A Kansas City economist says gas prices should remain near $3 this summer, with minimal impact from Middle East instability.

Check out the latest updates on the ongoing Iran-Israel conflict by bookmarking this page. Trump says Israel and Iran agree ...

Treasurer Jim Chalmers has put petrol stations on notice, calling on them not to dud motorists with unjustifiably high prices amid the Israel-Iran conflict.

Rising oil prices and strong cash flow make Occidental Petroleum a top pick. Learn how OXY stock's strategy mitigates risk ...

A prominent adviser to Ayatollah Ali Khamenei, Iran’s supreme leader, has already called for the closure of the Strait. A ...

The price of crude oil plunged Monday afternoon, following Iran's retaliatory attacks targeting a U.S. military base in Qatar ...

WASHINGTON (AP) — President Donald Trump on Monday declared the “12 day war” between Israel and Iran was set to end in a ...

Economic fallout from the weekend strike by U.S. forces on Iranian nuclear facilities has been muted so far, but the opening ...

U.S. energy independence helps shield American economy from Iran's threats to block the Strait of Hormuz, where one-fifth of ...

Iran is reportedly weighing blocking a key commercial choke point known as the Strait of Hormuz, a move that could ...

About 20 million barrels of crude oil pass through the strait daily, according to the U.S. Energy Information Administration.