Iran is weighing how to respond to the U.S. military's unprecedented attack on its nuclear infrastructure over the weekend.

In early trade, Brent crude was down 3.6% to $68 a barrel, while West Texas Intermediate fell 3.6% to $66.01 a barrel.

Global crude prices jumped on Sunday but have since retreated. Here's what experts say about the outlook for oil and gas.

The U.S. launched military attacks on Iranian nuclear sites. Iran now says they plan to close Hormuz Strait. How will ...

Oil prices eased off a 5-month high as expectations Iran won't close the Strait of Hormuz for now. But this may still change, ...

Gas prices may rise by about 8 cents a gallon this week, one commentator predicts, while higher diesel prices would mean even ...

The oil market is now factoring in a one in five chance of a material disruption in Gulf energy production flows, analysts at ...

Energy & Environment Energy & Environment   The Big Story Iran strikes could bring modest increase at the pumpAmericans could ...

When Iran targeted ships in the Strait of Hormuz in the 1980s, the U.S. Navy escorted ships through the strait. This June, even without a formal closure, some oil tankers and supertankers — which can ...

Major global conflicts, particularly those involving energy producers, are deeply rooted in the uneven distribution and ...

Americans could see modest increases in the prices they pay at the pump in the wake of increasing conflict with Iran, analysts say. Andrew Lipow, president of consulting firm Lipow Oil Associates, ...

Roughly 20% of the world's petroleum passes through the 20-mile-wide strait, where dozens of skyscraper-size tankers each day funnel into a pair of 2-mile-wide traffic lanes separated by a 2-mile-wide ...