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Middle East, Ukraine just dealt another blow to your wallet

Middle East, Ukraine just dealt another blow to your wallet

Renewed tensions just sent the price of diesel to a new U.S. national record, straining already stapped Americans.

Oil prices per barrel surge today. What it means for gas prices

Oil prices per barrel surge today. What it means for gas prices

The latest increase comes amid disruptions to major oil routes and heightened uncertainty surrounding the Strait of Hormuz.

HSBC raises its oil forecast as the Hormuz backup plan burns

HSBC raises its oil forecast as the Hormuz backup plan burns

The bank's new Brent call rests on one assumption, and recent satellite images put it in doubt.

Oil prices continue surge, rising 3% amid Saudi pipeline outage after attack

Oil prices continue surge, rising 3% amid Saudi pipeline outage after attack

By Shadia Nasralla LONDON, Sept 14 (Reuters) - Oil prices continued their surge, rising more than 3% on Monday, after new strikes on Saudi Arabian energy infrastructure and attacks on ships in the Middle East compounded supply concerns.

US futures slide on AI blowback; oil and gas jump after Houthis intensify campaign

US futures slide on AI blowback; oil and gas jump after Houthis intensify campaign

U.S. futures are falling as calls grow for a slowdown in AI development and oil prices climb amid ongoing clashes in the Middle East

Dollar rallies as oil prices jump and AI fears knock markets

Dollar rallies as oil prices jump and AI fears knock markets

By Harry Robertson and Ankur Banerjee LONDON/SINGAPORE, Sept 14 (Reuters) - The U.S. dollar rose to a two-week high on Monday as conflict in the Middle East pushed up oil prices and sent investors towards the safe-haven currency, weighing particularly on the recently buoyant yen.

Gulf states call off meeting with Iran, Houthis launch new attack on Saudi

Gulf states call off meeting with Iran, Houthis launch new attack on Saudi

By Jana Choukeir and Eman Abouhassira TAIZ, Yemen/DUBAI, Sept 14 (Reuters) - Arab states in the Gulf called off a meeting with Iran planned for Monday, while Yemen's Houthis launched a new attack on Saudi Arabia after fighting that has extended the Middle East war to another theatre and further

Oil prices jump more than 2% after new strikes on Saudi, Strait of Hormuz

Oil prices jump more than 2% after new strikes on Saudi, Strait of Hormuz

By Colleen Howe BEIJING, Sept 14 (Reuters) - Oil prices jumped more than 2% on Monday, after new Houthi strikes on Saudi Arabia and Iranian attacks on ships in the Gulf compounded supply concerns following the closure of a key Saudi oil pipeline.

Oil falls but head for 8% weekly gain on tight supply; US diesel hits record

Oil falls but head for 8% weekly gain on tight supply; US diesel hits record

HOUSTON, Sept 11 (Reuters) - Oil prices fell on Friday but remained on course for a weekly gain of more than 8%, while U.S. diesel prices hit a record high as attacks along Middle East shipping routes stoked concerns about prolonged supply disruptions.

Iran, Houthis block 2 key global shipping routes, straining the global economy

Iran, Houthis block 2 key global shipping routes, straining the global economy

Iran and Houthi rebels have effectively closed two key maritime chokepoints, threatening global oil prices and trade routes. Here's what it means.

Oil falls but on track for sharp weekly gain on supply concerns; US diesel hits record high

Oil falls but on track for sharp weekly gain on supply concerns; US diesel hits record high

HOUSTON, Sept 11 (Reuters) - Oil prices fell on Friday but remained on course for a weekly gain of more than 9%, while U.S. diesel prices hit a record high as attacks along Middle East shipping routes stoked concerns about prolonged supply disruptions.

Oil falls but on track for 8% weekly gain on supply concerns; US diesel hits record high

Oil falls but on track for 8% weekly gain on supply concerns; US diesel hits record high

By Anushree Mukherjee Sept 11 (Reuters) - Oil prices fell on Friday but remained on course for a weekly gain of more than 8% while U.S. diesel prices hit a record high as attacks along Middle East shipping routes stoked concerns about prolonged supply disruptions.