Investors should watch major support levels on the WTI oil chart around $57 and $44, while also monitoring key resistance levels near $77 and $93.

Trump took to social media on Monday to demand that oil prices stay down in the wake of US attacks on Iran. Oil prices were down slightly on Monday after initially spiking on news of the attacks.

Higher oil and gas prices are a “near certainty” after President Donald Trump ordered an attack on nuclear facilities in Iran, experts told CNN.

A decision to retaliate against the U.S. and its regional allies would give Iran a far larger target bank and one that is much closer than Israel.

The rise in prices came after President Trump said he had "obliterated" Iran's main nuclear sites in strikes over the weekend.

Bitcoin Holds Key Support; Oil Disappoints 'Doomers' as Brent and WTI Erase Early Price Gains Iran's threat to close the Strait of Hormuz is largely rhetorical, an energy market expert said.

U.S. Secretary of State Marco Rubio on Sunday called for China to prevent Iran from closing the Strait of Hormuz, one of the most important trade routes for crude oil in the world.

Speaking in Istanbul, Iran’s Foreign Minister Abbas Araghchi said on Sunday his country has “a variety of options” when deciding how to respond to the US attacks. From striking US bases in ...

Iran could also choose to attack key oil and gas facilities in those countries with the goal of exacting a higher price for U.S. involvement in the war.