Escalation in US.-Iran conflict sends oil prices
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Global oil prices on Tuesday notched their largest two-day rise since mid-March, buoyed by further escalation in the U.S.-Iran conflict.
For decades, OPEC influenced the market by how much oil it produced. But China, the largest importer, is demonstrating its remarkable power over prices.
Gasoline prices rose for the first time in nine weeks amid renewed geopolitical tensions. As of July 13th, weekly gasoline prices were up 8 cents for regular and
Oil prices are climbing Monday following a weekend of attacks in the Middle East, while more losses for computer chipmakers and
Stock futures pointed in different directions Tuesday as rising energy prices, bank earnings, and key inflation data competed for investor attention
Stocks fall and oil prices rally, while government bond yields rise, after US and Iranian forces renewed exchanges of heavy missile and drone assaults, with Tehran saying it had again closed the vital Strait of Hormuz.
A large oil tanker moves through the Strait of Hormuz as a smaller Iran-flagged speedboat cuts across the foreground. Iran said Monday that the Strait of Hormuz remained closed after U.S. and Iranian forces exchanged heavy missile,
Brent crude dips slightly below $78 a barrel; most Asian stock markets bounce back
