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Oil prices and war in Middle East

US oil prices up nearly $3 as Middle East crisis constrains supply

By Katya Golubkova TOKYO, March 11 (Reuters) - U.S. West Texas Intermediate crude oil prices rose by $2.90 per barrel, or 3.5%, to $86.33 in early trade on Wednesday as supplies from the Gulf remain constrained amid the U.

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Middle East war live: Japan to take lead on releasing oil from reserves

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There’s a commodity even more vital than oil and gas in the Middle East — and it’s at risk as war heats up

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How to save money on gas when prices rise

Gas prices are surging due to the war in Iran, and drivers are scrambling to find ways to save at the pump.

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Will Oil Prices Hit $200 A Barrel?

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LNG Canada ramps up output as Iran war threatens global gas supplies

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Dow and Nasdaq end volatile session nearly flat, S&P 500 edges lower as oil prices cool off

The Dow Jones Industrial Average was off 34.29 points, or around 0.1%, to end at 47,706.51, according to FactSet data.

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Global Stocks Rally While Oil Prices Slide

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Rise in US energy prices over Iran temporary, White House says

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Oil dives, settles down 11% after Trump predicts Middle East de-escalation

By Laila Kearney, Scott DiSavino and Stephanie Kelly NEW YORK/LONDON, March 10 (Reuters) - Oil prices plunged by more than 11% on Tuesday, the steepest percentage drop of any session since 2022, a day after U.

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Oil supertanker rates hit all-time high as insurers drop war risk protection in the Middle East

The cost of hauling crude oil from the Middle East to China rose more than 94% to hit a record high of $423,736 per day on Monday.

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Japan to release strategic oil reserves from Monday as middle east war fuels supply fears

Japan to release oil reserves for the first time since 2022 as the Strait of Hormuz disruption pushes the International Energy Agency and Group of Seven toward coordinated action.

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Fact Check: Satellite Image Shows Kuwait Oil Well Fires In 1991 NOT A Recent Picture Of Middle East

Does a satellite image show fires currently burning in the Middle East? No, that's not true: This satellite image dates back to April 1991. It does not show anything currently burning in the Middle

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Middle East conflict poses fresh test to central banks as oil shock fuels inflation

Middle East conflict has posed a fresh test to central banks, with fears of an oil shock and renewed inflation risks changing their bid to shore up growth.

Why US Is Praising ‘Great Partner’ India For Buying Russian Oil During Middle East Turmoil

US envoy Sergio Gor praised India as a “great partner”, saying its continued purchase of Russian oil helps stabilise global energy prices and supports market stability during the ongoing Middle East crisis.

With oil once again a weapon in the Middle East, is clean energy the key to peace?

By closing the Strait of Hormuz and attacking oil and gas facilities in Gulf countries, Tehran is driving up hydrocarbon prices. But renewable energy – largely dominated by China – is not immune to

Marketplace

Is the U.S. headed for a repeat of the 1973 oil crisis?

It’s still early in the current war in the Middle East, but the impact on oil markets may feel like déjà vu for those who remember the oil embargo of the 1970s.