As the U.S. and Iran fight for dominance in the Strait of Hormuz, U.S. gas prices are continuing to rise—and production might ...

The market for oil is global, which is why events like the war in Iran affect oil prices – and prices of the wide range of products made from oil – literally everywhere. Federal data shows that the ...

The war in Iran has pushed global oil prices higher, which boosts oil company revenues. But major U.S. oil companies aren't ...

As President Donald Trump announces a two-week ceasefire with Iran pending opening the Strait of Hormuz, you might be wondering if the agreement will help ease prices at the pump. While oil prices ...

Yes, higher crude oil prices mean a multibillion-dollar cash infusion to the oil industry. But volatility is bad for business, and sustained high prices come with very serious drawbacks.

Goldman Sachs analysts on Thursday warned oil infrastructure damage and efforts to refill strategic oil reserves could keep ...

If the United States buys so little oil from the Persian Gulf, why would a war in the region cause gas prices here to spike?

Two months into the disruption of oil flows through the Strait of Hormuz, a gap is opening between what financial markets ...