Home heating costs surged more than 20 percent in several states since the Iran war began.
Traders now have to worry about events over the weekend that could further increase prices while the market is closed.
U.S. gas prices are surging as the Iran war drives up the global cost of oil. But what exactly accounts for what you pay at the pump?
Governments have stockpiled oil, and cars are more efficient but the supply shock is global, and there’s no sense of when it’ll end.
The latest release of oil follows historic withdrawals from the Biden administration to combat gas prices from the Ukraine war.
The conflict in the Middle East is causing the “largest supply disruption in the history of the global oil market,” the International Energy Agency says ...
Canada will supply 23.6 million barrels of oil and ramp up natural gas exports in the coming months as part of an international effort to help stabilize energy markets being upended by the Iran war, ...