Iran war keeps oil prices over $100 with Strait of Hormuz paralyzed despite Trump’s demands
The European Union is seeking more strategic clarity about the U.S. and Israel’s plans for Iran and when…
Oil prices keep rising as Trump seeks coalition to reopen Strait of Hormuz | US-Israel war on Iran News
Brent crude tops $106 a barrel as markets see no end in sight to the halt of traffic…
U.S. Energy secretary directs Texas oil company to restore operations off California
U.S. Energy Secretary Chris Wright directed a Texas-based oil and gas company Friday to restore operations in waters…
Airfares are lifting off because of rising oil prices. These tips could save you money.
The cost of taking a flight in the U.S. is starting to take off because of rising oil prices stemming…
Oil only accounts for half the cost of a gallon of gas. Here’s where the rest comes from.
The oil supply shock from the Iran war is directly impacting what Americans pay to fill up their cars,…
How Iran oil shock differs from 1970s stagflation
Key Points Fears of higher prices and slower economic growth have unsettled markets over the past week following…
Retail prices could rise after Strait of Hormuz closure
The Iran war could soon mean higher prices on store shelves for consumers. Iran’s effective closure of the…
Oil at $100 as Trump says US ‘has plenty of time’ to fight Iran
The Callisto tanker sits anchored in Port Sultan Qaboos as the traffic is down in the Strait of…
How Israel-US war on Iran puts $50bn in Indian remittances at risk | US-Israel war on Iran News
As the United States-Israeli war on Iran completes two weeks, it has triggered a global energy crisis, even…
Trump administration allows purchase of Russian oil already at sea
The U.S. is temporarily greenlighting the purchase of Russian oil that’s already at sea, Treasury Secretary Scott Bessent…
U.S. allows temporary purchases of Russian oil already at sea to stabilize energy markets
Russian supertanker Astro Lupus waits to unload its cargo of the first direct shipment of Russian crude oil…
Trump weighs Jones Act waiver amid rising fuel prices, White House says
The Trump administration is prepared to waive the Jones Act to loosen shipping rules as the Iran war…