S&P 500 futures were near the flat line Monday night after the major averages bounced in light of cooling oil prices. S&P 500 ...

Treasury Secretary Scott Bessent said the Trump administration has not intervened in the oil futures markets and has no plans ...

The U.S. strikes on Kharg Island and Trump's threat to hit Iran's oil infrastructure mark a major escalation in the war, ...

The oil market is worried that Gulf countries will have to shut production if tankers are unable to pass through the Strait ...

Iran's critical oil export hub Kharg Island is now in U.S. President Donald Trump's sights, with Trump threatening strikes on the island's oil infrastructure.

Shortly after the surge, U.S. President Donald Trump said on Truth Social that "short term oil prices" are "a very small ...

International benchmark Brent crude futures lost 2.84% to end at $100.21 per barrel, while U.S. West Texas Intermediate futures dropped 5.28% to $93.50 on Monday.

Bessent addressed rumors that the Treasury Department or some other arm of government might step in to try to lower oil prices.

CNBC’s Contessa Brewer reports on the news affecting markets.

Energy analysts warned that oil prices could continue to rise in response to the war in the Middle East.

Shortly after the surge, U.S. President Donald Trump said on Truth Social that "short term oil prices" are "a very small price to pay".

Gulf Arab oil producers are cutting production as they run out of storage space because they can't export through the Strait ...