Oil prices are volatile after Trump threatened Iran over the closure of the Strait of Hormuz. Brent crude rose to almost $112 per barrel and WTI rose 3.5% to over $115 before reversing gains.

United States President Donald Trump said on Sunday that he wishes to “take the oil” in Iran, as the US-Israel war against Iran enters its second month. On Monday, President Trump threatened to target ...

Oil prices posted their biggest one-day percentage decline in almost six years on Wednesday after the U.S. and Iran agreed to a two-week cease-fire, but U.S. and global benchmark crude ended above ...

Oil prices go up faster than they come down, especially since the war has damaged oil infrastructure in the Middle East. The price of a barrel of crude oil tipped past the $100 mark this weekend, with ...

Oil prices fluctuated and stocks fell after posting gains on Monday amid mixed signs of de-escalation in the U.S.-Israeli war in Iran, which has led to a blockage of critical energy supplies.

Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. The American Petroleum Institute (API) estimated that crude ...

The tanker full of crude oil could reach its expected destination by Monday, providing a lifeline to the island amid intense U.S. pressure. By Jack Nicas and Eric Schmitt Jack Nicas reported from ...

Six weeks ago, the world was practically swimming in crude oil. The market was oversupplied and prices were low and stable. But now, some parts of the energy market are acting like the world is on the ...

Oil futures tumbled on Wednesday, but risks of a continued energy shock lingered after Iran's semi-official Tasnim news agency said the regime was halting all traffic through the Strait of Hormuz ...

Oil prices plummeted and stocks surged Wednesday after a fragile ceasefire between the United States and Iran took effect, spurring hopes that oil tankers would be allowed to pass through the Strait ...

Oil prices fell sharply while global stock markets surged Wednesday after the United States and Iran agreed to a conditional two-week ceasefire that includes reopening the Strait of Hormuz. The price ...