US-Iran tensions may escalate into conflict, risking regional energy assets and Strait of Hormuz access, pushing oil to $150. Read why a crude spike looks likely.

A significant drop in oil prices may offer consumers reason to celebrate, but it also hints at an economic slowdown in China, the world’s second largest economy.

CFR convened a workshop to explore what drives oil price volatility, what effects it has on the economy and geopolitics, and what policy options to reduce price volatility.

By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) -Investor unease about an increasingly uncertain environment is rising, as Norway's shock rate cut on Thursday highlights how U.S. tariffs ...

JPMorgan says it's unlikely Iran will close Strait of Hormuz Oil prices were flirting with four-month highs early Thursday as traders continued to show concern that the Israel-Iran conflict could ...

Oil prices capped below $80 despite Mideast tensions, due to oversupply. Low probability of full-scale war; Strait of Hormuz blockage is key risk. Iran, Iraq, Saudi Arabia, UAE, Kuwait, and Qatar ...

The strongest action was in the oil market, where the price of a barrel of benchmark U.S. crude jumped 7.3% to $72.98. Brent crude, the international standard, rose 7% to $74.23 for a barrel.