The U.S. oil benchmark hovered around $71 per barrel on June 16—about where it started the year—but up roughly 9% from a week prior. The current price tag is considered a relatively healthy value—profitable for most oil producers without creating particularly high fuel prices.

The conflict between Israel and Iran could have far-reaching effects, including in the U.S. in the form of rising gas prices.

After Israel’s initial strike on Iran, oil prices increased by 7% . As the conflict continues, Arizonans may feel the impact at the pump.

Stock futures were higher on Sunday as investors weighed the impact of the escalating Israel-Iran conflict that shows no signs of any potential off-ramps ahead. Oil prices rallied after Israel attacked key areas of Iran’s energy infrastructure over the weekend,

UK forces could defend Israel against Iranian attacks -

Israel's attack on Iran Friday has catapulted their long-running conflict into what could become a wider, more dangerous regional war.

Gold futures hit a record high in Japan on Monday, topping 16,000 yen ($111) per gram, as investors fled to the safe-haven asset amid the intensifying conflict between Israel and Iran. The price briefly rose 244 yen from Friday to 16,