Oil shortage, high gas prices prompt debate on tapping Strategic Petroleum Reserve
With oil exports through the Strait of Hormuz halted, the International Energy Agency is meeting with G7 countries about whether they should tap their...
Last updated: 2026-03-11 12:43:52 ET
With oil exports through the Strait of Hormuz halted, the International Energy Agency is meeting with G7 countries about whether they should tap their...
The Strategic Petroleum Reserve is designed to cushion disruptions to U.S. oil supplies during emergencies.
Rising global oil prices triggered by the Iran war are increasing economic pressures across Africa, where most countries rely heavily on imported petr...
The U.S. is a net petroleum exporter and productivity is improving, but the bigger risk is stubborn inflation.
Oil prices have soared in the week since the U.S. and Israel launched their war against Iran, but President Donald Trump on Saturday downplayed the id...
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