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As the war with Iran continues to rage in the Middle East, the rising cost of oil is pushing up the price of gas and other major categories like groceries, along with threatening the global economy more broadly. NBC News' Brian Cheung explains.
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Corporate executives are not panicking over a short-term increase in oil prices and Strait of Hormuz closure, but patience may wear thin in a matter of weeks.
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The boss of Centrica says it is "too early" to speculate but if oil costs continue to rise, homes will be hit.
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Republicans have largely been on defense against Democratic criticism. Here are five arguments advanced by figures in both parties.
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In a twist of wartime irony, the United States has moved to ease sanctions on Iranian oil to cool surging energy prices, a potential boon for Tehran.
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