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Consumers are responding to one of the largest disruptions in global oil markets by embracing low-carbon technologies that promise to lower gas and power bills.

Doubt is taking over again on Wall Street from hope about a possible end to the war with Iran, and stocks are back to sinking as oil prices rise.

USPS will impose a surcharge to offset rising fuel costs, sources said, a sign that the beleaguered mail carrier is feeling the strain of higher oil prices.

Wall Street is cutting its forecasts for the U.S. economy this year, boosting its projections for inflation and unemployment.

Dozens of refineries, oil fields, gas plants, ports and other energy infrastructure have been damaged by missile and drone strikes.

Import prices increased 1.3% from the prior month, Labor Department data showed March 25, boosted in part by higher prices for petroleum and natural gas.

California is highly exposed to the disruption rippling across commodity markets because it imports about 20% of its refined fuels from Asia.

Hope for a possible end to the war with Iran is pushing stocks higher again on Wall Street  while oil prices ease.

The average cost for a gallon of diesel in California rose to the highest level ever as the war in Iran disrupts global energy shipments. 

Iran said foreign ships are allowed to cross the Strait of Hormuz as long as they aren’t supporting acts of aggression against the country and follow certain rules.