The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.

Last month, Kirk Edwards travelled from West Texas to the Mar-a-Lago Club in South Florida to celebrate with other donors to President Donald Trump. Edwards, the owner of an oil company in Odessa ...

The benchmark U.S. crude oil price settled at $72.98 a barrel Friday afternoon in the United States, up 7 percent. Prices briefly topped $77 a barrel shortly after the attack began.

Crude oil prices reversed their trajectory from earlier this week, trending lower today after the American Petroleum Institute reported an estimated inventory rise in both gasoline and middle ...

Crude oil prices were set for a weekly gain despite a slide earlier today, mostly on renewed optimism about U.S.-Chinese trade negotiations but also on supply uncertainty in Venezuela in Iran. At ...

The energy crisis of the 1970s suggests that higher oil prices are unlikely to significantly shift U.S. energy policy away from fossil fuels. By Claire Brown As military actions between Iran and ...

Oil prices are climbing once more. Although fundamentals such as supply and demand continue to be significant, the latest spike is largely unrelated to seasonal trends or economic expansion ...

Oil prices surged Friday after the Israeli Defense Forces (IDF) launched a sweeping strike on Iran's nuclear facilities and military leaders. U.S. West Texas Intermediate prices climbed around 6% ...

The statewide gas price average in The Natural State is $2.85 for a gallon of regular unleaded fuel, according to the AAA Arkansas Weekend Gas Watch.

Crude oil prices surged after Israel launched strikes at Iran. West Texas Intermediate and Brent crude oil futures both made significant gains. Oil prices jumped due to concerns over supply ...

Oil prices were falling early Wednesday after a day of gains when President Donald Trump appeared to consider getting the U.S. directly involved in the conflict between Israel and Iran. Israel ...

State-owned oil company Saudi Arabian Oil Co., known as Aramco, set its official selling price for July loadings of Arab Light to Asia at $1.20 a barrel above the Oman/Dubai average, down from $1. ...