Oil Surges Amid Iran Conflict — How High Will Gas Prices Go?

Gas, oil prices worry GOP as Trump floats taking over Strait of Hormuz

Republicans on Capitol Hill are growing worried about President Trump's bet that Americans are willing to swallow higher gas prices due to the conflict with Iran, especially ahead of the November elections. The president, only weeks ago in his State of the Union address, had pointed to lowering gas prices as a major victory for [...]

Trump's Oil Strategy Amid Iran Conflict: Relief or Risk?

Trump's Oil Strategy Amid Iran Conflict: Relief or Risk? President Donald Trump is weighing the possibility of easing oil sanctions on Russia and tapping into emergency crude stockpiles in an attempt to counteract the recent surge in global oil prices triggered by the Iran conflict, sources reveal.The consideration signals White House concerns about the repercussions high oil prices could have on the U.S. economy and the upcoming midterm electio…

Oil surges amid Iran conflict — how high will gas prices go?

The conflict in Iran is causing a massive disruption in the global oil supply and sending energy prices skyrocketing. It’s unclear how long the disruption will last — and therefore how long the markets will be squeezed and how high prices will ultimately go. “The absolute disruption of flows through the Strait of Hormuz is…

Russia Revels in a Sudden Reversal in Fortunes as Oil and Gas Prices Soar

Oil Prices Have Spiked More Than 25% Since the Iran Conflict Began, Yet Oil Stocks Have Barely Budged. What's Going on in the Oil Market?

Oil stocks are taking a wait-and-see approach to the war.

Gas prices rise sharply, as conflict in Iran disrupts oil exports, sends prices soaring