In the wake of the U.S. attack on Iranian nuclear facilities, President Trump urged “everyone” to keep oil prices down Monday, also pushing to "drill, baby, drill." ...

Oil prices are tumbling on news of an Israel-Iran cease-fire agreement. Oil prices were already falling after Iran launched strikes on a US airbase in Qatar.

Oil prices eased off a 5-month high as expectations Iran won't close the Strait of Hormuz for now. But this may still change, they warned.

As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to block oil trade via the Strait of Hormuz.

A key concern for markets would center around the potential impact of the developments in the Middle East on oil prices and thus on inflation.

Oil futures tumbled again Tuesday on hopes that the shaky ceasefire between Israel and Iran would reduce if not eliminate the risk any significant disruption to global energy markets. Gasoline ...

The price of oil jumped 4 percent shortly after trading began on Sunday night, but it quickly pared back as the focus shifted from the U.S. military's actions to how Iran would react.

Oil prices climbed on Wednesday as investors assessed the stability of a ceasefire between Iran and Israel, but held near multi-week lows on the prospect that crude oil flows would not be ...

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President Donald Trump said China could purchase oil from Iran, in an apparent reversal of policy after his administration spent months imposing sanctions on Chinese refineries for buying Iranian ...