CHICAGO(AP) — Oil prices eclipsed $100 per barrel for the first time in more than three and a half years Sunday as the Iran war hinders production and shipping in the Middle East. The price for a barrel of Brent crude, the international standard, was at ...

Despite start of military operations to intercept ships region, investors still expect U.S. and Iran to find an off-ramp.

Yes, higher crude oil prices mean a multibillion-dollar cash infusion to the oil industry. But volatility is bad for business, and sustained high prices come with very serious drawbacks.

Amid the escalating US Iran War, a critical situation has arisen for the oil market as the global crude oil prices continued to surge and stayed above the $100 per barrel mark, even after a slight fall. The worst is yet to come as the Macquarie Group has ...

Domestic energy companies could benefit from high oil prices in the short-term, but take a hit if the Iran war drags on.

Oil prices were climbing again on Thursday morning as the war in Iran approaches its one-month mark — with little sign of an end in sight. The front-month Brent crude contract for May delivery BRNK26 was up nearly 5% to $107.16 a barrel, while the most ...

U.S. stocks rallied closer to their records Monday as hope remains on Wall Street that the global economy can still avoid a worst-case scenario because of the U.S.-Iran war. The S&P 500 rose 1% and pulled back within 1.