Oil prices surge after Trump says U.S. will blockade the Strait of Hormuz
U.S. crude oil soared 8%, to more than $104 per barrel. International Brent oil jumped more than 7%, to $103…
Giant oil tanker off Dubai hit by Iranian strike after Trump’s latest threats
Iran attacked and set ablaze a fully loaded crude oil tanker off Dubai on early on Tuesday, after President Donald…
Trump says his ‘preference’ would be to ‘take the oil in Iran’
President Donald Trump said Sunday that he would like to “take the oil in Iran” and is considering seizing the…
Trump signals US will allow Russian oil tanker to reach Cuba
President Trump said Sunday night that he’s OK with a Russian oil tanker delivering its payload to Cuba, effectively relaxing…
US oil CEOs warn Trump administration that energy crisis likely to worsen, WSJ reports
March 15 (Reuters) – Chief executives of major U.S. oil companies warned official of U.S. President Donald Trump’s administration that…
Trump weighs easing Russia sanctions, other measures to cool oil prices
U.S. President Donald Trump is considering easing oil sanctions on Russia and releasing emergency crude stockpiles as part of a…
Oil surges amid Iran conflict — how high will gas prices go?
The conflict in Iran is causing a massive disruption in the global oil supply and sending energy prices skyrocketing. It’s…
OPEC+ boosts oil production after attacks on Iran and throughout region
NEW YORK (AP) — Eight countries that are part of the OPEC+ oil cartel announced Sunday they will boost production of crude…
Trump orders blockade of all ‘sanctioned oil tankers’ entering and leaving Venezuela
President Donald Trump ramped up pressure on Venezuela on Tuesday by announcing that he is ordering a blockade of all…
