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Trump threatens to 'decimate' Iran if it tries to kill him, as Treasury sanctions alleged Iranian financier

Trump says 1,000 missiles are "locked and loaded" and will hit Iran if it carries out its threats to assassinate the U.S. presiden…

The Escalating Energy War Between California and the White House

In recent years, California has grown increasingly progressive in its energy policy, shifting away from fossil fuels toward renewa…

US Oil, Gas Drillers Hang Back in Volatile Market

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hug…

Oil’s Calm Is Over as Middle East Risks Return

Renewed U.S.-Iran strikes have revived the Middle East risk premium, lifting Brent above $76 as traffic through the Strait of Horm…

World oil demand set for first annual decline since 2020, IEA says

Renewed escalation in the U.S.-Iran war could complicate matters and further cloud the outlook, the IEA warned Friday.

Oil prices fall 2% as mediators try to prevent U.S. and Iran from returning to war

Oil prices turned lower on Thursday after the U.S. carried out fresh strikes on Iran, renewing concerns about supply disruptions i…

Tanker traffic through Strait of Hormuz slows after Iranian attacks trigger renewed fighting with U.S.

Oil has rallied more than 7% this week as investors worry that exports through Hormuz could plunge as the U.S. and Iran fight for …

Oil prices jump more than 4% after Trump threatens to bomb Iran and reimpose naval blockade

Speaking at the NATO summit in Turkey, Trump said he considered the ceasefire with Iran over. His comments came after U.S. airstri…

Oil prices rise after attacks on tankers in Strait of Hormuz, U.S. revokes Iran sale authorization

Brent and U.S. crude futures rose after a report of an Iranian attack on commercial ships in the Strait of Hormuz.

U.S. revokes Iran oil sales authorization after tanker attacks

Treasury had waived sanctions on Iranian oil through Aug. 21 after Washington and Tehran inked an interim deal to reopen Hormuz la…

Strait of Hormuz threat level raised to 'severe' after Iran attacks tankers using U.S. Navy route

Iran's military has warned it will target ships that do not use a northern route approved by Tehran.

Trump's calls, Ukraine's strikes and Russia's barrage on Kyiv put markets on alert

Trump reportedly spoke with Putin and Zelenskyy as Ukraine struck Russian targets and Moscow launched another deadly attack on Kyi…

Cargo vessel in Red Sea reports coming under attack, UK maritime body says

The incident was reported in one of the world's most crucial trade transit routes amid a fragile ceasefire between Iran and the U.…

Oil prices little changed after Qatar says U.S. and Iran made progress during talks

Oil prices fell more than 1% on Wednesday after talks between Washington and Tehran concluded.

Extreme heat wave threatens U.S. power grids and July 4 travel

The heat wave threatens to overwhelm U.S. grids and may force some to change their plans on one of the busiest travel weeks of the…

Saudi Arabia has ramped up oil shipments through the Strait of Hormuz since U.S.-Iran deal

Saudi Arabia is restarting its export logistics in the Persian Gulf after a three-month pause, according to Kpler.

Oil prices fall after Trump says U.S.-Iran talks in Qatar are going well

Oil prices were lower on Wednesday after Iran said it would not meet with U.S. delegates for talks in Qatar, amplifying concern ab…

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