History shows us that oil price spikes caused by geopolitical events tend to be relatively short-lived.

As of Sunday night, U.S. stock index futures are down across the board, while crude oil and gold futures are up.

Futures tumbled as oil prices soared amid tanker attacks and port disruptions amid the Iran war. Nvidia, Oracle news lifted AI stocks.

Dow Jones futures loom, awaiting oil prices next move, with Gulf nations cutting crude production. Iran reportedly has picked a new Supreme Leader..

Oil futures surged Monday after the United States and Israel launched strikes against Iran over the weekend.

By Jarrett Renshaw March 5 (Reuters) - The U.S. Treasury Department is expected to announce measures as soon as Thursday aimed at combating rising energy prices in the wake of the Iran conflict, ...