Crude prices have soared more than 30 percent over the past week as the U.S. and Iran exchanged strikes around the Strait of Hormuz.

Amid the escalating U.S.-Iran conflict, crude oil prices in the U.S. have surged past one hundred dollars, leading to marked increases in global oil benchmarks that ripple through…

Crude prices have soared more than 30 percent over the past week as the U.S. and Iran exchanged strikes around the Strait of Hormuz.