This is read by an automated voice. Please report any issues or inconsistencies here. NEW YORK — Oil prices sank again Tuesday and dropped below $80 per barrel for the first time since early March, ...

The drop matters well beyond the gas pump. Surging oil had pushed U.S. inflation back above 4% and led traders to start pricing in the risk of a Federal Reserve interest rate hike later this year. As ...

Stock markets closed the day in the red on Tuesday, largely paring afternoon losses as President Trump vowed to retaliate against Iran for the downing of a U.S. military helicopter over the Strait of ...

Oil prices were erasing most of their earlier gains on Monday morning after Iran signaled that it had concluded the latest military operation against Israel after the two countries traded attacks ...

An oil rig in the Gulf Of Mexico as seen from Gulf Shores, Alabama. (Jim Julien/Universal Images Group via Getty Images) The U.S. Air Force is looking to repurpose offshore oil rigs into landing ...

Supercar ownership in this day and age cannot be fun. The seemingly never-ending war in Iran has put a chokehold on gas and foreign product pricing, and President Trump's on-again, off-again tariffs ...

In South Korea, a global energy supply crunch has hit hard. Officials have advised energy conservation, cut growth forecasts and warned of fallout from high inflation and 17-year lows in the value of ...

America is the world's leading oil producer. The United States is less reliant on foreign oil than at times in the past. And of the oil we do import, only 8% comes from the Middle East. Why, then, ...

Over the last two months, nations have scrambled to shore up oil supplies as the Iran war prevented oil tankers moving through the Strait of Hormuz. This, according to some global analysts, would lead ...

April 11 (Reuters) - U.S. President Donald Trump said on Saturday that many tanker ships are en route to the United States to transport oil and gas to other countries. "Massive numbers of completely ...

In a speech to the nation on April 1, President Donald Trump spoke of the Iran war, and the contest for control of the Strait of Hormuz, as if their outcome had little bearing on the market for oil ...