The US president says he will hit Iran "twenty times harder" if it blocks the Strait of Hormuz, as people in Tehran say the city had its heaviest night of strikes.

The UAE has reduced its oil output by about 500,000 to 800,000 barrels a day, Kuwait by roughly 500,000 barrels a day, and Iraq by around 2.9 million barrels a day. Trump predicted that the war with ...

Russia’s invasion of Ukraine set off a global energy crisis in 2022, sending prices for oil and gas skyrocketing in Europe and the U.S. for months on end. Many Americans struggled to keep up with ...

This was the scene in Tehran on Sunday following a night of Israeli airstrikes on the city’s oil facilities. It may also capture the mood of international markets as the intensifying war in the Middle ...

Capital Region residents had to fork over $7 more than usual to fill their tanks with gas when the work week began Monday.

The cost of oil surged past $100 a barrel after Iran named Mojtaba Khamenei as supreme leader. Follow Newsweek's latest ...

The Pentagon said a Space Brigade sergeant was killed and the price of oil increased after Iran named Mojtaba Khamenei as ...

A nine-day tanker standstill at the Strait of Hormuz sent equities lower while Bitcoin climbed near $69K, breaking the ...

Barrick Mining is one of the world's largest gold mining companies with almost $17 billion in FY2025 revenue, up by 31% vs.

Oil prices skyrocketed Monday, leading to more worries that higher energy costs will fuel inflation and lead to less spending ...

Israel has struck southern Lebanon, Beirut and an oil storage facility in Tehran as the war in the Middle East keeps escalating, and Prime Minister Benjamin Netanyahu promised “ ...