• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Right Arrow Button IconLeft Arrow Button IconHome
Right Arrow Button IconLeft Arrow Button IconLatest
Right Arrow Button IconMiddle East

Middle East

Current price of oil as of May 5, 2026
Current price of oil as of May 5, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

By Joseph HostetlerMay 5, 2026
Current price of oil as of April 28, 2026
Current price of oil as of April 28, 2026
By Joseph HostetlerApril 28, 2026
Current price of oil as of April 21, 2026
Current price of oil as of April 21, 2026
By Joseph HostetlerApril 21, 2026
Current price of oil as of April 14, 2026
Current price of oil as of April 14, 2026
By Joseph HostetlerApril 14, 2026
Current price of oil as of April 7, 2026
Current price of oil as of April 7, 2026
By Joseph HostetlerApril 7, 2026
Current price of oil as of March 31, 2026
Current price of oil as of March 31, 2026
By Joseph HostetlerMarch 31, 2026
Latest Stories
lu
LawWas it a secret Chinese spy headquarters or a ping-pong parlor? New York Chinatown case goes to trial
By Michael R. Sisak and The Associated PressMay 6, 2026
UCLA
Law‘Highly qualified White, Asian, and other students were denied admission’: DOJ accuses UCLA of discrimination
By Heather Hollingsworth, Nick Lichtenberg, Collin Binkley and The Associated PressMay 6, 2026
turner
LawBefore Mark Cuban and Jerry Jones, there was Ted Turner, the larger-than-life billionaire owner who changed sports
By R.J. Rico, Tim Reynolds and The Associated PressMay 6, 2026
turner
PoliticsUnderstanding the legacy of Ted Turner and the creation of the 24-hour news cycle: ‘there is no hyperbole here’
By Jocelyn Noveck, Wyatte Grantham-Philips and The Associated PressMay 6, 2026
turner
PoliticsHe was ‘The Mouth of the South’ and ‘Captain Outrageous,’ but Ted Turner said ‘If only I had a little humility, I’d be perfect’
By David Bauder and The Associated PressMay 6, 2026
A boat in the strait of hormuz.
EnergyCargo ship crews face attacks waiting the Gulf as Trump pauses two-day-old project to ‘guide’ ships
By Mae Anderson, David McHugh and The Associated PressMay 6, 2026
high gas prices on display, $6.79 per gallon
EconomyIran War is hitting low-income Americans the hardest at the gas pump, New York Fed says
By Christopher Rugaber and The Associated PressMay 6, 2026
Vornado CEO Steven Roth ‘shocked that our young mayor would pull this stunt’ and says Zohran Mamdani should know better than to target Ken Griffin
Real EstateVornado CEO Steven Roth ‘shocked that our young mayor would pull this stunt’ and says Zohran Mamdani should know better than to target Ken Griffin
By Catherina GioinoMay 6, 2026
More Middle EastPage 2 of 13
Chris Wright, US energy secretary sitting next to US President Donald Trump
EnergyTrump officials say gas prices will return to normal in ‘a few more weeks,’ but his own Energy Department says it will be 2027
By Tristan BoveMarch 18, 2026
Traders work on the floor of the New York Stock Exchange during morning trading on March 18, 2026 in New York City.
EnergyOil prices hit nearly $110 as Iran vows to escalate the war in ‘new ways’
By Eva RoytburgMarch 18, 2026
guillaume
CommentaryThe U.S. attacked Iran to show its power but the war is already lost. Epic Fury looks like an Epic Fail
By Guillaume LongMarch 18, 2026
A technician in Germany works on a battery system for a Volkswagen electric vehicle.
EconomyThe world’s EVs were already replacing 70% of Iran’s oil exports. The war just made that matter
By Tristan BoveMarch 18, 2026
Customer Jann Gregg of Schenectady pumps gas at the GasWay Xpress Mart at 1120 Erie Blvd. pump gas on Wednesday, Dec. 3, 2025, in Schenectady, N.Y.
EconomyEconomists are ‘loath’ to call a recession, but the odds just hit 49% for the next 12 months according to Moody’s top economist
By Eleanor PringleMarch 18, 2026
PHOTO: DONALD TRUMP
Big TechAs Trump rages against his allies, Republicans are asking what the plan is to end the chaos in Iran
By Jim EdwardsMarch 18, 2026
man in a suit
PoliticsWho is Joe Kent? Meet the Green Beret, MAGA loyalist, and former political candidate who quit over Iran
By Catherina GioinoMarch 17, 2026
trump
CommentaryTrump’s Iran War looks improvised. It isn’t. Here’s the playbook he’s been running for decades
By Jeffrey Sonnenfeld and Steven TianMarch 17, 2026
Current price of oil as of March 17, 2026
Personal FinanceCurrent price of oil as of March 17, 2026
By Joseph HostetlerMarch 17, 2026
constantine
CommentaryThe next energy superpower will make its own fuel
By Gregory ConstantineMarch 17, 2026
Jeremy Siegel, the Russell E. Palmer Professor of Finance at the Wharton School, speaks during the Wharton Global Alumni Forum in Madrid, Spain, on Thursday, June 24, 2010.
EconomyA market correction of 10% could be on the cards as consumer psychology shifts due to gas prices, says top economist
By Eleanor PringleMarch 17, 2026
Photo: President Trump.
EconomyBackchannel talks between U.S. and Iran offer Trump an off-ramp—if he wants it
By Jim EdwardsMarch 17, 2026
Photo of Ray Dalio
Middle EastRay Dalio warns a brutal ‘final battle’ for the Strait of Hormuz is coming—and losing could end the American empire
By Eva RoytburgMarch 17, 2026
Smoke rises from the direction of an energy installation in the Gulf emirate of Fujairah on March 14, 2026. Smoke could be seen rising from the direction of a major UAE energy installation on March 14, in what appeared to be the latest strike targeting the Gulf's petroleum facilities hours after the US struck Iran's Kharg Island.
EnergyVenezuela has the world’s largest proven oil reserves, but it can’t solve for the Strait of Hormuz ‘math problem’
By Jordan BlumMarch 17, 2026
U.S. President Donald Trump listens during a press conference with Ukrainian President Volodymyr Zelensky following their meeting at Trump’s Mar-a-Lago club on December 28, 2025 in Palm Beach, Florida.
Politics‘Blackmail is also not what I wish for’: America’s allies are ghosting Trump on Strait of Hormuz
By Eva RoytburgMarch 16, 2026
President Donald Trump at the White House
EconomyThe energy crisis isn’t recessionary yet, but there’s a scenario where oil prices could bring the US economy to a ‘standstill,’ Oxford Economics says
By Tristan BoveMarch 16, 2026
Iran’s attacks have collapsed, and the trend is ‘overwhelmingly positive,’ analysts say. But the military side is separate from politics and markets
Middle EastIran’s attacks have collapsed, and the trend is ‘overwhelmingly positive,’ analysts say. But the military side is separate from politics and markets
By Jason MaMarch 16, 2026
gutman, shah
BankingGoldman’s top international execs say the Iran war has parallels to the Russia’s invasion of Ukraine, but there are key differences
By Nick LichtenbergMarch 16, 2026
Photo: Donald Trump
EnergyWith Iran still in control of Hormuz, Trump threatens NATO and oil hits $106
By Jim EdwardsMarch 16, 2026
Despite Greenland crisis, Trump suggests NATO owes him help on Iran war after U.S. support for Ukraine. ‘We’ve been very sweet’
EnergyDespite Greenland crisis, Trump suggests NATO owes him help on Iran war after U.S. support for Ukraine. ‘We’ve been very sweet’
By Jason MaMarch 15, 2026
The closed Strait of Hormuz is testing Asia’s energy security. The answer lies across the Pacific—in Canada
CommentaryThe closed Strait of Hormuz is testing Asia’s energy security. The answer lies across the Pacific—in Canada
By Barrett BingleyMarch 15, 2026
President Donald Trump salutes as a U.S. Army carry team moves a flag-draped transfer case containing the remains of Sgt. Declan J. Coady at Dover Air Force Base on March 07, 2026 in Dover, Delaware.
Middle EastThe war with Iran has defense experts wondering if Khamenei will attempt to activate sleeper cells on U.S. soil
By Eleanor PringleMarch 15, 2026
1970s car waiting for gas during the gas crisis of the 1970s.
Middle EastSo, what happens during a gas crisis, anyway? Your older relatives have a reason to bring up what could come next
By Catherina GioinoMarch 15, 2026
‘Peak war panic’ will likely hit financial markets in 1-3 weeks, strategist predicts, as Trump says he doesn’t want to make a deal with Iran yet
Energy‘Peak war panic’ will likely hit financial markets in 1-3 weeks, strategist predicts, as Trump says he doesn’t want to make a deal with Iran yet
By Jason MaMarch 14, 2026
Trump’s AI czar calls for U.S. to ‘get out’ of war and warns Iran has a ‘dead man’s switch’ that could render Gulf states almost uninhabitable
Middle EastTrump’s AI czar calls for U.S. to ‘get out’ of war and warns Iran has a ‘dead man’s switch’ that could render Gulf states almost uninhabitable
By Jason MaMarch 14, 2026
Handout photo taken on March 11, 2026 and released by the Royal Thai Navy shows smoke rising from the Thai bulk carrier 'Mayuree Naree' near the Strait of Hormuz after an attack. A Thai bulk carrier travelling in the crucial Strait of Hormuz was attacked March 11, with 20 crew members rescued so far, the Thai navy said.
EnergySkyrocketing energy prices and inflation woes mount as the ‘absurd’ reality in Iran sinks in
By Jordan BlumMarch 14, 2026
photo of stage at conference
CryptoFlagship Dubai crypto conference Token2049, in sudden reversal, cancels due to Iran war
By Carlos GarciaMarch 13, 2026
President Donald Trump
EnergyThe war in Iran has caused the biggest oil supply disruption in history, energy watchdog says, and a swift end to the conflict might not change that
By Tristan BoveMarch 13, 2026
The Strait of Hormuz is an Iranian ‘kill box,’ preventing the U.S. Navy from securing it right now and letting tankers pass through freely
EnergyThe Strait of Hormuz is an Iranian ‘kill box,’ preventing the U.S. Navy from securing it right now and letting tankers pass through freely
By Jason MaMarch 13, 2026
Photo: President Trump
EconomyWall Street buckles in for a long war as Hormuz remains closed and Trump says he has ‘plenty of time’
By Jim EdwardsMarch 13, 2026
1
  • 1
  • 2
  • 3
  • 4
  • 5
...13
Most Popular
Magazine
A Michigan farm town voted down plans for a giant OpenAI-Oracle data center. Weeks later, construction beganplaceholder alt text
By Sharon GoldmanMay 6, 2026
Success
Tokyo is throwing out its strict office dress code and asking workers to wear shorts amid the war in Iran energy crisisplaceholder alt text
By Emma BurleighMay 5, 2026
Economy
Economists have found an answer to slowing cognitive decline: avoid retiring early, study findsplaceholder alt text
By Sasha RogelbergMay 5, 2026
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.