Fighting between the United States and Iran has led to significant disruptions in oil and gas…
Tag: oil
Trump’s Renewed Sanctions on Iran Risk Economic Collapse
DUBAI—President Donald Trump has reimposed a blockade on Iran, aiming to cripple the regime's economy and…
US Senators propose 100% tariffs on Russian oil imports
U.S. Senators have renewed their push for tariffs on Russian oil imports, proposing a maximum duty…
Oil Prices Rise Amid Ongoing Middle East Tensions
Oil prices increased on Friday as tensions in the Middle East continued to escalate. This week,…
IEA Forecasts First Global Oil Demand Drop Since 2020
The International Energy Agency (IEA) has projected a decline in global oil demand for the first…
Yemen’s Houthi Rebels Renew Conflict, Threaten Oil Supply
Yemen's Houthi rebels have reignited conflict this week, raising concerns about potential disruptions to global oil…
China’s Crude Oil Imports Hit Decade Low Amid Tensions
China's crude oil imports fell to a decade low in June, reaching 7.12 million barrels per…
Chevron Advances Iraq Oil Projects with New Agreements
Chevron is set to sign two memoranda of understanding on Friday that will advance its plans…
Oil prices decline amid US-Iran tensions, remain elevated
Oil prices settled lower on Thursday, July 16, but remained near their highest levels since mid-June…
US gas prices near $4 as diesel tops $5 amid Iran conflict
US gas prices have surged to an average of $3.94 per gallon, increasing 15 cents in…