Lisa Friedman

The Trump administration has been pushing U.S. oil companies like Chevron to invest more in Venezuela’s oil industry.

Forced away from the Strait of Hormuz in the Persian Gulf, the Saudis turned to the Red Sea. Now they are relying on a less dangerous but more complicated detour via the Suez Canal.

More vessels are navigating the Strait of Hormuz with their location devices turned off to evade attacks by Iran, adding to the threat of collisions.

The move to repeal the ‘roadless rule’ would pave the way for road construction and logging in nearly 45 million acres of untouched back country.

Even if a cease-fire materializes, Gulf exporters recognize that relying strictly on the Strait of Hormuz is a risk they can no longer take.

Higher oil prices propelled a quarterly earnings jump for Saudi Arabia’s energy giant, which used pipelines to work around disruptions in the Strait of Hormuz.

Higher oil prices propelled a quarterly earnings jump for Saudi Arabia’s energy giant, which used pipelines to work around disruptions in the Strait of Hormuz.

Across Europe, reserves of natural gas for use in the winter months are lagging, meaning continued higher prices for households and businesses.

Europeans say they fear a rising dependence on American energy even with a Jan. 1 deadline to end liquefied natural gas imports from Russia.

With the Strait of Hormuz effectively closed, the militant group’s threats in the Red Sea jeopardize Saudi Arabia’s main workaround for oil exports.

For decades, OPEC influenced the market by how much oil it produced. But China, the largest importer, is demonstrating its remarkable power over prices.

The renewed hostilities posed fresh risks to ships seeking to navigate the Strait of Hormuz.

Oil prices are likely to remain volatile as long as the United States and Iran are unable to resolve the status of the Strait of Hormuz.

The cartel’s decision comes as U.S.-Iran talks to end the war have eased pressure on oil supplies, even as broader market and political volatility persists.

The cost of crude has become a real-time barometer of the Iran war’s toll on the global economy.

More oil is getting out of the Persian Gulf, but the region’s producers are looking for signs that it is safe as they ramp up plans for alternative routes.

As the midterm elections approach, many leading Democrats are rethinking their approach to climate change.

An auction to drill in the Arctic National Wildlife Refuge ended with just 10 percent of the available land claimed for oil development.

The forthcoming order echoes President Trump’s decision to repeal executive orders that have protected other public lands from vehicles for decades.