Despite widening geopolitical conflict, U.S. stocks have moved relentlessly higher to log multiple records this year.

International benchmark Brent crude fell by 2% to $79.16 per barrel at 10.39 am local time (0739 GMT), down from Monday’s close of $80.80. Meanwhile, US benchmark West Texas Intermediate (WTI) declined by 2.18% to $75.14 per barrel, compared to its prior session close of $76.82.

Iranian Oil Minister Mohsen Paknejad visited an oil facility on Kharg Island on Sunday amid growing concerns over potential Israeli air strikes targeting such vital sites. The visit comes after an Israeli official said the country was "preparing a response" after Iran launched a barrage of missiles this week at Israel,

India's Oil Minister Hardeep Singh Puri assures sufficient oil availability despite Middle East tensions, emphasizing India's ability to navigate supply shocks.

Global stocks fell on Thursday, weighed down by tepid trading in equity markets across the U.S. and other major regions, even as oil prices extended gains amid rising geopolitical tension from the Middle East conflict.

Following increased tension in the Middle East, marked by Iran's attack on Israel, the Pentagon has directed the nuclear-powered USS Abraham Lincoln t

UNC-Chapel Hill Political Science Professor Navin Bapat breaks down the latest developments.

Crude oil prices have risen as Iran and Israel trade attacks, but not as much as you might expect. One reason? OPEC+ could pump a lot more oil if it wanted to.