Israel’s unprecedented attack on Iran raises the specter of sharply higher gasoline prices, just as the summer driving season ...

WTI crude oil (CLN25) closed up +4.94 (+7.26%), and July RBOB gasoline (RBN25) closed up +0.0847 (+3.95%). Crude oil prices ...

Fears that Israel may destroy Iranian oil facilities to deprive it of its main source of revenue have driven oil prices ...

Though OPEC may say its job is to keep prices stable, in fact the market swings up and down. When prices are up, Saudi Arabia ...

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The oil purchasing market keeps a special eye on the Strait of Hormuz as around a fifth of the world's total oil consumption ...

Saudi Arabia is expected to be Pakistan’s largest source of external financing in the upcoming fiscal year with over $6 billion in support as the South Asian country seeks to raise more than $20 ...

Of course, the most sensitive point Tehran could target is the Strait of Hormuz, a narrow shipping lane between Iran and Oman ...

Israel launched widescale strikes against Iran on Friday, saying it targeted nuclear facilities, ballistic missile factories ...