After holding back supply for almost three years to push prices higher, the output curbs are no longer having as much impact, say analysts.

Israel’s stunning attacks on Iran’s nuclear program and military leadership are embroiling the Middle East in another deadly war — and could imperil President Donald Trump’s pledge to slash oil prices for American consumers.

The escalating tensions between Israel and Iran are injecting significant uncertainty into the oil market, independent of OPEC's decisions. The Strait of Hormuz, a crucial energy transportation choke point,

The head of Iran's Islamic Revolutionary Guard Corps Gen. Hossein Salami was killed in Israeli strikes on Iran, Iranian state TV reports. Islamic Revolutionary Guard Corps Commander-in-Chief Major General Hossein Salami in Tehran,