America is the world's leading oil producer. We don't import much oil from the Middle East. Why, then, are gas prices so high ...

California is importing fuel made from Russian crude oil just as the Iran war tightens global crude oil supplies.

The "load-bearing assumption" among some investors that US Navy warships can easily keep vital chokepoints like the Strait of Hormuz open in times of conflict is slowly crumbling, steadily driving oil ...

Find out how much oil the EU is importing, which countries are the EU's main trading partners and which sectors use the most ...

Add Yahoo as a preferred source to see more of our stories on Google. The effective closure of the Strait of Hormuz during the war with Iran has choked global oil supply and exports through ...

Gas prices could push up the costs of other items as businesses pass on elevated transportation costs. A surge in oil prices this week brought the crucial commodity close to the level that could ...

Oil futures are plunging — but it could still take weeks or months before gas prices are dramatically lower.Word of a two-week ceasefire in the war in Iran and a possible reopening of the vital Strait ...

Oil price may remain elevated even if U.S.-Iran ceasefire holds. Market normalization may take several months. Energy stocks may move lower with oil prices after a strong run higher. A U.S.-Iran ...

A surge in the price of oil on Thursday brought the crucial commodity within reach of being expensive enough to cause a recession.