.
Fears are growing that rising gasoline prices could stifle economic recovery. Those rising gasoline prices are becoming a subject of hot political debate in a presidential election year. Geopolitics is behind the rising prices, most noticeably due to the increasing tensions over Iran’s nuclear program.
With the most recent data from the Energy Information Administration and the CIA World Factbook, here are the countries with the biggest proven oil reserves.
Insight on whether the government can reduce the price of oil by tapping into reserves, with Rep. Peter Welch, (D-VT), who says reserves should be tapped in order to spook speculators and drop prices.
"Of the last $20 in the Brent crude oil price rise, I would only attribute about $5 to Iran and 15 to liquidity and continued quantitative easing and just the fact that the supply of money continues to rise," Sabine Schels, senior director and global commodity strategist at BofA Merrill Lynch Global Research, told CNBC, because it is "dropping the value of money, relatively to the value of real asset," she explained.
Rising oil prices have displaced Greece as a source of investor anxiety, a new HSBC report says, warning that if the trend of rising oil prices persists, a fragile economic recovery in the developed world could quickly be derailed and inflation could return to emerging markets.
A lot is riding on Friday's jobs report: Expectations are high but traders say the market needs a good report if this rally is going to continue.
President Obama will address the pro-Israel group, AIPAC before a crucial meeting with Israeli Prime Minister, Netanyahu on Monday. Discussing America's policy on Iran and whether Obama will be able to convince Netanyahu he will be on Israel's side, with Jeffrey Goldberg, The Atlantic, and Peter Brooks, Heritage Foundation.
Tensions with Iran, rather than supply and demand, may be the reason gas prices have been consistently climbing, but what has yet to be seen is the impact that this will have on the economy and the country on the whole.
CNBC's Yousef Gamal El-Din has the latest on news from Iran and reports of a pipeline explosion in Saudi Arabia impacting oil, with Sean Cota, Lake Rudd & Company.
The sudden spike in oil prices following Thursday's report of a pipeline explosion in Saudi Arabia highlights how nervous traders are about turmoil in the region.
Victor Shum, Managing Director, Purvin & Gert, says the spike in oil prices based on mere speculation of an explosion shows the oil market is extremely sensitive to major supply disruptions.
The “Fast Money” pros weren’t concerned that the effect of a Saudi pipeline explosion - false, as it turns out - would last.
Iranians head to the polls on Friday for the first time since disputed presidential elections in 2009, and although most experts do not believe this week's parliamentary elections will witness similar tension, it may still prove a crucial turning point in a domestic power struggle that has been in the making for years.