Oil prices top $100 per barrel as big Middle East producers cut output amid Iran war

5 times oil prices surged about $100 — and how long they lasted

U.S. crude oil prices have topped $100 a barrel since the U.S.-Israeli strikes on Iran. But this isn't the first time prices have gone this high.

Gimme fuel, hold the fire: How Europe can safeguard its energy security against Gulf shocks – European Council on Foreign Relations

Cover image: picture alliance / SIPA | Sasan/MEI The American and Israeli war against Iran has propelled oil above $119 a barrel this week—prices not seen since Russia’s full-scale war on Ukraine in 2022. Bahrain, Iraq, Kuwait, Saudi Arabia and the United Arab Emirates have all cut production because of damage or logistics constraints that limit their ability to transport crude to international markets. This has removed an estimated 6.2m-6.9m ba…

Gas Prices and Rep. Thomas Massie's Big Donor

Analysis of gas price spikes linked to Iran and Rep. Thomas Massie's controversial donor connections.

'Energy dominance' reconsidered: From domestic abundance to global strategic leverage

Recent geopolitical developments, including the war in Iran, reveal an expanding definition of "energy dominance."

Crude oil prices surpass $100 a barrel as the Iran war impedes production

Oil prices have jumped past $100 a barrel as the Iran war disrupts oil production and shipping in the Middle East. The price for a barrel of Brent crude, the international standard, was at $101.19 shortly after trading resumed on…

Trump's Iran War is driving sky-high energy prices. Here's who is profiting.

The fighting spells trouble for consumers and a potential windfall for some of the president’s biggest backers.