Oil prices have defied predictions of even bigger increases than we've seen — but the markets' shock absorbers could easily wear out later this summer unless the Strait of Hormuz opens soon, analysts warn.

America is the world's leading oil producer. We don't import much oil from the Middle East. Why, then, are gas prices so high?

When asked about today’s inflation reading, President Donald Trump made comments about loving price increases, and then said oil prices are staying in check because crude is coming out of the Mideast despite the conflict with Iran.

Nobody wants to deal with the unexpected expenses or any of the other problems that come up from car troubles. That is why taking proper care of your vehicle is important to save yourself time, money, and trouble. Ron Ananian, host of ‘The Car Doctor ...

Fri, April 3, 2026 at 5:39 PM UTC A surge in oil prices this week brought the crucial commodity close to the level that could trigger a recession. Oil prices rose after President Donald Trump's Wednesday night speech on the Iran war that gave no new ...