Power Lunch

"There are some alternatives to the closure of the Strait of Hormuz," says Lipow Oil Associates President Andy Lipow as Iran reportedly begins laying mines in the key waterway. cnbc.com/video/2026/03/…

U.S. crude saw its biggest daily decline since 2022. It comes after Energy Secretary Chris Wright wrongly claimed in a social media post that the U.S. Navy had escorted a tanker through the Strait of Hormuz. cnbc.com/2026/03/10/cru…

Russian leaders denied in a call with Pres. Trump allegations that they are sharing intelligence with Iran during the war, U.S. Special Envoy Steve Witkoff told CNBC. cnbc.com/2026/03/10/ira…

The IEA will meet to discuss a possible release of emergency stocks to address the supply disruption caused by the Iran war. cnbc.com/2026/03/10/iea…

Bill Ackman filed to list his hedge fund firm Pershing Square Capital Management on the NYSE. cnbc.com/2026/03/10/bil…

Read more about it: cnbc.com/2026/03/09/tru…

BREAKING: S&P 500 turns positive after Pres. Trump tells CBS the Iran war "is very complete, pretty much." $SPX

"What's the best case scenario here?" asks @SullyCNBC as the Iran war enters its 2nd week. "That we're done in a couple of weeks," says @ntengler. "Investors need to hunker down. We're not very off the highs." cnbc.com/video/2026/03/…

"We think the countdown is days... 2 weeks at most before you are so broken in terms of the logistics that oil will keep rallying," says @Macquarie's Vikas Dwivedi as oil prices fall back below $100/barrel. $CL $LCO cnbc.com/video/2026/03/…

$91 --> $120 --> $95 for #oil in 18 hours is one for the record books.

This smells like a deescalation ... "careful" is not "we're gonna blow you out of the water" lets see if the market keeps coming back #oil

Anthropic filed a lawsuit against the Trump administration after the AI company was blacklisted and labeled a threat to U.S. national security. cnbc.com/2026/03/09/ant…

Iran’s Ministry of Foreign Affairs warned oil tankers passing through the Strait of Hormuz “must be very careful." cnbc.com/2026/03/09/ira…

Why China can withstand oil’s surge past $100 more easily than other countries: cnbc.com/2026/03/09/chi…

Crude oil prices surged above $100 per barrel after major Middle East producers cut output because the critical Strait of Hormuz remains closed due to the Iran war. cnbc.com/2026/03/08/cru…

POWER POLL: How high will oil prices climb in 2026?

Average IRS tax refund is up 10.6%, early filing data shows. cnbc.com/2026/03/06/ave…

U.S. crude oil posted its biggest weekly gain in futures trading history. cnbc.com/2026/03/06/ira…

"Even if you have a naval convoy to get these tankers through, that's little comfort if there's still a very high chance that you're going to get struck with a missile or drone," says Kpler's @mattvsmith01 as tanker traffic in the Strait of Hormuz comes to a standstill. cnbc.com/video/2026/03/…

"I have never made money in my 35 years acting on geopolitics other than to look for opportunities, to look for best-in-breed on sale," says @Stephanie_Link. Here are the stocks and sectors she's looking at: cnbc.com/video/2026/03/…