• 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 12, 2026
Current price of oil as of May 12, 2026

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

By Joseph HostetlerMay 12, 2026
Current price of oil as of May 5, 2026
Current price of oil as of May 5, 2026
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
Latest Stories
SpaceX heads into a record-shattering IPO with the ‘deepest moat that exists today’ as investors vow to ‘never bet against Elon’
InnovationSpaceX heads into a record-shattering IPO with the ‘deepest moat that exists today’ as investors vow to ‘never bet against Elon’
By Jason MaMay 16, 2026
tarot
AIWe talked to 12 tarot card readers who are using AI. They split in 2 camps, with big implications for the technology
By Ziv Epstein, Farnaz Jahanbakhsh, Vana Goblot and The ConversationMay 16, 2026
trump
PoliticsTrump voter remorse is almost entirely concentrated in the swing voters who gave him a shot in 2024
By Tatishe Nteta, Adam Eichen, Jesse Rhodes and The ConversationMay 16, 2026
yale
LawDOJ accuses Yale of discriminating against Asian, white students with ‘race-based admissions program’
By Dave Collins and The Associated PressMay 16, 2026
hoeg
HealthRFK ally confirms she was fired by FDA: ‘I learned so much and leave with no regrets’
By Matthew Perrone and The Associated PressMay 16, 2026
lirr
EconomySpring Hamptons traffic nightmare as Long Island Rail Road workers go on strike
By Philip Marcelo, Nick Lichtenberg and The Associated PressMay 16, 2026
delivery
RetailWalmart’s upper hand over Amazon in the $1 trillion e-commerce race: 90% of Americans live within 10 miles of a superstore
By Anne D'Innocenzio and The Associated PressMay 16, 2026
iran
PoliticsIran foreign minister on dealings with Trump: ‘We are in doubt about their seriousness’
By Sheikh Saaliq, Adam Schreck and The Associated PressMay 16, 2026
More Middle East
Current price of oil as of March 31, 2026
Personal FinanceCurrent price of oil as of March 31, 2026
By Joseph HostetlerMarch 31, 2026
Anil Agarwal, founder and chairman of Vedanta Group, at the CERAWeek by S&P Global conference in Houston, Texas, US, on Wednesday, March 25, 2026. The event convenes more than 10,000 participants from over 2,350 companies across 89 countries for dialogue on the agenda ahead as the world enters a new era of energy transition. Photographer: Aaron M. Sprecher/Bloomberg via Getty Images
EnergyEnergy ‘vulnerable’ India seeks U.S. help to produce more oil and wean itself off Russia, Middle East reliance amid geopolitical turmoil
By Jordan BlumMarch 31, 2026
Bond yields are falling even as oil tops $102, showing that Wall Street fears recession more than inflation
EnergyBond yields are falling even as oil tops $102, showing that Wall Street fears recession more than inflation
By Jason MaMarch 30, 2026
War against Iran to escalate as we approach six-week ‘TACO’ timetable, analysts say
EconomyWar against Iran to escalate as we approach six-week ‘TACO’ timetable, analysts say
By Jim EdwardsMarch 30, 2026
hormuz
CommentaryIran’s Hormuz toll booth points toward an L-shaped price plateau, not the V-shaped recovery traders want
By Siddharth MisraMarch 28, 2026
The Iran war could drag into 2027, analyst warns. The economic fallout is just getting started
Middle EastThe Iran war could drag into 2027, analyst warns. The economic fallout is just getting started
By Jason MaMarch 27, 2026
Anthropic accidentally leaked details of a new AI model that poses unprecedented cybersecurity risks
Big TechAnthropic accidentally leaked details of a new AI model that poses unprecedented cybersecurity risks
By Jim EdwardsMarch 27, 2026
iran war
Real EstateHow a war in the Middle East is hiking your mortgage rate in America
By Jake AngeloMarch 26, 2026
Photo: Donald Trump
EconomyTrump says he wants the war wrapped up as fuel prices nuzzle up to $9 a gallon in California
By Jim EdwardsMarch 26, 2026
People on a breakwater backdropped by commercial vessels anchored in the Gulf, near the Strait of Hormuz, on March 22, 2026 in Ajman, United Arab Emirates.
EnergyTrump wrote the tariff playbook. Now Iran is using it on the world’s most important oil route
By Eva RoytburgMarch 25, 2026
broker
EconomyGoldman raises recession odds to 30% on higher inflation, lower GDP outlook as oil prices surge
By Nick LichtenbergMarch 25, 2026
trump
EnergyIran, the $39 trillion national debt and dedollarization: How Trump exposed America’s Achilles Heel in Hormuz
By Nick LichtenbergMarch 24, 2026
Farmer standing in front a soybean farm
EconomySoaring fertilizer prices could pressure a U.S. agricultural industry that supports 50 million jobs and over $10 trillion in output
By Tristan BoveMarch 24, 2026
As war continues to rage, the World Economic Forum is the latest to postpone Gulf conference in Saudi 
Middle EastAs war continues to rage, the World Economic Forum is the latest to postpone Gulf conference in Saudi 
By Kamal AhmedMarch 24, 2026
Current price of oil as of March 24, 2026
Personal FinanceCurrent price of oil as of March 24, 2026
By Joseph HostetlerMarch 24, 2026
Trump searches for an exit strategy in Iran as $100 oil looms over the midterms
EconomyTrump searches for an exit strategy in Iran as $100 oil looms over the midterms
By Jim EdwardsMarch 24, 2026
Putin is the real winner in Trump’s Iran war as it puts Russian oil back on the map
Middle EastPutin is the real winner in Trump’s Iran war as it puts Russian oil back on the map
By Marco Quiroz-GutierrezMarch 23, 2026
Chevron’s CEO says oil prices are still too low—and the effects of the Strait of Hormuz closure are not ‘fully priced in’
EnergyChevron’s CEO says oil prices are still too low—and the effects of the Strait of Hormuz closure are not ‘fully priced in’
By Jordan BlumMarch 23, 2026
‘Capital is a coward’: A whole new world of elevated risk will stay embedded in global markets, keeping prices higher everywhere 
Economy‘Capital is a coward’: A whole new world of elevated risk will stay embedded in global markets, keeping prices higher everywhere 
By Jason MaMarch 23, 2026
Markets in meltdown after Trump threatens major escalation in the war against Iran
EnergyMarkets in meltdown after Trump threatens major escalation in the war against Iran
By Jim EdwardsMarch 23, 2026
The Iran war cripples Asia’s supplies of fertilizer and helium, threatening farms and chipmakers alike
AsiaThe Iran war cripples Asia’s supplies of fertilizer and helium, threatening farms and chipmakers alike
By Angelica AngMarch 23, 2026
Markets wait for Trump and Iran to follow through on Hormuz threats that carry potentially catastrophic results
EconomyMarkets wait for Trump and Iran to follow through on Hormuz threats that carry potentially catastrophic results
By Jason MaMarch 22, 2026
As Trump eyes climactic battle for Hormuz, he could give Iran a ‘taste of their own medicine’ with a naval blockade that implodes the economy
Middle EastAs Trump eyes climactic battle for Hormuz, he could give Iran a ‘taste of their own medicine’ with a naval blockade that implodes the economy
By Jason MaMarch 22, 2026
Donald Trump, standing behind a podium, frowns and points a finger upward.
Economy‘Almost exactly offsetting the boost’: Higher gasoline prices this year could wipe out tax refunds from Trump’s One Big Beautiful Bill Act
By Sasha RogelbergMarch 22, 2026
war
CommentaryCompanies are now on the front lines of war. They need to act like it
By Jeremy BashMarch 21, 2026
powell
CommentaryThe Strait of Hormuz is the fourth large supply shock this decade. Welcome to the new era of global disorder
By Jon HilsenrathMarch 21, 2026
US President Donald Trump, left, and Marco Rubio, US secretary of state, speak to members of the media on the South Lawn of the White House before boarding Marine One in Washington, DC, US, on Friday, March 20, 2026. US officials said the White House is sending more than 2,000 additional Marines to the Middle East as it weighs a plan to seize Iran's Kharg Island oil export hub, a ground operation that would carry huge risks for President Donald Trump.
EnergyThree weeks into the Iran war that’s requested $200 billion, here’s what success for Trump might look like
By Jordan BlumMarch 21, 2026
It’s looking like Trump’s war created a private oil lane for China and other countries willing to play ball with Iran
Middle EastIt’s looking like Trump’s war created a private oil lane for China and other countries willing to play ball with Iran
By Jason MaMarch 20, 2026
A man walks between two luxury cars with the skyline of Dubai in the background.
RetailThe Middle East is one of the world’s fastest growing luxury markets—and the war in Iran may cut its sales in half, analysts say
By Sasha RogelbergMarch 20, 2026
Photo: A-10 Thunderbolt Warthog.
BankingAs the U.S. gears up for a potential ground war in Iran, $100-plus oil threatens ‘demand destruction’ — starting in Asia
By Jim EdwardsMarch 20, 2026
1
  • 1
  • 2
  • 3
  • 4
  • 5
...13
Most Popular
Success
Despite having a $165 million net worth, Scarlett Johansson says work-life balance doesn’t exist—and the first step to success is admitting thatplaceholder alt text
By Preston ForeMay 13, 2026
Politics
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promisesplaceholder alt text
By Jake AngeloMay 12, 2026
Personal Finance
Current price of oil as of May 15, 2026placeholder alt text
By Joseph HostetlerMay 15, 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.