$50 billion in oil lost in 50 days of Iran war, analysis finds

The war in Iran has shaken up financial markets and the oil industry, so much so that an estimated $50 billion in oil has not been produced globally since the war began, according to a Reuters analysis.

Oil prices climbing again amid US-Iran standoff in Strait of Hormuz

Crude oil prices rose again Sunday as tensions between the U.S. and Iran kept tankers from using the Strait of Hormuz, the vital waterway in the Persian Gulf.

Gas prices may stay high as US-Iran conflict continues
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The U.S. energy secretary says gas prices may not return to prewar levels for years as tensions with Iran continue. Uncertainty over the Strait of Hormuz is adding to concerns about fuel costs.

Live updates: Iran rejects new peace talks after Trump warns of 'last chance'

Iran has rejected another round of peace talks with the U.S., just hours after President Donald Trump said the talks in Pakistan would be Iran's "last chance" to sign a deal.

Trump warns Iran as Strait of Hormuz tensions rise
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President Donald Trump is escalating rhetoric as tensions grow over control of the Strait of Hormuz. Officials say negotiations will continue as the ceasefire deadline approaches.

Summer travel forecast: Jet fuel crisis could mean more than just higher fares

Experts say summer travelers should prepare not just for higher prices, but also for fewer flights, “more schedule volatility and fewer low-fare options" if the Iran war continues.

Pope Leo on Trump: 'Not in my interest' to debate him

Pope Leo addressed the back-and-forth comments involving President Trump this weekend, saying it was “not in my interest” to debate Trump, and that he would continue preaching the Gospel message of peace.

Iran closes Strait of Hormuz again due to US blockade
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Iran has re-closed the critical Strait of Hormuz in response to the U.S. blockade on Iranian ships and ports.

Many return to Lebanon amid Israel ceasefire, Hormuz opening
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The ceasefire between Israel and Lebanon appears to be holding and many people are heading back to their homes, the region is still unstable.

US, Iran near deal as Strait of Hormuz tensions ease
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U.S. and Iranian officials appear close to a deal to end weeks of conflict as tensions in the Strait of Hormuz begin to ease. Markets reacted quickly, with oil prices falling and stocks rising.

Strait of Hormuz 'completely open' says Iran foreign minister
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The Iranian Foreign Minister said the Strait of Hormuz is 'completely open,' though Trump said the blockade is still in effect for Iranian vessels.

Iran latest: Strait of Hormuz 'completely open' says Iran foreign minister

Iran foreign minister announced the Strait of Hormuz is 'completely open' a day after the announcement of the 10-day ceasefire between Israel and Lebanon.

Trump says Israel and Lebanon have agreed a 10-day ceasefire

President Trump says Israel and Lebanon have agreed to a 10-day ceasefire as pressure continues for Iran to agree to a deal.

Strait of Hormuz blockade to weigh heavy on oil, gas supplies
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The head of the International Energy Agency says the ongoing conflict with Iran and the closure of the Strait of Hormuz is putting unprecedented pressure on energy supplies.

Ceasefire in Lebanon adds pressure to US-Iran talks
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A temporary ceasefire between Israel and Lebanon comes as the U.S. increases economic pressure on Iran. Officials hope the move will push Tehran toward a deal as negotiations continue.

US pushes for more peace talks to end Iran war
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The White House feels confident about reaching a deal to end the war in Iran, but until then, the two countries will continue fighting an economic battle in the Strait of Hormuz.