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Global crude prices jumped on Sunday but have since retreated. Here's what experts say about the outlook for oil and gas.
The American economy faces the unwelcome prospect of reignited inflation after the United States launched strikes on three ...
JPMorgan says there's about a one in five chance that disruptions to oil production in the Persian Gulf send prices spiraling ...
Average fuel prices across Florida are notably higher to open the work week June 23 than they were seven days ago amid ...
The Japanese yen, normally one of the most sought after safe havens in times of geopolitical stress, has dropped 2.4% against ...
The prices of all goods may see a rise soon due to oil price spike if Iran goes through with its plan to close off the Strait of Hormuz, says Federation of Malaysian Consu­mers Associations (Fomca).
There are concerns US military action against Iran would send inflation higher, dampening consumer confidence. Read more at ...
The South African rand weakened in early trade on Monday, pressured by the rise in crude oil prices and risk-off sentiment following the U.S. military action against Iran over the weekend.
Brent crude could jump to around $90 a barrel if the Strait of Hormuz is closed, according to Citigroup Inc., which added ...