Importantly, this shift in positioning occurred before last Friday’s dramatic escalation in the Middle East, when Israel launched strikes on Iranian nuclear facilities and senior military targets,” said Ole Hansen,

NEW YORK (AP) — Some calm is returning to Wall Street, and U.S. stocks are rising on Monday, while oil prices are giving back some of their initial spurts following Israel’s attack on Iranian nuclear and military targets at the end of last week.

Investors are regaining some appetite for risk amid rising optimism that the conflict won't spill over into a broader regional crisis.

Explore why ConocoPhillips is poised for growth amid rising oil prices, with strong Q1 earnings and potential outperformance of major rivals.

The Environmental Protection Agency has told staff overseeing the country’s industrialized Midwest– a region plagued by a legacy of pollution– to stop enforcing violations against the fossil fuel companies,

Norwegian workers employed on offshore drilling rigs will go on strike on June 21 if annual wage talks with employers fail, the oil and gas labour unions said on Monday.

Oil supplies from the Middle East face increasing risk as the conflict between Israel and Iran drags on, according to RBC Capital Markets LLC, which warned that energy is now “clearly in the crosshairs.