The tentative U.S.-Iran peace deal is expected to bring some relief for Americans’ at the pump, but even if it holds, prewar gasoline prices could be elusive. The agreement is expected to increase traffic through the Strait of Hormuz, a key oil shipping lane off Iran’s coast that has been choked off during the conflict. Before the…

Wet weather and a power outage at Cenovus oilsands operations have helped push American oil reserves to their lowest level since 2020.

Wet weather and a power outage at Cenovus oilsands operations have helped push American oil reserves to their lowest level since 2020.

The Middle East conflict has caused global stockpiles of oil to plummet to their lowest level since 2003 while petroleum prices have spiked, according to a new energy data report.

The Middle East conflict has caused global stockpiles of oil to plummet to their lowest level since 2003 while petroleum prices have spiked, according to a new energy data report.

The price of crude oil rose after both the United States and Iran said they launched retaliations for earlier attacks or attempted ones.

The price of crude oil rose after both the United States and Iran said they launched retaliations for earlier attacks or attempted ones.