Oil surges above $100 as Gulf states cut back production; G7 nations consider tapping reserves
Gulf Arab oil producers are cutting production as they run out of storage space because they can't export through the Strait of Hormuz

Gulf Arab oil producers are cutting production as they run out of storage space because they can't export through the Strait of Hormuz
Russia is reportedly helping Iran target U.S. forces in the Middle East, and could now benefit from a windfall of new oil and gas sales.
Travelers are facing hourslong waits at some airport security lines amid TSA staffing shortages.
Kharg Island serves as the centerpiece for Iran's oil industry, accounting for roughly 90% of the country’s crude exports.
The SAVE America Act is all but certain to fail in the Senate, where Democrats will use the filibuster to sink it.
Bahrain and the United Arab Emirates report more strikes on civilian targets as U.S.-Israeli attacks on Iran continue.
Nscale has become a key player in the AI infrastructure buildout
The U.S. ordered non-emergency government staff to leave Saudi Arabia as the widening Iran war rattled global markets.
An unusual swell of Canadian patriotism seen after Trump's threats and tariffs last year has evolved into a new social and economic order.
A growing number of consumers are seeking out third spaces and membership clubs surrounding wellness, to improve their health while also socializing.
The skilled trades are considered more insulated from AI-driven job cuts, experts say.
While the amount that a median-income household can afford is higher than it was a year ago, it is still below the median price for a single-family home.
The latest Middle East tensions sheds light on how the world's three largest oil consumers have taken different approaches to energy, with global consequences.
The 2026 midterm election will determine whether Democrats can win back majorities in both chambers of Congress, and check President Donald Trump's policies.
A new report warns that the U.S. could lose its dominance in space to China in the next few years.
In his Sunday column for Investing Club subscribers, Jim Cramer explains how investors should navigate a continued surge in oil prices.
China's top diplomat Wang Yi signaled preparations are underway for a planned meeting between the presidents of the U.S. and China.
New age-verification laws and tools are designed for child safety on social media and the internet, but adults are in the crosshairs, say privacy experts.
China's consumer inflation recorded the biggest jump in more than three years, as an extended holiday bolstered spending.
Vinay Prasad is leaving his post as director of the Center for Biologics Evaluation and Research.
The GOP's "big beautiful bill" made administrative tweaks expected to reduce enrollment in the Affordable Care Act marketplace by millions of people.
Travelers who are far from falling missiles, drone attacks and other geopolitical flashpoints aren't immune to ripple effects.
Berkshire Hathaway's new CEO, Greg Abel, generated some significant headlines during a roughly half-hour live interview on CNBC's "Squawk Box."
Some Americans are using AI chatbots for therapy. Mental health experts share when it is, and isn't, safe to use those tools for emotional support.