Iran War Updates: Oil back over $95 a barrel as U.S. insists Strait of Hormuz is open despite attacks on ships

Oil prices jumped more than 4% Wednesday, with international benchmark Brent Crude trading over $95 a barrel – a $20 rise since the U.S. and Iran resumed fighting on July 7. Shippers remain reluctant to transit the Strait of Hormuz, despite U.S. Central Command insisting again Tuesday night that it “remains open.” Iran has continued … Read more

Gas prices hit $4 again after oil soars more than 15% in a week

The national average price for regular gasoline hit $4 per gallon again Monday as the renewed conflict with Iran and Ukraine-Russia attacks rattle energy markets. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. It’s the first time that the national average has been at $4 or higher since … Read more

Ukrainian drone attacks on Russian warehouses and oil depot kill at least 8, injure over 60

Eight people were killed and more than 60 others were wounded in Russia by overnight Ukrainian drone attacks, Russian officials said Saturday. Kyiv’s forces are continuing their relentless aerial campaign against energy infrastructure and military targets inside Russia, aiming to undermine Moscow’s war effort and make Russians feel the consequences of the Kremlin’s all-out invasion … Read more

Hair oil and scalp oil are not the same thing (and using the wrong one can backfire)

Walk down the hair care aisle or scroll your For You page and you’ll find no shortage of products promising shinier, stronger, faster-growing hair — many of them oils. At the same time, there are a ton of oils on the market made specifically for your scalp. And here is where things get tricky — … Read more

Oil hits $87 per barrel again after latest U.S. strikes on Iran and looming blockade

The price of crude oil on global markets continued to surge Tuesday, with international oil benchmark Brent rising for a second straight day to more than $87 per barrel, the first time since June it has traded at that price. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. … Read more

Oil prices jump as fighting flares in the Middle East

BANGKOK — Oil prices climbed early Tuesday as fighting intensified in the Middle East, while Asian shares declined, dragged lower by losses for artificial-intelligence stocks. The price of Brent crude climbed to just over $84 a barrel after soaring nearly 10% on Monday. U.S. benchmark crude was up 1.4% at $79.20 a barrel. Oil prices … Read more

Oil prices rise as the U.S. and Iran fight over control of Strait of Hormuz

Oil prices rose on Monday as the conflict between the U.S. and Iran intensified days after President Trump declared the countries’ ceasefire agreement to be over. Iran claimed the Strait of Hormuz was closed as both sides exchanged more strikes over the weekend. Kristin Myers, ETF editor-in-chief at ASSET TV, joins CBS News to share … Read more