President Donald Trump said negotiations with Iran were ongoing, expressing optimism and saying that Vice President JD Vance ...

Iran has received an American 15-point plan for a ceasefire for the Iran war through intermediaries from Pakistan, officials ...

Unusual bursts of trading in U.S. stock and oil futures early Monday have drawn scrutiny after occurring shortly before President Donald Trump announced a pause in potential military action against ...

New Delhi, March 25 -- Fuel Shock Hits India EV Demand Surges As Oil Prices Spike Amid Iran War Uncertainty ...

JERA Co. Ltd. last week announced a proposal for a $2 billion, 500-megawatt, natural gas power plant that would establish the ...

The head of the European Central Bank says that businesses may be quicker to raise prices in response to the oil shock from ...

For Sarah Lawhun, the soaring price of gas means she’s eating one less meal a day. A careful budgeter, Lawhun has spent nearly $70 more at the pump this month. She’s trying to offset the increase by ...

Prices have only been that high twice before. Most recently, gas reached $4 per gallon in 2022, and before that, in 2008. Analyst Patrick DeHaan with GasBuddy said government lead ...

The president has insisted that "oil prices are going to go down very, very rapidly…so is inflation" when the Iran war ends.

For decades, the world has accepted a dangerous reality: One of its most important energy arteries runs through the Strait of Hormuz, a narrow chokepoint repeatedly threatened by Iran.

Oil prices fell over 5% while global stock markets rose, influenced by optimism regarding potential U.S.-Iran negotiations to de-escalate the ongoing conflict.

Even the US — the world’s leading oil producer — is feeling the pressure amid Iran's blockade of the Strait of Hormuz. To understand why, it helps to look at a map.