Neutral
Last updated: 2026-06-24 09:23:17 ET
US President Donald Trump said on Wednesday that he has instructed the Department of Justice to look into oil companies for not lowering gasoline p...
The president's remarks come as global oil prices have fallen but remain higher than before the US-Israel war with Iran.
U.S. President Donald Trump intensified pressure on oil companies to lower gasoline prices following the recent decline in crude.
Big oil tankers are commanding $280,000 a day to head into the Persian Gulf to pick up cargoes, danger notwithstanding.
It will enrich an adversary
Iran is likely to assert newfound control over the gateway to the Persian Gulf and its crude oil stockpiles. The post War’s over, but ocean rates fa...
The U.S. economy got some relief in June from declining oil prices and the start of the 2026 World Cup, but it’s still feeling the strain from the ...
The U.S. Treasury Department issued a two-month license for Iran to produce, sell and deliver oil without placing U.S. penalties on buyers. The agreem...
With the central route of the Strait of Hormuz laden with mines, ships are taking the northern route in Iranian waters or the southern path in Omani w...
The U.S. issued a sweeping rollback of sanctions on Iranian oil, offering Tehran an economic lifeline as negotiations toward a peace deal proceed.
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