Hormuz Shipping Is Barely Moving, Despite the US-Iran Ceasefire
The two-week ceasefire between the US and Iran has yet to restore normal shipping through the Strait of…
Amid Iran war, gap between market oil prices and consumer costs widens
Three weeks into the Iran war, there’s an ever-growing gap between the price of oil futures and supplies…
Trump administration orders restart of California coastal oil drilling
President Trump is asserting executive authority to demand the controversial resumption of offshore oil drilling along California’s coastline…
Crude oil prices surpass $100 a barrel as the Iran war impedes production and shipping
CHICAGO — Oil prices have eclipsed $100 per barrel for the first time in more than 3½ years as the…
Oil and gas prices rapidly rise as Iran war shows no signs of letting up
NEW YORK — The price of oil surged higher and showed no signs of halting its rapid climb a week…
What’s at stake for oil markets as U.S. strikes Iran
President Trump’s decision to strike Iran creates new risks for a significant chunk of the world’s oil supply.…
Venezuela’s oil industry is in ruins. Reviving it won’t be easy
CABIMAS, Venezuela  — The pumps that brought prosperity from deep in the Earth’s crust are now mostly rusted relics…
Trump’s tariffs shake global markets, new rates set to hit August 7
But the muscular approach has raised fears of inflation and other economic fallout in the world’s biggest economy.…