The global Brent benchmark has jumped more than 50% to around $112 a barrel as the near-complete closure of the Strait of Hormuz choke supplies.

Oil prices have been very volatile since Israel and the U.S. launched military strikes against Iran about three weeks ago. Crude has surged on news of attacks against oil tankers in the Persian Gulf ...

EXCLUSIVE — Senate Majority Leader John Thune (R-SD) is urging Americans to endure bloated gas prices from the Iran war a ...

The Trump administration waived sanctions on the purchase of Iranian oil at sea for 30 days on Friday (March 20) in its latest attempt to ease oil prices that have been driven up by the U.S.-Israeli ...

DUBAI, United Arab Emirates (AP) — U.S. President Donald Trump said he was considering “winding down” military operations in ...

Experts say the U.S. risks "funding a war against itself" as sanctions against Iranian oil are lifted, but the step may not do much to contain the conflict's economic ripple effects.

Founded in 2003, Evolution Petroleum (NYSE:EPM) is focused on developing and producing onshore oil and natural gas properties ...

The mixed U.S. messages came after another climb in oil prices plunged the U.S. stock market, and was followed by a Trump ...

The causality between the oil shocks and the bear market isn't always clear, but in some cases it is. Stocks fell more than ...

With U.S.-brokered Ukraine peace talks on hold due to the war in the Middle East, Russian President Vladimir Putin is expected to try to expand his military gains via new offensives against his ...

Strikes on infrastructure amid the Iran conflict are worsening a global energy crisis. Energy supplies were already tight and ...