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If Iran moves to blockade the Strait of Hormuz, oil and gas prices could spike, but analysts see that scenario as unlikely for now.
Oil prices are tumbling on news of an Israel-Iran cease-fire agreement. Oil prices were already falling after Iran launched ...
Oil market braces for price surge after U.S. attacks on Iranian nuclear facilities. Analysts predict disruptions to Middle ...
Oil prices soared on Friday as tensions in the Middle East flared, with Israel attacking Iranian military and nuclear targets ...
The cost of crude oil affects everything from the price of food at the supermarket to how much it costs to fill up your car.
Oil prices rose 3% on Wednesday as Iran suspended cooperation with the U.N. nuclear watchdog and the U.S. and Vietnam reached a trade deal, but a surprise build in U.S. crude supplies limited price ...
SINGAPORE (Reuters) -Oil prices barely budged on Monday as traders eyed the impact of new European sanctions on Russian oil ...
The U.S. attack on Iranian nuclear facilities Saturday night has raised the risk that oil prices surge into the triple digits ...
Analysts at Goldman Sachs have suggested a worst-case scenario could lead to the supply of oil through the Strait of Hormuz halving for a month and dropping 10% for another 11 months. This would lead ...
Oil prices plunged to the lowest level in a week on Monday night as Iran launched a missile strike on a US military base in Qatar. Brent crude fell by as much as 7.6pc to $71.15 a barrel in response ...
The European Union has imposed sanctions on a major Iranian oil trader and several of his companies as part of its latest ...
Ongoing conflicts in the Middle East are driving up prices at California gasoline stations. California drivers typically pay the highest fuel prices in the United States with the average cost of ...