Oil surges amid US-Iran escalation. Justin Wolfers explains the "hidden pattern" of why gas prices jump instantly but fall in slow motion.

Oil prices extended a surge on Wednesday as the Middle East crisis burst back into the spotlight with US forces launching fresh strikes on Iran after an attack on three vessels in…

Oil prices extended a surge on Wednesday as the Middle East crisis burst back into the spotlight with US forces launching fresh strikes on Iran after an attack on three vessels in…

Brent crude rises above $76 a barrel for the first time in two weeks amid renewed violence in Strait of Hormuz.

Oil prices jumped more than three percent on Wednesday as the Middle East crisis burst back into the spotlight with US and Iranian forces exchanging strikes after attacks on ships…

Oil prices surge after fresh US-Iran tensions, military strikes and Strait of Hormuz risks raise fears of supply disruptions, pushing crude prices higher.

Oil surges amid US-Iran escalation. Justin Wolfers explains the "hidden pattern" of why gas prices jump instantly but fall in slow motion.