Rather, it is geopolitical factors—specifically, escalating tensions in the Middle East—that are unsettling markets and pushing prices higher.

Investing.com-- Oil prices fell slightly in Asian trade on Wednesday after clocking a strong run-up in the past two sessions as traders braced for potentially tighter crude suppli

While Federal Reserve will likely keep interest rates unchanged at next week’s meeting, officials may face more pressure to lower borrowing costs soon.

Oil-watchers are bracing for a further price rally after Israeli strikes on Iranian energy assets heightened the risk to Middle East supplies.Most Read from BloombergShuttered NY College Has Alumni Fighting Over Its FutureAs Part of a $45 Billion Push,