Oil jumps 4% as US-Iran skirmishes escalate. Mohamed El-Erian warns of 'significant intensification' that could push crude to the mid-$80s.

Oil prices climbed Monday as Iran expanded strikes on Gulf states. U.S. West Texas Intermediate crude rose and Brent crude futures climbed. Tehran extended strikes on Qatar and…

Oil prices soared sharply on Monday as the Middle East was once again embroiled in chaos. Crude prices jumped 4% as fresh military action between Iran and the United States…

Crude oil futures surge over 4% amid escalating US-Iran conflict and threats to the vital Strait of Hormuz.