Oil

On Friday’s broadcast of Bloomberg’s “Open Interest,” White House National Economic Council Director Kevin Hassett responded to a question on what the White House will do to act on President Donald Trump’s rhetoric that oil companies are contributing to high

Ship tracking data released on Monday showed six Saudi-flagged supertankers turning away from the Gulf of Aden and heading for southern Africa to avoid the Red Sea. The Iran-backed Houthi insurgents of Yemen have declared a “maritime ban” on Saudi shipping, backed up by terror attacks.

A consortium of companies from the U.S. and Saudi Arabia plans a $5 billion oil refinery outside the Strait of Hormuz.

Trump blasted Europe’s migrant crisis and its leaders for doing nothing to stem it, as he revealed his discussion with new UK PM Burnham.

With a pause in U.S. attacks stretching into a fourth day on Monday, Iran has shifted its aggression toward Saudi Arabia, and especially at sabotaging Saudi efforts to shift their oil exports from the Strait of Hormuz into the Red Sea.

The oil-producing nations of the Persian Gulf are stepping up their efforts to divert shipping away from the Strait of Hormuz, where Iran has been launching terror strikes on civilian vessels.

The Chinese Foreign Ministry pronounced Beijing “deeply concerned” on Thursday over the ongoing war between Iran and its proxies and the United States in the Middle East, demanding all parties “remain calm.”

Ship tracking services and insurance brokers said on Monday that traffic through the Strait of Hormuz has fallen to the lowest level in two months after Iran attacked several commercial vessels with missiles and drones and the U.S. responded with waves of airstrikes.

President Donald Trump said the Freedom Fuel Network will be lowering gas prices at multiple stations in Philadelphia on Friday in celebration of America’s 250th birthday.

Iraqi investigators carried out a major anti-corruption operation on Sunday, raiding several homes in exclusive Baghdad neighborhoods and arresting dozens of prominent public figures.

Saudi Arabia’s national oil company Aramco began loading cargoes of crude oil at its massive Ras Tanura terminal on Friday.

During an interview that took place on Tuesday and that was aired on Wednesday’s broadcast of the Fox News Channel’s “Special Report,” Treasury Secretary Scott Bessent discussed sanctions relief for oil coming from Iran and said that Iran was always

The foreign ministries of Iran and Oman issued a joint statement on Tuesday announcing the formation of a “Strait of Hormuz Committee.”

On Monday’s broadcast of “CNN News Central,” Rep. Michael Baumgartner (R-WA) said that keeping the blockade of Iranian oil would have kept “choking out the economic lifeblood of the [IRGC]. That would put additional pressure on Iran. But I also

Although Iran proclaimed the Strait of Hormuz was once again closed on Saturday, tankers continued to move through the vital waterway, including Very Large Crude Carriers (VLCCs) and liquid natural gas (LNG) tankers.

On Friday’s broadcast of Newsmax TV’s “National Report,” Rep. Glenn Grothman (R-WI) said that any money released to Iran “really should be in escrow” to ensure they’re only used for civilian purposes. And with Iran, “Sometimes, they don’t act like they

On Friday’s broadcast of the Fox Business Network’s “Kudlow,” Sen. Ron Johnson (R-WI) said that “there was a hope that we could weaken the regime enough for the Iranian people to rise up, but they pretty well slaughtered the leaders

Ukraine struck a major Moscow oil refinery Thursday for a second time in a week, sending huge plumes of black smoke over the capital.

On Wednesday’s broadcast of CNN’s “The Source,” Sen. Roger Marshall (R-KS) defended letting Iran get immediate waivers to sell oil by saying that “we had to get them to sign the document. So, we gave that up in response for

Ship tracking services say at least three Iranian oil tankers, carrying about five million barrels of oil, have passed through the former U.S. blockade line since President Donald Trump announced his ceasefire deal with Tehran on Sunday.

Oil prices tumbled on Tuesday, falling to their lowest levels since early March.

Iranian military leaders celebrated the news on Monday that the country had agreed to the terms of a memorandum of understanding with the United States to end the current conflict, suggesting that the agreement represented “defeat and surrender” for America.

Oil prices fell sharply on Sunday after President Trump announced that the U.S. and Iran had agreed to a peace deal.

On Friday’s broadcast of HBO’s “Real Time,” host Bill Maher and Eurasia Group and GZERO Media Founder Ian Bremmer stated that OPEC’s cartel has effectively been ended, which is beneficial, and that the region building pipelines will help undercut Iran’s

President Donald Trump is closing in on a final agreement with the Islamic Republic of Iran that would actually ensure that Iran never gets a nuclear weapon, a senior administration official told journalists including Breitbart News on a White House press call on Friday morning.

Iran’s terrorist Islamic Revolutionary Guard Corps (IRGC) declared on Wednesday that the Strait of Hormuz is “closed to the passage of all vessels” after the United States retaliated against Iranian attacks.

The Eurasian Development Bank (EDB) reports that China is now the largest foreign investor in Central Asia, surpassing Russia after a decade of growing investments in oil, gas, mining, and transportation infrastructure.

The U.S. trade deficit narrowed slightly in April as a record surge in petroleum exports offset a massive increase in imports of artificial intelligence infrastructure equipment, leaving the underlying trade position little changed.

The interim “president” of Venezuela, former Nicolás Maduro henchwoman Delcy Rodríguez, held an in-person meeting with Islamist Turkish strongman Recep Tayyip Erdogan in Istanbul on Monday, seeking expanded investments in the impoverished socialist country.

The Iran-backed Houthi insurgents of Yemen declared “a complete and total ban on Israeli maritime navigation” through the Red Sea on Monday.

Chinese companies have reportedly delayed two major refinery projects, capable of producing 500,000 barrels per day combined, due to the shortage of crude oil from the Middle East after Iran closed the Strait of Hormuz.

“Acting President” of Venezuela Delcy Rodríguez on Thursday met with Indian Prime Minister Narendra Modi in New Delhi as India moves to cement its oil and other commercial-related ties with the South American nation.

President Donald Trump said Thursday that without energy dominance, the United States “can’t win” after he announced $700 million in funding to bolster America’s coal industry.

The U.S. Treasury Department on Thursday announced new sanctions on Iranian oil sales in a bid to choke off funding for Iran’s military apparatus.

Russia has said it is to commence a series of “systematic” strikes, prompting Marco Rubio to warn against escalation.