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

More than five decades after the 1973 oil embargo, the comparison highlights both familiar vulnerabilities and a far greater scale of risk in today’s global energy system.

Surging oil prices linked to the Iran conflict are expected to squeeze U.S. airline profits, especially since many carriers reduced fuel hedging and are now highly exposed to jet fuel price spikes.

The summer months are typically the busiest travel season of the year for airlines in the United States. Unfortunately, just ...