Brent crude futures, the global benchmark oil price, settled at $100.46 a barrel Thursday, continuing its sharp climb despite efforts to calm fuel markets, including the coordinated release of strategic reserves by the U.

Member countries of the International Energy Agency unanimously agreed Wednesday to release 400 million barrels of oil into the global market – the largest release of emergency oil stocks in history – in a drastic move aimed at shoring up crude supplies and capping a surge in prices caused by the conflict in the Middle East.

A group representing many of the world’s wealthiest countries agreed Wednesday to release the largest volume of emergency oil reserves in its history, in a bid to counter the effects of the Iran war o...

Stock index futures were mixed before the bell Wednesday as investors weighed escalating geopolitical tensions in the Middle East and rising oil prices following military confrontations between the U....

Iran set ablaze two tankers in Iraqi waters as it stepped up attacks on oil and transport facilities across the Middle East, warning the world should be ⁠ready for oil at $200 a barrel in defiance of ...

It was only last month, in his State of the Union address, that Trump had bragged about gas prices at $2.30 a gallon, a figure that has since soared more than 50% to a national average of $3.60 a gall...

Stock futures slid early Monday after continued fighting across the Middle East helped push oil prices past $115 a barrel for the first time in years.

Indexes down: Dow 1.56%, S&P 500 1.52%, Nasdaq 1.78%

The conflict in the Middle East and around the Strait of Hormuz is intensifying.