Middle East attacks disrupt energy supply, driving oil prices above $110 and raising fears of global inflation and fuel hikes.

Rolling coverage of the latest economic and financial news

Investors were hoping Trump would use his speech to lay out a plan to end the conflict in the Middle East. That didn’t happen.

Brent crude futures, the global pricing benchmark, topped $111 a barrel after Iranian strikes caused extensive damage to a major Qatar fuel hub. Earlier, Israel struck on a large Iranian gas field shared with Qatar, causing Iran to threaten to retaliate to ...

By Nicole Jao and Noel John NEW YORK, March 30 (Reuters) - U.S. average gasoline prices rose above $4 a gallon on Monday for the first time in more than three years, capping the sharpest monthly rise in decades,

Stocks recovered most of their earlier losses as volatility returned to Wall Street after two days of solid gains. The S&P 500 fell 0.1%, the Dow fell 87 points and the Nasdaq fell 0.1%. Oil

Oil prices are climbing higher in after-hours trading, with Brent crude futures topping $111 a barrel, after new attacks on critical energy infrastructure in the Middle East. Futures rose during regular trading hours after Israel struck the South Pars gas ...

(Corrects hyperlink in paragraph 4 to fix hidden text) By Arathy Somasekhar HOUSTON, April 2 (Reuters) - U.S. oil prices settled more than 11% higher and Brent soared nearly 8% on Thursday in volatile trading,

Oil prices have surged over 56% in just one month, the fastest jump in years. Brent crude hit $109 per barrel, its highest since 2022, as U.S.-Iran tensions escalate. President Trumps threats against Iranian oil infrastructure and Kharg Island intensified market fears.

The spike also occurred after Iran’s new supreme leader insisted the Strait of Hormuz would remain closed.

More pain ahead.