Closures of Middle East oil terminals add to jitters about prices.
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Lebanon’s flag carrier has kept up its service while other airlines have cancelled all flights to and from the city
Finance ministers say they will monitor the market situation and might release strategic reserves if necessary to support global supply
The U.S. and the International Energy Agency are releasing oil from their reserves as the average price of a gallon of gas in the U.S. has jumped 15% since the Iran war began. Kelly O'Grady explains if the moves will…
President Donald Trump sought to reassure voters on rising gasoline prices during stops in Kentucky and Ohio on Wednesday, before turning his fire on Republican Congressman Thomas Massie — a frequent critic within his…
The US has expanded a temporary sanctions waiver on the purchase of stranded Russian oil from India alone to all countries worldwide as part of ongoing efforts to ease pressure on global energy prices.