Oil shock from Iran war raises inflation concerns, but Goldman Sachs sees minimal impact on global supply chains outside energy sector.

U.S. gas prices are surging as the Iran war drives up the global cost of oil. But what exactly accounts for what you pay at the pump?

Oil prices held above $100 per barrel on Monday as the Strait of Hormuz remains essentially closed off to through traffic.

In the short term, rising oil prices have pushed bond yields and the dollar higher, which has created pressure on gold.

Predicting the S&P 500’s direction based on oil moves is an empty bet.

As the broader war in the Middle East begins its third week, worries over the fallout of crippled energy supplies continue to roil markets.

Exports of oil from Kharg Island, the energy-infrastructure hub that was bombarded by the U.S., resumed Sunday after a two-day interruption, data from vessel-tracking firm Kpler shows. Some 3.8 million barrels of oil had been shipped from the island on Sunday and Monday,

The port of Fujairah plays a crucial role in helping keep global supplies moving when the Strait of Hormuz is blocked.