Gas prices are displayed at a Mobil gas station in Miami Gardens, Fla. (Marta Lavandier/AP)Key Takeaways: Oil prices are up amid uncertainty about the direction of the U.S. war with Iran. Oil prices gained ground as uncertainty remains over the U.S. war with Iran that has stifled the global flow of oil. The increase in oil prices has added more heat to inflation by raising the price of gasoline and raising costs for shipping. Companies from a mix of sectors reported their latest financial results, adding to an already busy round of corporate earnings reports. AppLovin slumped 19.6% after the digital ad company reported mixed financial results for its most recent quarter.