In a speech to the nation on April 1, President Donald Trump spoke of the Iran war, and the contest for control of the Strait of Hormuz, as if their outcome had little bearing on the market for oil ...

The claim: With the Iran war prompting oil transport blockages in the Middle East that are pushing up oil and gasoline prices, Energy Secretary Chris Wright has become a public face of the Trump ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

The century-old symbol of hospitality remains a beloved and nostalgic artistic medium, even as it fades in popularity. More than three billion individual guest checks are printed each year at the ...

Motorists are paying sharply higher fuel prices since the outbreak of the Iran war, despite the U.S. being the world's largest oil producer. Why? After all, as of 2023 (the latest data available), the ...

As the third week of the U.S.-Israel war against Iran grinds on, the effect the war might have on the global economy is still unclear. At the center of that question is oil. Iran’s closure of the ...

(NEXSTAR) – Amid rising gas and energy prices and with the key passageway for oil shipping still closed, the U.S. and other members of the International Energy Agency said they will release the ...

GREEN BAY, Wis. (WLUK) -- The approach of Winter Storm Elsa means Northeast Wisconsin residents are preparing for a big hit of winter weather this weekend. It's been since late December that our area ...

U.S. crude oil recorded its biggest weekly gain on record, dating back to the inception of the West Texas Intermediate oil contract in March 1983, as the escalating Iran war threatens global energy ...

Global oil markets have reacted swiftly to escalating tensions in the Middle East as the United States and Israel continue their assault on Iran. After oil tanker traffic through a key chokepoint, the ...

Economists and oil market analysts have hiked their oil price forecasts for 2026 amid rising geopolitical tensions and heightened war premium due to the U.S.-Iran standoff. Both crude oil benchmarks ...