US-Iran tensions could push oil prices higher, says Goldman Sachs. The bank's co-head of commodities research said the market sees the situation escalating.

Oil prices surged nearly 3% after failed peace talks between Ukraine and Russia, reigniting fears of persistent supply restrictions, while tensions over Iranian supply and transit through Europe add to price volatility.

March WTI crude oil (CLH26 ) today is up +2.06 (+3.30%), and March RBOB gasoline (RBH26 ) is up +0.0438 (+2.29%). Crude oil and gasoline prices are sharply higher today on geopolitical risks. The likelihood of the Russian-Ukrainian war continuing will keep restrictions on Russian crude and limit global

Elon Musk’s X announces a new digital currency, oil prices climb on Iran tensions, Berkshire Hathaway trims Amazon and Apple stakes.

Paul Sankey, Sankey Research, joins 'Closing Bell Overtime' to talk the state of the oil markets as rising tension with Iran impacts global oil prices.

US stocks turned firmly into the red on Thursday as US-Iran fears spurred a continued rally in oil, with Walmart (WMT) earnings and Federal Reserve rate-cut odds in focus. Earnings continue, with Walmart (WMT) posting a modest quarterly beat but flagging headwinds in its guidance for the year ahead.