New attacks signal the Iran war is widening across the Middle East to further threaten disruption to energy supplies.

Stocks fell and global oil prices settled at $100 per barrel for the first time since 2022 as the effective closure of the Strait of Hormuz continued to roil markets.

Iran's relentless attacks on Gulf states and infrastructure appear to be overshadowing interventions by the U.S. and its allies aimed at easing energy prices.

For years, Warren Buffett has continued to pile into one popular U.S.-based oil stock. That oil stock now comprises roughly 4% of Berkshire Hathaway's entire publicly traded portfolio. Now that oil prices are surging,

President Donald Trump drew anger from his critics on Thursday after he made the case that high oil prices are beneficial because “we make a lot of money.” “The United States is the largest Oil Producer in the World,

Even if oil prices ease, they won't return to the levels they were at before the war started, according to Patrick De Haan of GasBuddy.

Economist Olivier Blanchard said oil prices could climb to $200, as fully protecting ships in the Strait of Hormuz is nearly impossible.

NEW YORK (AP) — Oil prices have soared since the U.S. and Israel launched their war against Iran, and President Donald Trump is now turning to America’s Strategic Petroleum Reserve as part of a wider agreement from many of the world’s wealthiest countries to tap into emergency stockpiles.

The Social Security cost-of-living adjustment for 2027 may be 1.7% to 2.8%, according to new estimates. But that could increase if inflation climbs higher.

Countries already walloped by a breakdown of the international trading order, war in Ukraine and chaotic U.S. policymaking are facing potentially lasting economic damage.

President Donald Trump and Iran’s new supreme leader both struck defiant tones on the 13th day of the war, offering little relief to energy markets despite fresh US efforts to curb oil prices.