Tag Archives: oil prices

Global energy markets were jolted Thursday as oil and gas prices surged following a wave of Iranian strikes on critical infrastructure across the Persian Gulf, raising fears of prolonged disruptions to global supply. Brent crude, the international oil benchmark, climbed above $115 per barrel, while European natural gas futures also …

Donald Trump said Monday that the U.S. war with Iran could be a “short-term excursion,” signaling the 10-day conflict may be nearing an end even as he warned that the United States would escalate attacks if Iran disrupts shipping through the Strait of Hormuz. Speaking to Republican lawmakers and donors …

U.S. stocks opened lower Monday as oil prices surged amid signs that U.S.-Israeli military strikes against Iran were expanding across the Middle East, intensifying fears of potential disruptions to global petroleum supplies. The S&P 500 fell 53 points, or 0.8%, in early trading, while the Dow Jones Industrial Average dropped …

California Gov. Gavin Newsom called Friday for a windfall profits tax on oil companies that would go directly back to California residents. While crude oil prices are down nationally, big oil companies have increased gas prices in California by a record 84 cents per gallon in just the last 10 …