Gas prices are virtually guaranteed to soar — maybe even to $7 per gallon — as concerns over Iran push crude oil higher, Mercbloc President Dan Dicker said Friday.
Timothy Geithner suggests Iran and oil are bigger threats to the U.S. recovery than Europe, with CNBC's Steve Liesman.
CNBC's Steve Liesman reports on his interview with Treasury Secretary Timothy Geithner, who said Europe is much less likely to derail the U.S. economy. As for oil prices, he said it's a result of higher growth and Iran can "do a lot of damage to the global economy."
Oil prices are on the rise, boosted by Iran supply concerns. Insight on whether the threat is valid, with John Kilduff, Again Capital.
As oil hit nine-month highs Thursday, “Fast Money” pro Tim Seymour took a longer view on the effects that would have in the consumer space.
The risk premium due to Iran could be contributing as much as $15 to $20 a barrel to global oil prices, according to some experts. But traders warn of more upside risk.
By and large Israel’s business and finance movers and shakers are confident Israel will weather whatever storm comes at them and persevere on the business front.
Inspectors from the global nuclear watchdog agency left Iran with no satisfaction. CNBC's Michelle Caruso-Cabrera, Jane Wells & Sharon Epperson discuss the impact on geopolitics, Israeli defense and oil markets.
CNBC's Michelle Caruso-Cabrera addressing the best approach to solve rising tensions between the West and Iran, with Helima Croft, Barclays Capital sr. geopolitical strategist.
Israel is under pressure to avoid an attack on Iran over its nuclear plans. Insight, with CNBC's Michelle Caruso-Cabrera, and the details on whether Tehran's nuclear course will change despite new sanctions, with NBC's Ali Arouzi.
CNBC's Michelle Caruso-Cabrera has the story on why Israel's finance minister thinks Iran could strike the U.S. east coast within the next three years.
Benchmark crude oil prices will likely rise this week as global supply threats build and markets price in a positive outcome to Greek debt talks, CNBC's weekly survey showed.
The world’s top oil exporter, Saudi Arabia, appears to have cut both its oil production and export in December, according to the latest update by the Joint Organizations Data Initiative (JODI), an official source of oil production, consumption and export data.
In a renewed effort to secure answers about the scope of Iran's nuclear program, inspectors from International Atomic Energy Agency (IAEA) are expected to return to Tehran this week.
Iranian warships entered the Mediterranean Sea through the Suez Canal on Saturday, according to various press reports.
An oil price spike is likely this year as 10-year volatility is below average and geopolitical risks are not properly priced in, Ron William, a technical strategist at Mig Bank, told CNBC.com.
Richard Madigan, JPMorgan Global Access Portfolios, explains whether investors should be concerned about growing tensions in the Middle East, particularly Iran.
The chief executive of Gulf Oil sees gasoline approaching $4 a gallon this summer despite declining demand as more refineries close and tensions heat up in the Middle East.
Israel will bomb Iran and it’s increasingly likely to happen this year, according to Alastair Newton, Senior Political Analyst at Nomura.
India, which imports 12 percent of its oil from Iran, has not jumped on the drawdown bandwagon just yet.