Last updated: 2026-02-23 23:06:54 ET
Brent crude futures, the global oil benchmark, on Thursday rose above $71 a barrel for the first time since late July, amid fears supplies could be co...
Oil traders are worried that war between the U.S. and Iran could lead to a major disruption of crude supplies in the Middle East.
Traders are assessing the possibility that the U.S. would attack Iran, and are considering the disruption that could cause to markets.
The Energy Select Sector SPDR Fund (NYSEARCA:XLE) has surged 21.6% year to date as markets pivot from energy transition rhetoric toward energy securit...
The US president wants American energy firms to start extracting the crude but they are reluctant.
