When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Stock markets plunged and oil prices surpassed $100 per barrel today amid the US war in Iran. How high will crude oil get? See the latest predictions.

Gulf Arab oil producers are cutting production as they run out of storage space because they can't export through the Strait ...

Oil prices rose to their highest level in nearly four years on Sunday night and were trading around $100 a barrel on Monday ...

Follow live NBC News coverage and latest updates as Trump says oil price rises are a small price to pay, Iran names Mojtaba ...

Member countries of the International Energy Agency unanimously agreed Wednesday to release 400 million barrels of oil into the global market – the largest release of emergency oil stocks in history – ...

The current scenario with Iran is more similar to a shorter recovery path, though prices are unlikely to revert to pre-war levels even in the best-case scenario.

The price of a gallon of gasoline hits its highest level in a year and a half on Friday. Surging oil prices suggest that the ...

Rising gas prices following the U.S. launch of airstrikes against Iran may be a shock to the consumer, but the global jump in ...

President Donald Trump has a sales pitch for Americans worried about high oil and gas prices: Rising fuel prices are a temporary but necessary sacrifice, and they will fall quickly back to earth once ...

The Strait of Hormuz is effectively closed, placing 21% of global oil trade at risk and triggering triple-digit oil prices. Read the full analysis here.