In his first statement since taking office, Iran's new supreme leader said the Strait of Hormuz, crucial to global oil supply, is staying shut. It's led the US to temporarily lift sanctions on Russian ...

NEW YORK, March 6 (Reuters) - Federal Reserve Bank of Cleveland President Beth Hammack said on Friday that while she expects inflation pressures to moderate, if they are not easing later this year the ...

US stocks rebounded Monday afternoon as investors bought the dip following US and Israeli air strikes on Iran, while defense stocks like Lockheed Martin jumped. The Dow Jones Industrial Average and ...

Add Yahoo as a preferred source to see more of our stories on Google. Oil prices surged and markets slid Monday after hard-line Ayatollah Mojtaba Khamenei was chosen to succeed his late father as Iran ...

Motorists see prices jump as much as 19 cents overnight; economists warn the volatility could impact the broader local economy. The pain at the pump has returned for Western Pennsylvania motorists as ...

Outlining what the forward curve shows today, the Standard Chartered Bank analyst pointed out that “backwardation extends ...

Oil markets currently closed for the weekend are set to see price swings next week as the impact from the U.S. and Israeli strikes on oil supplies from the Middle East remains unclear. Scenarios ...

Oil prices seesaw over uncertainty of war as Iran names new leader - AP explains Oil prices surged and markets slid Monday after hard-line Ayatollah Mojtaba Khamenei was chosen to succeed his late ...

Add Yahoo as a preferred source to see more of our stories on Google. AAA says gas prices are up $0.62 per gallon compared to a month ago as uncertainty over the war with Iran spurs volatility. Author ...

The construction industry shed an estimated 11,000 positions overall in February, according to the Bureau of Labor Statistics' March 6 jobs report estimating that the U.S. economy shed 92,000 jobs for ...

The war with Iran has driven up crude prices. Oil could continue rallying if Iran impacts global oil supplies or fall if there's a de-escalation in the conflict. Oil giants Chevron and Exxon offer ...