Energy

The war began in late February when the U.S. and Israel launched strikes on Iran, causing economic turmoil and massive global energy disruptions.

Crude prices fell Wednesday as President Donald Trump signaled a willingness to exit the Iran war even as the Strait of Hormuz remains largely closed.

The organization’s Executive Director Fatih Birol also warned that the Iran war had created the worst oil crisis in history.

Reports indicate that the U.S. and Iran are open to ending the war.

Families are feeling the financial impact from the U.S. war with Iran as gasoline prices surge.

Seoul imports 94% of its energy needs, and almost 72% of its crude oil comes from the Middle East.

Airfare has climbed for routes around the world, driven by higher fuel prices since the U.S. and Israel attacked Iran.

Oil prices climbed on Monday after Yemen's Houthis said they had fired missiles at Israel, opening a new front in the U.S.- and Israeli-led conflict with Iran.

Recessions are about shocks, and energy is a prime culprit, Tyler Goodspeed says

Energy markets are starting to reflect the growing risk of physical supply disruptions.