cnbc.com / .cnbc-com-energy / Page 8

Wall Street is already looking beyond Big Tech quarterly results.

Inflation jumped in April while the euro zone economy expanded a meager 0.1% in the first quarter of the year, data showed on Thursday.

India's IT sector fueled consumption growth, but AI is reducing mass hiring now, revealing a shortage of quality jobs, risking future economic momentum.

Oil extended gains on Thursday as signs of a prolonged U.S. blockade on Iranian exports and stalled nuclear negotiations.

UAE leaving OPEC will have huge ramifications.

The UAE has faced repeated missile and drone attacks by Iran, a fellow OPEC member, as it responds to the U.S.-Israeli war.

The latest move higher comes amid reports that the U.S. will look to extend its blockade of Iranian ports.

Oil prices continued to rise on Wednesday after U.S. President Donald Trump appeared to threaten Iran in a TruthSocial post.

The United Arab Emirates' decision to leave OPEC is reverberating across global energy markets, sparking the question of who else could follow.

The alert said China purchases approximately 90% of Iran's oil exports, with teapot refineries accounting for the majority of these imports.