(Bloomberg) -- Oil and natural gas surged as the US moved to blockade the Strait of Hormuz after weekend talks between Washington and Tehran failed to reach a deal, escalating a global energy crisis that’s shaken markets.Brent rallied as much as 9.1% to n

(Bloomberg) -- The failure of peace talks between the US and Iran is further shifting the bond market’s focus to inflation and reinforcing expectations that interest rates will stay higher for longer.Risk that higher energy costs will add to already eleva

(Bloomberg) -- Oil and natural gas surged as the US moved to blockade the Strait of Hormuz after weekend talks between Washington and Tehran failed to reach a deal, escalating a global energy crisis that’s rocked markets.Global benchmark Brent rallied as

The price of oil surged Sunday night after President Donald Trump said the U.S. would blockade the Strait of Hormuz after peace talks with Iran failed.U.S.

Oil prices topped $100 a barrel again on Sunday after President Donald Trump said the US would blockade “any and all Ships trying to enter, or leave, the Strait of Hormuz,” threatening to further disrupt oil flows.

Oil prices rose in early market trading on Sunday after the U.S. said it would blockade Iranian ports beginning Monday. The price of U.S. crude oil rose 8% to $104.24 a barrel and Brent crude oil, the international standard, rose 7% to $102.29. Brent cr

Gulf economies face recession risks, humanitarian crises, and long-term environmental damage as the war impacts growth, supply chains, and regional stability.

The use of weight-loss drugs is growing like crazy and changing the entire consumer economy along with it.

(Bloomberg) -- An increasingly fragile ceasefire between the US and Iran is returning the bond market’s focus to inflation and reinforcing expectations that interest rates will stay higher for longer.Risk that higher energy costs will add to already eleva

(Bloomberg) -- Latin American assets have emerged as a haven for emerging-market investors trying to navigate an increasingly volatile global backdrop, buoyed by a roster of oil exporters and greater insulation from tensions in the Middle East. Currencies

The Iran war has led to much higher oil and gas prices.

Many life milestones feel out of reach for the middle class, a big indicator that things are shifting. Here's what it could mean for your financial future, and what you can do to prepare.

(Bloomberg) -- Two empty crude tankers attempted to make their way through the Strait of Hormuz and into the Persian Gulf on Sunday, only to make last-minute U-turns just as peace negotiations between the US and Iran broke down, threatening a fragile ceas

Reopening the Strait of Hormuz is proving to be difficult. But even if the vital waterway fully opens and oil and other necessary cargo sail out, it won’t be enough to return things to normal.

(Bloomberg) -- While investors focused on the fragile Iranian ceasefire last week, a desperate scramble for cargoes has been playing out in the oil market, as traders and refiners scour the globe for immediately available supplies. In the North Sea, the w