Even with oil prices climbing, people in West Texas say it doesn’t feel like the start of another boom, at least not yet.

Benchmark Brent oil ​prices jumped above $119 a barrel on Thursday, March 19 after Iran attacked energy facilities across ‌the Middle East.

Popular Florida family theme park closes down for new development The Strait of Hormuz crisis has driven oil prices to four-year highs, disrupting global energy supplies. Rising fuel and fertilizer costs are pushing gas and grocery prices significantly higher for consumers.

In a twist of wartime irony, the United States has moved to ease sanctions on Iranian oil to cool surging energy prices, a potential boon for Tehran.

Another climb for oil prices shook stock markets, as hopes collapsed for a possible cut to interest rates this year by the Federal Reserve

Energy experts forecast more pain for consumers and businesses as the war in the Middle East shows no signs of easing.

With gas closing in on $4 a gallon, the Trump administration is pulling multiple levers to tame energy prices. The results have been mixed.

Oil prices are rallying again as the market fears Israel and Iran will escalate attacks on Middle East energy infrastructure.

Oil prices (CL=F, BZ=F) swing upward on Friday as Iran continues to target oil production sites in the Persian Gulf. Yahoo Finance Breaking News Reporter Jake Conley sits down with Yahoo Finance Head of News Myles Udland to cover the latest developments in the Middle East conflict,

In March 2026, home heating oil prices in New York surged by an average of 39% year-over-year, driven by global fuel spikes.

Every 1-cent increase in gasoline prices reduces consumer spending by $1.5 billion annually, one economist says.