President Trump is betting on his “fire and fury” rhetoric to reopen the Strait of Hormuz and avoid an oil crisis prompted by his war with Iran. But the strategy, which includes the possibility of ...

Senate Democratic leader Chuck Schumer (D-N.Y.) and CNBC's Jim Cramer led a wave of alarm Sunday after oil prices surged and President Donald Trump said higher energy costs were "a very small price to ...

I still believe that it was unwise to launch this war. President Donald Trump should have instead responded to Iran’s massacre of its own people and — associated breach of his red-line — by using ...

The US military said it destroyed Iranian naval ships — including 16 minelayers — near the Strait of Hormuz. CNN reported earlier that Tehran has begun laying mines in the key waterway. Follow for ...

Iran launched new attacks Tuesday at Gulf Arab countries as it keeps up pressure on the region, while five pro-Iranian militants were killed by an airstrike in northern Iraq.

Drivers in Indianapolis are paying noticeably more at the pump than just a month ago, and a petroleum analyst says the conflict in the Middle East is the primary reason.