Conflict in the Middle East often stokes fears of an energy crisis. The Arab-Israeli War of 1973 led to an oil embargo that caused calamitous shortages of gasoline in the United States.

The agency cut its 2026 Brent price estimate to $58 a barrel from $59 previously. The EIA sees West Texas Intermediate crude, the U.S. benchmark, averaging $65 a barrel this year and $55 in 2026, ...

Oil futures surged to a five-month high Monday morning after the U.S. struck Iranian nuclear facilities over the weekend but ...

Middle East conflict highlights how vastly the global energy supply has changed in recent years By MATT OTT , AP Business Writer June 25, 2025 FILE - Pumpjacks are seen before sunrise in Hobbs, N ...

Iran conflict might weaken eurozone economic growth and thus have a damping effect on inflation, the European Central Bank’s vice president said.

A widening conflict in the Middle East would only drive prices higher as those companies jostle to get goods from overseas as geopolitical tensions in the region rise.

For now, the Middle East situation doesn't feel different when it comes to our long view on staying invested, he said. But short of a major conflict, his advice doesn’t change.

WASHINGTON (AP) — Iran launched missiles at a U.S. military base in Qatar on Monday, threatening to stoke a wider conflict in the Middle East, a region that supplies the world with about a third ...

J.M. Smucker, largely due to the impact of tariffs on coffee from Brazil and Vietnam, said it’s also raised prices and will do so again. Combined with the higher shipping and production costs that ...

Middle East conflict highlights how vastly the global energy supply has changed in recent years. Iran launched missiles at a U.S. military base in Qatar on Monday, threatening to stoke a wider ...

If prices go up, Fed officials may be inclined to raise its benchmark rate, raising borrowing costs for businesses and consumers. That could lead to businesses to cut jobs, particularly in the ...