https://macworks.dev/tags/oil-and-gas/Recent content in Oil and Gas on MacWorksHugoenhttps://macworks.dev/docs/week/cnbc/cnbc-2026-04-09/Mon, 01 Jan 0001 00:00:00 +0000https://macworks.dev/docs/week/cnbc/cnbc-2026-04-09/<h1 id="cnbc--2026-04-09">CNBC — 2026-04-09<a class="anchor" href="#cnbc--2026-04-09">#</a></h1> <h2 id="lead-story">Lead Story<a class="anchor" href="#lead-story">#</a></h2> <p>The fragile U.S.-Iran ceasefire is already showing deep cracks as the Strait of Hormuz remains heavily restricted, sending global oil prices surging back above $97 a barrel. Despite the truce, Iran is reportedly planning to charge shipping tolls in cryptocurrency and is severely limiting transit, sparking outrage from President Donald Trump and setting up a highly volatile backdrop for global energy markets.</p> <h2 id="markets--economics">Markets &amp; Economics<a class="anchor" href="#markets--economics">#</a></h2> <p>Inflation proved stubbornly persistent even before the Middle East conflict, with February&rsquo;s core personal consumption expenditures (PCE) price index rising an annualized 3%. Headline PCE advanced 2.8%, matching forecasts but cementing concerns that the Federal Reserve faces a prolonged battle with price pressures. Compounding the economic unease, U.S. fourth-quarter GDP was revised down to a sluggish 0.5% annualized growth rate, pointing to stagflationary currents. Meanwhile, the 10-year Treasury yield hovered near 4.3%, while the Dow Jones Industrial Average managed to creep into positive territory for 2026 despite the geopolitical overhang.</p>https://macworks.dev/docs/week/cnbc/Mon, 01 Jan 0001 00:00:00 +0000https://macworks.dev/docs/week/cnbc/<h1 id="cnbc--week-of-2026-04-04-to-2026-04-10">CNBC — Week of 2026-04-04 to 2026-04-10<a class="anchor" href="#cnbc--week-of-2026-04-04-to-2026-04-10">#</a></h1> <h2 id="story-of-the-week">Story of the Week<a class="anchor" href="#story-of-the-week">#</a></h2> <p>Global markets were dominated by the escalating U.S.-Iran conflict that choked the Strait of Hormuz, culminating in a fragile, Pakistan-brokered two-week ceasefire that temporarily triggered a massive 1,325-point relief rally in the Dow. However, the truce immediately showed deep cracks as Iran reportedly planned cryptocurrency tolls for ships, and physical spot prices for dated Brent crude hit a record $144 a barrel, highlighting the severe and ongoing disruption to the global energy supply chain.</p>