Oil, gasoline
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The end of the ceasefire in Iran has caused crude oil prices to soar toward $90 a barrel, signaling an imminent rise in U.S. gasoline costs. AAA warns that global supply constraints from conflicts in
Oil softened on Tuesday, with markets weighing reports of mediation efforts between the U.S. and Iran against an exchange of fresh attacks between the two and threats of a naval blockade of Saudi Arabia by Yemen's Houthis.
CNN News Central’s John Berman and CNN Senior Business Reporter David Goldman go over what’s causing oil prices to rise over the past week and what this will mean for consumers.
Shipping traffic was at its lowest level in more than a month and oil prices moved higher as the Iran war continued to disrupt the supply of energy.
1don MSN
Oil prices erase gains after Iran says U.S. talks could be pursued based on national interests
American forces have started the ninth consecutive night of strikes against Iranian targets.
Oil Price US on MSN
China's Next Move Could Decide Where Oil Prices Go This Year
China's crude import pullback helped cap oil prices during the Iran war, and its next buying decision could set the trend for 2026.
The IMF warns that renewed Middle East war and soaring oil prices threaten India's growth, already cut to 6.4% for FY27.
Global oil prices soared past $90 a barrel and stocks slid in Asia as the US-Iran conflict widened, with Tehran vowing "not a single drop" of oil or gas would transit the Strait of Hormuz if US aggression continues.
