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 ...

Oil prices climbed on Thursday as the war in Iran approaches its one-month mark, with little sign of an end in sight.

The crude oil prices rose to above $100 per barrel on Monday as the U.S. Navy prepares to block the Strait of Hormuz to restrict the flow of Iranian oil shipments in international waters. The U.S. is intensifying pressure on Iran after both countries failed to reach a deal during recent negotiations in Islamabad.

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

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 ...

IndiGo stock falls over 6% as oil prices surge above $100; SpiceJet hits upper circuit amid West Asia tensions and ATF cost concerns.