WTI oil futures edged up 0.1% to $96.32 a barrel, while Brent crude gains 3.8% to $107.38 a barrel, after strikes hit Iranian energy infrastructure.

As the broader war in the Middle East begins its third week, worries over the fallout of crippled energy supplies continue to roil markets.

Oil prices, with WTI Crude near $65 and Brent Crude near $70, rose by over 1% early Wednesday due to ongoing tensions between the U.S. and Iran. The oil market is closely watching U.S.-Iran negotiations and Israeli Prime Minister Benjamin Netanyahu's ...

U.S. gas prices are surging as the Iran war drives up the global cost of oil. But what exactly accounts for what you pay at the pump?

The price of oil soared more than 10% on Thursday as the International Energy Agency warned the U.S.-Israeli war on Iran was "creating the largest supply disruption in the history of the global oil market." The price of international Brent crude oil rose 9%, to more than $100 per barrel, while U.S. crude oil climbed above $96.

Oil supermajors are pivoting their strategy from prioritizing shareholder cash distributions and low-carbon ventures to focusing on growth, drilling, and expanding their oil and gas reserves. This shift is primarily driven by the failure of projections for ...