Secretary of State Clinton is making the rounds today in Jerusalem, Ramallah and Cairo, pursuing a ceasefire in the Israeli-Palestinian conflict, with NBC's Stephanie Gosk.
Jane Kinninmont, senior research fellow at Chatham House tells CNBC that the current conflict in Gaza is exposing the inadequacy of the existing UN system with regional players coming to the forefront instead.
Harry Tchilinguirian, head of commodity markets strategy at BNP Paribas, tells CNBC that neither oil production areas nor transit points have been affected by the escalating conflict in Gaza.
Lars Steffensen, executive managing director at Ebullio Capital talks to CNBC about whether the conflict between Israel and Hamas in Gaza will have a wider impact on the oil price.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks ahead to where oil and precious metals are likely headed next week.
CNBC's Sharon Epperson reports there was no oil spillage in the Gulf of Mexico from the rig explosion, but traders are keeping an eye on reports Iran is doubling its uranium production.
CNBC's Sharon Epperson reports on an explosion on an oil rig in the Gulf of Mexico, and news Iran is doubling its production of the material used for nuclear weapons.
CNBC's Simon Hobbs reports on two breaking stories right now impacting oil. First, there has been an explosion on an oil rig operated by Black Elk Energy in the Gulf of Mexico. Second, there are new reports from the UN Nuclear Agency says Iran is about to double its output of higher enriched uranium.
"The bad word we don't want to hear is Iran," said Ira Epstein, The Linn Group managing director, weighing in on escalating tension in the Gaza Strip and its impact on oil prices.
Oil prices have risen over the last 24 hours following Israel’s offensive against Palestinian militants in the Gaza Strip, while Israeli stocks and the shekel have weakened, but one analyst told CNBC that markets shouldn’t worry unless Iran becomes involved.
Is Israel going to wipe out Hamas? Helima Croft, Barclays Capital senior geopolitical strategist and Former CIA senior economic analyst, offers insight. "The big question is will this remain confined to Gaza, or does it spread to the broader Middle East," she says.
Iran launched large-scale air defense drills in the country's eastern half on Monday, Iranian media reported, amid heightened tensions between Tehran and Washington over a military incident in the Gulf reported last week.
A US delegation is heading to Israel to learn more about their security measures — specifically, cybersecurity after several US bank web sites were attacked.
Rich Ilczyszyn, a "Futures Now" trader and founder of iiTrader, takes a look at some key technical indicators.
*Wall Street jumps; S&P, Dow up more than 1 pct. NEW YORK, Nov 6- Oil rose 3 percent on Tuesday, rallying a second straight session and receiving a lift from gains on Wall Street as investors awaited U.S. election results. President Barack Obama and Romney were neck-and-neck as Americans cast votes for president and Congress, polls showed on Tuesday.
NEW YORK, Nov 6- Oil surged more than 2 percent on Tuesday, rallying for a second straight day and receiving a lift from gains on Wall Street and a weaker dollar as investors awaited U.S. election results. President Barack Obama and Republican challenger Mitt Romney were neck-and-neck as Americans cast votes for president and Congress, polls showed on Tuesday.
LONDON, Nov 5- A U.S. fine for anti-money laundering rule breaches could cost HSBC significantly more than $1.5 billion and is likely to lead to criminal charges, Europe's biggest bank said on Monday.
GENEVA, Nov 5- Switzerland's neutrality is being tested as Brussels and Washington raise pressure over gaps in sanctions against Iran, in particular measures against its oil industry.
*Siemens due to announce further details of savings plan. FRANKFURT, Nov 5- Germany's Siemens AG, looking to narrow the profitability gap with its competitors, could detail likely disposals and the scale of planned cost cuts when it reports results on Thursday.