Oil prices have surged about 15% this week as the U.S.-Iran war engulfs the Middle East.

Oil prices have soared more than14% this week as tanker traffic through the Strait of Hormuz has ground to a halt. European natural gas has soared more 70%.

Gas and home heating oil prices are on the rise as energy infrastructure falls victim to the escalating Iran war.

LONDON: Oil prices rose 3 percent on Wednesday as the US-Israeli war on Iran disrupted Middle East supplies, but the pace of gains slowed from past sessions after President…

The oil market has calmed after President Donald Trump said the U.S. would insure tankers and provide naval escorts if necessary.

Oil prices have surged about 15% this week as the U.S.-Iran war engulfs the Middle East.

U.S. crude oil hit as much as $80 per barrel Thursday, as the escalating Iran war enters its seventh day and continues disrupting global fuel supplies.

The price of a gallon of Brent oil has jumped by nearly 30% in a week as prospects of a longer war set in.