Exxon Mobil CEO expects higher oil prices due to Iran war: ‘The market hasn’t seen the full impact’
Oil prices have soared on the risk of escalation and then plunged on hopes for peace before repeating the cycle.

Oil prices have soared on the risk of escalation and then plunged on hopes for peace before repeating the cycle.
Talks with bondholders for a government bailout this week failed to yield a deal.
The mood in the air was cautiously optimistic as new and returning investors weighed the company's direction under a new chief executive.
Trump said there "is tremendous discord" among Iran's leaders, which has complicated efforts to end the war that the United States began in late February.
Bard College's long-time leader Leon Botstein has faced pressure since the DOJ released documents about his communications with Jeffrey Epstein.
Greg Abel made a point of stopping by every booth in the hall, greeting employees and shaking hands with shareholders.
What travelers who are ticketed on Spirit Airlines need to know if the carrier shuts down.
The Supreme Court struck down Trump's "reciprocal" tariffs earlier this year, and Europe warned that its trade deal with Washington could be in jeopardy.
The fresh funds bring the total investment in Pickleball Inc. to $315 million, as investors continue to look at emerging sports as a place to park their money.
The Kentucky Derby takes place Saturday in Louisville. Prediction market platforms like Kalshi and Polymarket are sitting the race out.
CNBC's Jim Cramer looks to the jam-packed earnings week ahead and explains what he's looking for.
Supercar engines rely on base oils because they can withstand extreme heat, high revs and intense pressure.
The U.S. attorney is expected to imminently appeal a ruling blocking her investigation of the Fed's cost overruns.
On its quarterly earnings call, Apple said revenue growth in the current quarter would be between 14% and 17%, well above analysts' estimates.
Trump's executive order created a new way for Americans to save for retirement and called on Congress to expand the parameters of the deal.
Quietly, shares of Google-parent Alphabet are on the verge of topping $5 trillion, and overtaking AI-leader Nvidia as the world's most valuable company.
While Democrats are favored to flip control of the House of Representatives, the upper chamber is a much closer race, traders believe.
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Federal Reserve officials who voted this week against the post-meeting statement said they didn't think it was appropriate to signal that the next interest rate move would be lower.
When the Fed gathers again, it will mark the first time a sitting and former chair conduct business together in nearly 80 years.
The U.K. is now running a trade deficit with its largest trading partner.
Bitcoin surged in April, but its run could be on shaky ground, according to CryptoQuant.
Atlassian's stock has been hit hard in the "SaaS-pocalypse" sweeping software names as AI threatens to disrupt their business models.
Sen. Chris Coons demanded answers on H200 chips sales to China after Commerce Secretary Howard Lutnick and the Nvidia CEO Jensen Huang give differing answers.