Any European embargo of oil imports from Iran would have a direct effect not just on Iran, but also on the most prominent consumers of Iranian oil and refiners in the Mediterranean, according to a series of recent reports.
The two strongest Republican candidates to emerge from the Iowa caucuses, Mitt Romney and Rick Santorum, both are open to bombing Iran's nuclear weapons program, the Christian Science Monitor reports.
The anxious exchange of statements and explicit threats between the U.S. and Iran mark a notable escalation and leave the energy markets struggling to understand the implications.
Pulitzer prize winning author Daniel Yergin, Chairman of IHS CERA, shared an excerpt on Iran from his latest book “The Quest: Energy Security, and the Remaking of the Modern World.” The piece describes how the balance of power in the Gulf region could shift should Iran obtain nuclear weapons.
The week's top business news and investing advice, including gold stocks and bank bets, with CNBC's Brian Shactman.
If Iran shuts the Strait of Hormuz "that would be cataclysmic for the oil price and the economy, particularly if they figure out a way to shut it down for an extended period," says former Shell executive John Hofmeister.
For the Iranians to pull off shutting down the Strait of Hormuz would be armageddon-like, says John Hofmeister, former president/CEO Of U.S. Operations, Shell Oil Co. Who adds, the U.S. should be working harder to preserve its own energy.
Is there another Middle East powder keg ready to blow? Gen. Barry McCaffrey, U.S. Army, (Ret.) discusses Iran's threat to close the Strait of Hormuz in retaliation for U.S. and European sanctions.
With two trading days left in the year, “Fast Money” pro Anthony Scaramucci shared his 2012 predictions on Europe, gold, the U.S. dollar, Iran and Occupy Wall Street.
Pending sanctions against Iran are designed to cause swifter economic pain than past penalties, and Iran is ramping up rhetoric in response.
Tough talk from Tehran this week sent crude oil prices higher, but what does a cost-benefit perspective suggest?
Sharing perspective on trading tensions around Iran's threat to close the Strait of Hormuz and cut oil supply, with Stephen Schork, Schork Report.
The Fast Money Halftime Report traders break down today's market moving headlines, including the S&P sitting on a 200-day moving average and the stocks that are poised for a breakout.
Sharing insight into Iran's threats to close down the Strait of Hormuz, with Alireza Nader, Rand Corp. Iran analyst saying, "what Iran is counting on is to use this as a threat to prevent an oil embargo on Iran and if there is a conflict to impede the flow of oil to a certain extent that oil prices go up and this puts pressure on the United States and other governments."
A senior Iranian official on Tuesday delivered a sharp threat in response to economic sanctions being readied by the United States, saying his country would retaliate against any crackdown by blocking all oil shipments through the Strait of Hormuz, a vital artery for transporting about one-fifth of the world’s oil supply.
Euro zone fights continue, Iranian rial dives - it's time for your FX Fix.
Investors can blame Europe for choking off stock market gains in 2011. But there’s a growing list of geopolitical flashpoints lurking in 2012—and any one of them could pose a risk to stocks.
In a move that could change the entire dynamic on the drive to economically isolate Iran’s regime, one Chinese company has done the unthinkable, and chosen to voluntarily stop pursuing new business activities in Iran.
A couple of “Fast Money” pros largely brushed aside concerns about Iran’s effect on crude oil prices Tuesday, focusing instead on decreasing demand as the stronger factor in the commodities market.
Crude futures are back near $100 a barrel on supply concerns and reports that Iran is conducting military exercises. The trade on oil, with Daniel Dicker, TheStreet.com senior contributor.