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 ...

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

Middle East conflict highlights how vastly the global energy supply has changed in recent years. MATT OTT . Wed, Jun 25, 2025, 10:40 AM 5 min read. In This Article: CL=F . NG=F . META . MSFT .

Israel’s attack on Iran has catapulted their long-running conflict into what could become a wider, more dangerous regional war and potentially drive prices higher for both businesses and households.

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.

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 ...

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 ...

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 ...