The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.

OPEC+ confirmed another 411,000 bpd production increase for July, but oil prices rose instead of falling. Additional supply disruptions from Alberta wildfires and strong seasonal demand ...

Hurt by weakening demand and depressed prices, US oil output is expected to shrink in 2026 for the first time since the Covid-19 pandemic and just the second time in the past decade.

A price drop benefits any country seeking to cut its fuel bill. But in oil producing nations, lower prices can feed economic troubles, and sometimes political unrest, as governments slash spending.

Oil prices are climbing once more. Although fundamentals such as supply and demand continue to be significant, the latest spike is largely unrelated to seasonal trends or economic expansion ...

US oil prices sank below $60 a gallon on Monday as fears worsened that President Donald Trump’s stiff tariffs could push the US into a recession – and analysts warned of a potential “eye ...

The benchmark U.S. crude oil price settled at $72.98 a barrel Friday afternoon in the United States, up 7 percent. Prices briefly topped $77 a barrel shortly after the attack began.

Oil prices spent the first quarter of the year trading in a range between $69.28 and $82.03, ... The country has previously doubled down on borrowing during times of lower oil prices, ...

Oil prices have dropped over tariffs and tensions within OPEC+. What does that mean for Saudi Arabia’s “giga-projects?” ...

Oil prices retreated on Monday after the Trump administration pulled back from sanctions threats against ... Trump Launches $500 Billion AI Initiative in the Heart of America’s Oil Country; ...

Crude oil prices rallied more than 2% on Wednesday as OPEC+ announced that it has adopted a plan for establishing output quotas for 2027, ahead of a July review. According to a CNBC report, OPEC+ ...