President Donald Trump may think his war in Iran is a boon for the oil industry — but his way of putting it is causing consternation. “The United States is the largest Oil Producer in the World, by ...

With U.S. gasoline prices spiking, calls are growing for President Trump to tap the nation's Strategic Petroleum Reserve. The SPR has only been tapped four times since its creation in 1975. The effect ...

Iran's new supreme leader Mojtaba Khamenei said the Strait of Hormuz must remain closed to pressure the U.S. Attacks on tankers and cargo vessels in the Persian Gulf continued overnight. Energy ...

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Dozens of countries have done the unprecedented, releasing an historic amount of crude from emergency reserves to prevent high oil prices from crippling the economy. If that doesn’t work, there’s only ...

Since Feb. 27, the day before the U.S. and Israel began their attack on Iran’s government, oil prices have spiked, reversed and risen again. But at current levels, they support a significant increase ...

ORLANDO, Fla. – Crude oil prices on Friday increased $10 a barrel, leading to a 25-cent jump at the gas pumps, which you may have noticed on Monday. That’s according to AAA. Oil prices account for ...

HONG KONG/FRANKFURT, March 9 (Reuters) - (This March 9 story has been corrected to clarify that the cheapest seat available on Korean Air was first class, in paragraph 8) Airline stocks were hammered ...

Add Yahoo as a preferred source to see more of our stories on Google. A longtime oil trader expressed amazement at President Donald Trump’s decision to go to war with Iran, because doing so “was the ...

American motorists could soon pay more at the pump amid spiking oil prices due to the U.S.-Israel attacks on Iran, with experts predicting gasoline prices could rise sharply this week. The price of ...

Andy Mukherjee is a Bloomberg Opinion columnist covering industrial companies and financial services in Asia. Previously, he worked for Reuters, the Straits Times and Bloomberg News.