Ryan Dezember

U.S. oil futures are having one of their best days of the year, rising 7% to more than $75 a barrel after President Trump said he believed the ceasefire with Iran was over and vowed to continue bombing. Ta

Power demand is surging to keep America's air conditioners running, but prices are falling for the fuel that helps generate much of the country's electricity. Natural-gas futures are on track to drop more than 10% this week, an unusual move during such steamy weather. The pressure on prices is comi

International crude price climbed nearly 10% as President Trump said he would reimpose U.S. blockade.

Georgi Kantchev, Rebecca Feng, Ryan Dezember Oil markets and Middle East producers appear to be aligning around a new reality: The Strait of Hormuz is no longer expected to return to a prewar norm.

For now, new pipelines have eased a gas glut in West Texas, where drillers often have to pay buyers to take their fuel.

America's most prolific drilling region finds itself on the brink of being trapped between an uptick in drilling in response to rising energy prices and not enough ways to get product to market.

West Fraser Timber Co., North America's top lumber producer, is taking a hit from President Trump's latest round of tariffs on Canada. Its stock is one of the day's worst performers among fore

Brent crude futures added $1.79 a barrel, or 2%, to settle at $91.01. The first close above $90 in more than a month for the global oil benchmark is the latest milestone in the summer U-turn for crude prices, which [Goldman Sachs analysts](https://www.wsj/livecoverage/stock-market-today-dow-sp-5

Sherwin-Williams and the brewer of Samuel Adams are among those facing higher commodity and freight costs.

The continuing closure of the Strait of Hormuz is beginning to hit Americans' wallets far beyond the pump.