The fallout of the U.S.-Israel strikes on Iran and the subsequent effective closure of the Strait of Hormuz has reached Asia ...

At 8:30 a.m. Eastern Time today, oil was priced at $99.84 per barrel with Brent serving as the benchmark (we’ll explain ...

The price of gasoline generally tracks the cost of oil, but there are additional costs that go into making gasoline, ...

The administration believes it has three to four weeks “where they can ride out what they need to” before oil prices become a ...

Brent crude reached its highest price since Russia invaded Ukraine in 2022. Gasoline prices in the U.S. are expected to continue to rise.

The U.S.-Israeli attacks on Iran have intensified and the conflict has widened, shaking global energy markets.

Oil prices topped $100 a barrel one week after the U.S.-Israeli strikes on Iran, which have threatened production and shipping across the Middle East. West Texas Intermediate (WTI), the primary ...

Gas prices track increases in crude oil, though usually with a lag of days or weeks as refiners pass on expenses. That makes it likely prices will continue to rise as oil prices push higher.

The Strait of Hormuz is effectively closed, placing 21% of global oil trade at risk and triggering triple-digit oil prices. Read the full analysis here.

Oil prices fell sharply as geopolitical risk eased after Iran confirmed upcoming talks with the U.S. in Oman. Despite the pullback, Standard Chartered says oil market sentiment is improving, pointing ...

Consumers could continue to see lower gas prices if oil prices decrease in the new year. The U.S. Energy Information Administration is projecting lower oil prices in the first quarter of 2026, though ...