US President Donald Trump said the war with Iran could end “very soon,” claiming US-Israel strikes had crippled Tehran’s military. However, he kept the timeline vague while warning of massive retaliat ...

Gas prices have already jumped nearly 50 cents in a week, and analysts warn they could climb much higher if disruptions in the Middle East continue.

Oil prices fall in early trading in Asia as the US president warns Iran against disrupting shipping in the Strait of Hormuz.

Global oil prices have fallen in early trading in Asia on Tuesday - they had soared to $115 a barrel at one point on Monday.