Oil prices rise
Digest more
Corporate executives are not panicking over a short-term increase in oil prices and Strait of Hormuz closure, but patience may wear thin in a matter of weeks.
Oil prices rose Monday after the United States and Iran threatened fresh attacks on energy facilities in the Middle East, including power plants, signaling that the conflict may yet escalate.
You can't deny the reality that it's not good for a Republican Party already in an uphill climb to win in the midterms.
A fifth of the world’s oil is shipped out of the Gulf through the Strait of Hormuz, but the war with Iran means it’s effectively closed.
CONFIRMED - U.S. Energy Secretary Chris Wright said on national TV today, March 8, 2026. on Fox News Sunday and CBS “Face the Nation” and other appearances).
A drop in oil prices slowed after Defense Secretary Pete Hegseth warned the day would be America's "most intense day of strikes inside Iran."
At war with Iran, President Donald Trump is cycling through an increasingly desperate list of options as he searches for a solution to the crisis in the Strait of Hormuz. Trump and his allies insist
Fears grow in Lebanon of Israeli ground invasion as IDF preparing for "several more weeks of fighting against Iran and Hezbollah".
Popular Florida family theme park closes down for new development The Strait of Hormuz crisis has driven oil prices to four-year highs, disrupting global energy supplies. Rising fuel and fertilizer costs are pushing gas and grocery prices significantly higher for consumers.