June WTI crude oil futures surged this week, with the contract trading at $105.88 Thursday night, up $11.48 or 12.16%. The weekly high is $110.93, while the low

Politics, Geopolitics & Conflict The legal floor under the Iran war is starting to give way. Today marks 60 days since the White House notified Congress that U.

Iran warned President Donald Trump's naval blockade was “doomed to fail” as oil prices soared to their highest point in years with the standoff over the Strait

As the war in Iran enters its 60th day, gas prices in the United States are even higher with the national average climbing to $4.39 — a nine cent increase in ju

Deployment of equipment is one of the first examples of major defence co-operation between the two states

Some from president’s own party have begun to demand accountability in the unpopular conflict

Inflationary surges and economic slowdowns set off by the war in Iran, tariffs and other Trump policies have forced monetary officials to adjust, our columnist

A shortage of fertiliser due to the Iran conflict could reduce crop yields and push prices higher, says the boss of Yara.

The conflict in the Middle East has increased pressure on the cost of petrol, household energy bills and even food.

This comes as investors took in strong earnings stateside, looking past weaker-than-expected economic data and threats of escalation in Iran.

“FX intervention will only get them so far,” one strategist said after the yen surged.

Under the 1973 War Powers Resolution, a U.S. president needs to withdraw troops 60 days after reporting their deployment to Congress

The S&P 500 gained 10.4% in April, its strongest monthly performance since November 2020, as corporate profits outweighed oil market turmoil

Weeks of US and Israeli air strikes, sanctions, and restrictions have hit Iran hard, but it could be geology that eventually pushes it into making concessions i

California's average gasoline price surged to above $6 per gallon on Thursday, the first U.S. state to top this threshold since the Iran war rattled markets. Th

Iran warned President Trump's naval blockade was “doomed to fail” as oil prices soared to their highest point in years with the standoff over the Strait of Horm

The Bank of England voted to hold interest rates at 3.75% as it monitors the knock-on effects of the Middle East conflict.

A key measure of inflation used by the Federal Reserve to set interest rates posted the biggest increase in March in almost three years, marking another major h

Oil futures fall Thursday, reversing direction after reaching a four-year high on a report that President Donald Trump is considering escalating the war in Iran

Consumers faced escalating prices in March as the Iran war sent oil soaring and created a new level of challenges for the Fed.