Oil prices rose and U.S. stock-index futures slipped on Sunday, after the U.S. and Iran continued their tit-for-tat attacks around the Strait of Hormuz over the weekend.

Oil rose in early trade amid escalating concerns over supply disruptions in the Middle East.

Brent tops $73 as renewed U.S.-Iran strikes keep Hormuz on edge, leaving oil markets vulnerable to sharp summer price swings.… Oil futures are financial contracts that allow participants to buy or sell a specific quantity of oil at a predetermined price ...

Speculator positioning in oil futures may exacerbate the fresh rally in crude, according to Ole Hansen, head of commodity strategy at Saxo. Hansen notes that the latest Commitments of Traders report from the Commodity Futures Trading Commission,

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

Future demand could surprise to the upside as countries rebuild depleted stockpiles and China eventually resumes spot crude buying, limiting the impact of any expected global oversupply.

Oil prices fell on OPEC+’s decision to hike production and due to the continued recovery in shipping through the Strait of Hormuz.

U. S. stock index futures pointed to a lower start on Thursday, suggesting Wall Street could surrender part of the gains recorded over the previous two trading sessions as investors reacted to weakness in technology stocks and renewed geopolitical tensions.

By Scott DiSavino June 30 (Reuters) - Oil prices were little changed on Tuesday but were headed for their biggest monthly and quarterly losses since the COVID-19 pandemic in early 2020, with investors eyeing potential U.