Oil prices plunge
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Oil, Iran War
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Even if oil prices ease, they won't return to the levels they were at before the war started, according to Patrick De Haan of GasBuddy.
Follow live NBC News coverage and latest updates as Trump says oil price rises are a small price to pay, Iran names Mojtaba Khamenei supreme leader, and Israel strikes Tehran and Lebanon.
Reports indicate President Donald Trump administration is considering direct attack on Iran's Kharg Island, which handles 90% of Iranian oil exports near Strait of Hormuz.
Investors now expect that the Fed will delay a rate cut until September instead of July, as they had before the war in Iran began.
By Marianna Parraga and Deisy Buitrago HOUSTON/CARACAS, March 10 (Reuters) - International oil majors Chevron and Shell are closing in on the first big oil production deals with Venezuela since the U.
The Iran war may impact U.S. consumers far beyond the gas pump, raising inflation expectations and causing an uptick in the yield on the 10-year Treasury note.
The U.S. economy could fall into a recession if the price of oil reaches $130 a barrel and stays there, economists at Wells Fargo Securities said Tuesday. The price of oil has whi
Wall Street is adjusting to a historic spike and fall in oil prices after the global economy was thrown into disarray.