A barrel of Brent crude topped $111, while the U.S. benchmark also rose as the Iran war intensifies.

Stock markets plunged and oil prices surpassed $100 per barrel today amid the US war in Iran. How high will crude oil get? See the latest predictions.

Crude oil prices would need to jump to roughly $138 a barrel amid the war on Iran and stay there for at least a few weeks to put the US at a serious risk of a recession, according to a new survey of economists released Thursday.

Texas’ status as the nation’s largest oil producer will partially insulate its residents from some gas price hikes, but it’s not immune to disruptions, experts say.

U.S. oil futures have roared past $110 a barrel in Monday trading hours in Asia after their biggest weekly jump ever. Prices hadn’t exceeded $100 a barrel since Russia’s invasion of Ukraine in 2022. Front-month West Texas Intermediate futures soared 30% to hit $118.

U.S. crude oil prices have topped $100 a barrel since the U.S.-Israeli strikes on Iran. But this isn't the first time prices have gone this high.

Texas gas prices are climbing as the conflict involving Iran disrupts global oil markets. Crude briefly surged near $120 a barrel amid fears of supply disruptions.

The price actions of the West Texas (WTI) crude oil have staged an expected bullish reversal after the two-day decline of around 35% from its four-year high. Read more

Israel’s prime minister said the country acted alone in striking an Iranian oil field, after US President Donald Trump said he had told Israel to halt attacks on Tehran’s energy sites.