Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.

U.S. Energy Secretary Chris Wright said on Friday he and his team are working with the White House's National Security ...

Oil prices jumped on Friday and settled 7% higher as Israel and Iran traded air strikes, feeding investor worries that the ...

The assassination of the head of Iran’s armed forces has raised fears of another wave of rising prices. Brent crude oil ...

No matter how the fighting unfolds, it promises to increase prices at the gasoline pump just as voters' natural gas and ...

The OPEC Fund for International Development (OPEC Fund) will convene global leaders, policymakers and innovators for its fourth Development Forum on Tuesday, June 17, 2025, in Vienna, Austria, under ...

Israel’s unprecedented attack on Iran raises the specter of sharply higher gasoline prices, just as the summer driving season ...

Oil market participants have switched to dreading a shortage in fuel from focusing on impending oversupply in just two days ...

The United States and its allies, in coordination with the IEA, last tapped emergency oil stocks in early 2022 after the ...

A sustained rise in the price of crude oil, which jumped sharply after Israel attacked Iran, could hurt consumers and ...

For one thing, early reports indicate the air strikes did not hit Iran’s petroleum facilities, which means the Islamic ...

Soaring crude prices, driven by Israel–Iran military escalation, have revived geopolitical risk premiums and raised concerns ...