Israel attacked Iran's largest gas processing facility located in Bushehr Province, according to reports in the Times of Israel and Jerusalem Post. Iran threatened to strike oil facilities in Saudi ...

Motorists are paying sharply higher fuel prices since the outbreak of the Iran war, despite the U.S. being the world's largest oil producer. Why? After all, as of 2023 (the latest data available), the ...

China's energy supply forms a "relatively good" foundation for responding to external market volatility, said Fu Linghui, spokesperson at the National Bureau of Statistics. The bureau also announced ...

Secretary of Energy Chris Wright told NBC News that the Trump administration aims to bring gas prices back under $3 by summer. Photo: Daniel Heuer/Bloomberg News American oil executives delivered a ...

U.S. crude oil hit $100 per barrel Sunday, continuing its surge as the U.S.-Israeli war with Iran shows no signs of ending soon and despite attempts by the Trump administration and allied countries to ...

Oil pumping operations are expected to begin imminently off the coast of California after President Trump issued an executive order Friday to resume oil drilling operations near Santa Barbara, The ...

The Strait of Hormuz disruption has shattered the long-held belief in a global oil glut, revealing that the market was actually running with very thin spare capacity and fragile supply chains. Even a ...

Add Yahoo as a preferred source to see more of our stories on Google. A foreign tanker carrying Iraqi fuel oil was damaged in an attack on Thursday morning - Reuters The United States has temporarily ...

President Donald Trump said that America benefits when oil prices increase because the nation is the world's biggest oil producer, but added that he considers blocking Iran from obtaining nuclear ...

Given the energy disruptions in the Middle East since the start of the war with Iran and the topsy-turvy fluctuations in the price of crude oil ever since, here are five facts Americans should be ...

On Wednesday, the International Energy Agency (IEA) announced member nations would release a total of 400 million barrels from their strategic reserves of oil, as the war in Iran continues to cause ...

The International Energy Agency said Wednesday that member countries had unanimously agreed to release 400 million barrels of oil from their reserves in a bid to ease prices that are soaring due to ...