“When the response comes and it is muted, oil drops,” said Tom Kloza, chief market strategist at consultancy Turner Mason & ...

The U.S. strikes against Iran over the weekend raised concerns that Iran could retaliate by trying to close the Strait of ...

The price of crude oil plunged Monday afternoon, following Iran's retaliatory attacks targeting a U.S. military base in Qatar ...

A prominent adviser to Ayatollah Ali Khamenei, Iran’s supreme leader, has already called for the closure of the Strait. A ...

An increase in gas prices is one potential economic impact of the U.S. bombing nuclear sites in Iran June 21.

Missouri’s gas prices remain steady for now. According to AAA, the average gas price in Missouri is $2.836 per gallon. That’s on par with the average from the past month, and slightly lower than last ...

President Donald Trump is calling for the U.S. and other oil-producing economies to pump more oil as crude prices remain volatile following U.S. strikes on Iranian nuclear facilities.

European nations worked Monday to keep alive diplomatic efforts to curb the Israel-Iran war as the two countries traded ...

Gas prices in Northern West Virginia have risen by seven cents to an average of $3.167 per gallon, while the national average ...

The calming in the oil market came as several analysts said Iran would likely refrain from closing the waterway. Iran itself ...

Analysts widely expect any move to restrict the flow of shipping traffic in the Strait of Hormuz to bring a spike to oil ...