Israel-Iran conflict impacts oil prices Investors are finding the current market environment challenging due to mixed economic signals, ongoing tariff issues, and the conflict in the Middle East.

The Ministry of Investment, Trade and Industry (MITI) said the recent Iran-Israel armed conflict led to a surge in global oil prices, which in turn increased the cost of raw materials and logistics.

The conflict between Israel and Iran has put global prices on a roller coaster, but also underscored the importance of the U.S.’s evolution into a global energy powerhouse with safe and secure ...

Meanwhile, Citi analysts said oil prices likely will come under pressure in H2, as the fundamental bearish backdrop for oil could return to focus as OPEC+ sets up to meet in early July to decide ...

Shell’s chief said it took a “prudent” approach to trading wild oil price swings triggered by geopolitical upheaval including the war between Israel and Iran, in contrast to rivals that capitalised on ...

U.S. stocks climbed near their all-time high after oil prices eased further on hopes that Israel’s war with Iran will not damage the global flow of crude The S&P 500 rallied 1.1% Tuesday and got ...

Oil prices are dropping further, and U.S. stocks are pulling closer to their all-time high on hopes that Israel’s war with Iran will not damage the global flow of crude ...

Oil prices dropped Monday after Tehran signaled it is seeking to cool hostilities with Israel and resume negotiations over its nuclear programs. Benchmark U.S. crude futures recently fell by more ...

Oil prices fell on Monday, and U.S. benchmark WTI crude was down to about $69 per barrel Monday afternoon after jumping as high as $75 per barrel late last week in anticipation of U.S. strikes on ...

Oil futures extend yesterday's losses as the Israel-Iran cease-fire takes another chunk of risk premium out of the market and fundamentals come back into focus. "We don't see any permanent change ...

The oil market is a global one, meaning that events around the world can impact what prices U.S. consumers pay at the pump. Iran itself is a significant producer of oil, though it cannot sell to ...

Gasoline prices were higher on Monday, averaging $3.22 per gallon, up from $3.14 a week ago. Austin Lin, principal analyst for refining and oil products at Wood Mackenzie, told The Hill he ...