Oil prices rise after the US says it would block Iranian ports
Oil prices rose in early market trading Sunday after the U.S. said it would blockade Iranian ports beginning…
Global oil shocks less damaging after lessons learned in ’70s
WASHINGTON — The world economy is experiencing a disorienting flashback to the 1970s. Oil prices are once again surging in…
Stocks drift lower and oil prices ease ahead of planned U.S.-Iran talks
NEW YORK — Stocks drifted mostly lower on Wall Street and oil prices slipped ahead of planned U.S.-Iran talks following…
Strait of Hormuz Traffic Still Stalled Despite US-Iran Ceasefire
The two-week ceasefire between the US and Iran has yet to restore normal shipping through the Strait of…
Stocks recover from early losses and close with a weekly gain as oil tops $110 a barrel
Stocks shook off an early stumble to finish with slim gains on Wall Street Thursday and close out…
Cuba to receive a sanctioned Russian oil tanker, the first such delivery this year
HAVANA — Cuba prepared on Monday to receive a sanctioned Russian tanker carrying roughly 730,000 barrels of oil, marking the…
Trump says he’ll allow Russian oil tanker bound for Cuba
ABOARD AIR FORCE ONE — President Trump said Sunday night that he has “no problem” with a Russian oil tanker…
Iran exports continue despite Strait of Hormuz closure
About 90 ships including oil tankers have crossed the Strait of Hormuz since the outset of the war…
Trump administration orders restart of California coastal oil drilling
President Trump is asserting executive authority to demand the controversial resumption of offshore oil drilling along California’s coastline…
Stocks lose ground as war with Iran keeps pressure on oil prices
Wall Street’s losses deepened Friday as the ongoing fallout from the war in Iran keeps pushing oil prices…
Crude oil prices surpass $100 a barrel as the Iran war impedes production and shipping
CHICAGO — Oil prices have eclipsed $100 per barrel for the first time in more than 3½ years as the…
A boost for Moscow in the shadow of Iran war: U.S. allows India to buy Russian oil for a month
FRANKFURT, Germany — The U.S. Treasury Department’s decision to allow India to buy Russian oil for 30 days underscores a…