Tag: Oil (Petroleum) and Gasoline
Mideast Oil Exports Rebound Even as Prices Remain Elevated
More tankers are moving through the Strait of Hormuz as shippers gain confidence, but the global supply of oil is still below demand.
Oil Prices Climb on Continued Impasse in U.S.-Iran Talks
President Trump rejected Iran’s proposal over the weekend, calling it “unacceptable,” but Iran said it was still waiting for “definitive news” from Washington.
Iran Still Awaits ‘Official’ U.S. Response Despite Trump’s Rebuff of Cease-Fire Offer
Abbas Araghchi, Iran’s foreign minister, said a history of contradictory messaging meant that President Trump’s rejection might not be a final position.
Why a U.S. Diesel Export Ban May Not Lower Prices
President Trump has said he is considering restricting overseas sales of the fuel to bring down domestic prices, but experts say the policy will have many unintended effects.
Oil Prices Rise and Bond Markets Remain on Edge
The rise came a day after a sharp sell-off in government debt.
U.S. Energy Secretary Defends War on Iran Despite Increased Fuel Costs
U.S. Energy Secretary Chris Wright defended the country’s war on Iran despite increased fuel costs and political ramifications.
How Trump’s Iran War May Sink Republican Midterm Chances
How the president might be supercharging what already looked like a blue wave.
Trump Says He Supports Banning Diesel Exports to Bring Down Prices
Diesel prices have been setting records because of the war in Iran, but the oil industry say banning U.S. exports would not make the fuel cheaper.
Global Oil Price Drops Below $100 a Barrel
Investors anticipated that a damaged Saudi Arabian pipeline may be close to reopening, allowing more oil from the region to reach world markets.
Iraq’s Prime Minister Al-Zaidi Vows to Disarm Iran-backed Militias
Ali al-Zaidi is a political neophyte hoping to succeed where previous leaders failed. In an interview, he laid out an ambitious timeline that could prove hard to meet.