Trump urged stepped-up production as the White House sharpened its warnings to Iran against closing the Strait of Hormuz, a ...

An increase in gas prices is one potential economic impact of the U.S. bombing nuclear sites in Iran June 21.

American military and diplomatic outposts across the globe are on high alert after a U.S. bombing raid on Saturday struck ...

A narrow passage of water called the Strait of Hormuz is the primary route for Middle Eastern countries shipping oil and petroleum products from the Persian Gulf to the rest of the world. Iran has ...

In a sense, then, this felt like a repeat of 2020, when Iran fired missiles at an American base after Mr Trump ordered the ...

If oil prices are any measure, Iran just flinched. The price of oil tumbled Monday on a bet that Iran's decision to bomb U.S.

CoreWeave shares fall sharply Monday. The decline comes amid broad market weakness, driven by escalating tensions in the ...

The all-caps post came hours after weekend bombings in Iran rattled oil markets and reignited fears of rising fuel costs.

No casualties are reported after Qatar "thwarted" the attack on the US-run Al Udeid base, two days after US strikes on Iran's ...

With the Middle East risking a broader conflict, overseas markets are mixed. Follow the day's events and insights from our business reporters on the ABC News live markets blog.

The U.S. strikes against Iran over the weekend raised concerns that Iran could retaliate by trying to close the Strait of ...