Another climb for oil prices shook stock markets on Friday, as hopes collapsed for a possible cut to interest rates this year by the Federal Reserve. The S&P 500 fell 1.5% to close its fourth straight losing week,

Talk of $200 a barrel oil isn’t hyperbole until peace talks emerge or the Strait of Hormuz reopens, says a veteran oil analyst

Every 1-cent increase in gasoline prices reduces consumer spending by $1.5 billion annually, one economist says.

Oil prices stabilized and Wall Street futures fell early Friday as Israel and Iran traded attacks in the three-week old war that has jolted global markets.

Article-Playlist: Middle East. Oil prices jump again as Iran strikes Middle East energy facilities. . Oil prices rose on Thursday (March 19) after Iran attacked ener

Goldman Sachs analysts warned that oil infrastructure damage and efforts to refill strategic oil reserves could keep prices elevated longer than many expect, even if the Iran war

Israel said they will hold off on further attacks on Iran. Lawmakers are pressing the White House for more information on the exit strategy.

Crude surges again as the conflict in the Middle East escalates, with several natural gas facilities in Qatar facing missile strikes.