The price of oil surged higher and showed no signs of halting its rapid climb a week after the U.S. and Israel launched major attacks on Iran that escalated into a war in the Middle East.

On March 24, 1989, just after midnight, a massive oil tanker ran aground in one of the most pristine marine environments in ...

The IRGC claimed to have struck a Marshall Islands-flagged tanker in the Strait of Hormuz, according to a report by Iranian media. Iran's Islamic Revolutionary Guard Corps (IRGC) said that it hit a ...

The price of gas has jumped 14% in a week and looks likely to rise even further as the war has disrupted oil supplies.

Oil prices have surged above $90 amid disruptions in the Strait of Hormuz. Here’s a reality-based look at how high crude could go—and what ultimately limits the spike.

Monocle’s Gulf correspondent stands in Oman overlooking the Strait of Hormuz, where tankers sit still as the battle swells.

As of Friday, the AAA gas price average for Ohio was $3.25 and $3.26 in West Virginia, with a national average of $3.32 ...

Oil shot to its highest price since 2023 on Friday as the Iran war kept escalating, while a weak update on the U.S. job market highlighted the economy’s precarious position. It all raised the risk of ...

The broadening Iran war has ricocheted across the region and beyond, with nearly every country in the Middle East sustaining damage from missile hits, drone strikes or shrapnel. Many are reporting ...

HONG KONG (AP) — Asia shares were mixed Friday following a mild retreat on Wall Street, while the price of oil fell more than $1 after reaching the highest level since the summer of 2024.

The broadening Iran war has ricocheted across the region and beyond. Nearly every country in the Middle East has sustained ...

Drivers will likely experience more pain at the pump after a big jump in gas prices this week sparked by developments in the ...