Stocks fell and global oil prices settled at $100 per barrel for the first time since 2022 as the effective closure of the Strait of Hormuz continued to roil markets.

Mortgage rates climbed this week as investors fret the economic impact of President Donald Trump’s war on Iran, undoing some of the welcomed progress in housing affordability.

Stocks have climbed, bond yields have fallen and the US dollar has weakened across President Donald Trump’s second term so far — market movements the president has welcomed.

CNN has reported Russia is helping Tehran target drones that threaten US forces fighting the war in Iran.

Brent crude oil hovered around $100 a barrel Thursday, after Iran’s new leader said the Strait of Hormuz would remain shut and as further attacks on ships in the Gulf spooked energy traders.

Investors have long viewed the closure of the Strait of Hormuz as a “tail risk” event — the kind of thing that was highly unlikely to happen but would be so catastrophic that you can’t afford to be ...

Ever since the US and Israel struck Iran, the jump in oil and gas prices has become a major focus for markets and consumers alike. But that’s only the top of a long list of goods that stand to get ...

As the US and Israel prepared for war and later launched strikes against Iran, traders on online prediction markets wagered over $1 billion on every aspect of the conflict.

Since the Iran war began, Gulf states have faced a barrage of Iranian missiles and drones, leaving their leaders with an unenviable choice: anger their closest ally and security guarantor, or risk the ...

Dozens of countries have done the unprecedented, releasing an historic amount of crude from emergency reserves to prevent high oil prices from crippling the economy. If that doesn’t work, there’s only ...

US stocks recovered losses Monday and oil prices plummeted after settling at their highest level since 2022, as the war with Iran continued to roil markets.

Member countries of the International Energy Agency unanimously agreed Wednesday to release 400 million barrels of oil into the global market – the largest release of emergency oil stocks in history – ...