Oil markets are weighing the prospects of a US–Iran framework agreement even as fresh American strikes on Iranian missile ...

D uring the first Gulf war in 1991, Iraqi troops occupying Kuwait deliberately opened the taps of oil tankers, terminals and ...

First Gulf oil and gas lease sale since 2023 drew 219 bids across 1.02 million acres. Auction held under Trump’s One Big Beautiful Bill Act, mandating 30 offshore sales in 15 years. High bids totaled ...

Experts say Trump's blockade is squeezing Iran so hard the regime may be dumping excess crude into the Persian Gulf as ...

Add Yahoo as a preferred source to see more of our stories on Google. A map of the Gulf Coast showing shaded areas of the lease stretching from Texas to Florida (Image credit: U.S. Bureau of Ocean ...

The conflict is not only sapping oil revenue, but also Gulf states’ efforts to expand their economies beyond it.

Texas gas prices could approach $4.50 a gallon this summer if the situation in the Middle East continues for another three to five weeks, according to an industry analyst. Matt Smith, an oil market ...

The now twice extended ceasefire between the US and Iran and ongoing talks towards peace give hope that the war ends soon. If a sustainable agreement is finally reached – and as we write it’s still a ...

The Trump administration on Tuesday exempted oil and gas drilling in the Gulf of Mexico from the Endangered Species Act after Defense Secretary Pete Hegseth said environmentalists' lawsuits threatened ...