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Well-supplied markets and weakening demand for crude concern American drillers.
Iran could jam navigational devices, slowing transit, or drop mines in the water, forcing the U.S. Navy to do more escorts.
Oil futures surged to a five-month high Monday morning after the U.S. struck Iranian nuclear facilities over the weekend but ...
Analysts with ING financial group outlined four possible avenues for Iran: full escalation that also draws in other nations ...
Critical Chokepoint: The Strait of Hormuz (~20% of global oil flows) remains at risk. Disruption is not binary - the U.S. 5th ...
"The fact that crude oil prices worldwide have already risen significantly over the past week or two means that we have gas ...
If oil prices are any measure, Iran just flinched. The price of oil tumbled Monday afternoon in an historical move as traders bet that Iran’s decision to bomb a U.S. base in Qatar signals it is not ...
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Tampa Free Press on MSNMiddle East Tensions Send Oil Prices Tumbling? US Stocks Surge In Unexpected Market ReversalGlobal financial markets experienced a dramatic and counterintuitive turn today as escalating tensions in the Middle East, ...
A Kansas City economist says gas prices should remain near $3 this summer, with minimal impact from Middle East instability.
Stocks jumped and oil prices tumbled Monday as Iran's retaliation for the U.S. bombing of the country's nuclear facilities resulted in no casualties or significant damage, raising hopes that the ...
In light of the Iranian conflict and the U.S. airstrikes over the weekend, there are a lot of question about what it means ...
The fear of ships being trapped in the Middle East Gulf continued to drive up shipping insurance rates before the Iran-Israel ...
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