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Future conflicts may be decoupled from oil shocks, giving Western powers more freedom to engage politically in the region without immediate energy security concerns.

Oil prices jumped on Wednesday morning after the EIA confirmed a larger than expected draw in crude oil inventories along with significant draws in gasoline and ...

If Iranian oil firms rushed to pump crude in preparation for a possible tightening of U.S. sanctions, then they were in for a treat: On June 24, U.S. President Donald Trump posted on Truth Social ...

Oil prices fell sharply Tuesday, returning to levels last seen before the Iran-Israel conflict, as investors cheered news of a ceasefire, albeit fragile, between the two countries.

The embattled Adams, who is running for reelection as an independent, called the 33-year-old Mamdani a “snake oil salesman” for promoting policies for free buses, affordable housing and no ...

American oil chieftains and their lobbyists have urged Trump and his cabinet members to use ongoing trade talks with the European Union to push for a rollback of two major climate laws in the ...

Strategic petroleum reserves (SPRs) are critical to stock up crude oil to ride out shocks. Now, India is planning six more such locations to house oil reserves, and Engineers India Ltd is studying ...

US Treasury sanctions Iranian oil smuggling networks, including vessels and companies linked to Salim Ahmed Said, intensifying efforts to disrupt Iran’s oil exports and terrorism financing.

Shell denied that it was in talks to buy BP after the Wall Street Journal reported Wednesday that the oil major was in early discussions over a takeover of its British rival.

Democratic socialist Zohran Mamdani tops NYC mayoral race after primary win over Cuomo, as Mayor Adams slams his proposals and discusses independent run.

Trump, having brokered a ceasefire between Israel and Iran, posted to Truth Social that China could continue purchasing Iranian oil.