Ben Geman

U.S. officials are defending their work with Venezuelan businessman Alejandro Betancourt in the unprecedented White House move to effectively gain control over huge oilfields in the country.Why it ...

A climate group that backs Democrats is giving the party's 2028 hopefuls and campaign committees advice on how to capitalize on waning public support for data centers, a new memo shows.Why it matte...

Prominent figures in the Make America Healthy Again movement are telling President Trump that "data centers should not become the justification for burning more coal."Why it matters: The appeal, in...

The state of the global diesel market is getting even more precarious as the Russia-Ukraine war and the Iran crisis squeeze supply from multiple angles.Why it matters: Diesel prices ripple through ...

The wars in Iran and Ukraine show how the drone tech revolution makes it easier — and cheaper — to interrupt energy supplies by striking refineries and oil tankers.Why it matters: It's an important...

Data: Financial Modeling Prep; Chart: Ben Geman/AxiosOil prices jumped above $90 per barrel Sunday in the first major trading since the deaths of three U.S. service members and escalating Middle Ea...

Data: Financial Modeling Prep; Chart: Ben Geman/AxiosOil prices surged about 9% Monday to roughly $83 per barrel after President Trump claimed the U.S. was reinstating a naval blockade on Iran, add...

Data: Financial Modeling Prep; Chart: Ben Geman/AxiosOil markets are taking President Trump's claim that the Iran ceasefire is "over" seriously, but not literally.Why it matters: The price jump is ...

Crude oil prices fell over 4% to their lowest levels in over three months Sunday after the U.S. and Iran agreed to a ceasefire extension that could lead to the reopening of the Strait of Hormuz.Why...

Oil prices have defied predictions of even bigger increases than we've seen — but the markets' shock absorbers could easily wear out later this summer unless the Strait of Hormuz opens soon, analys...

Data: U.S. Energy Information Administration; Chart: Ben Geman/AxiosWith the Iran war now over 100 days old, here's the latest rolling snapshot of how it's driving changes in energy markets.The big...