Refining capacity is strained, and fuel markets don’t have much of a buffer. | World News

By Claudia Assis and Myra P. Saefong

Refining capacity is strained, and fuel markets don’t have much of a buffer. | World News

There is a rapidly escalating supply crunch that has yet to show up on oil markets. While the price of crude has risen in the past week as the fragile Iran war ceasefire has…

US gas prices are rising again as the Iran conflict disrupts oil supplies. Here's why fuel prices, inflation and the Strait of Hormuz matter.

Gas prices hit a $4 national average as the U.S.-Iran conflict escalates, defying Trump's demands for retailers to lower fuel costs.