Mar 31 What experts say about the risks of U.S. seizing Iran's Kharg Island By Ben Finley, Sam Metz, Associated Press The island — located on the other side of the Persian Gulf from U.S. bases in Kuwait and Saudi Arabia — is the beating heart of Iran’s oil industry. Continue reading
Mar 30 WATCH: Fed Chair Powell addresses energy price spikes, challenging job market in Harvard conversation By Michael Casey, Associated Press Federal Reserve Chair Jerome Powell said Monday that it is important to closely monitor inflation amid a spike in energy prices from the Iran war. Continue reading
Mar 24 Energy executive Alan Armstrong picked to fill Mullin's Senate seat through end of year By Sean Murphy, Associated Press The choice by Republican Gov. Kevin Stitt, who had pledged to pick a “conservative voice” to fill Markwayne Mullin's seat, elevates to the Senate the chairman and former CEO of Williams Companies, a major pipeline operator based in Tulsa. Continue reading
Mar 19 Iran intensifies attacks on Gulf energy sites after Israel struck its key gas field By Jon Gambrell, David Rising, Mike Corder, Natalie Melzer, Associated Press The strikes, in retaliation for an Israeli attack on a key Iranian gas field, sent fuel prices soaring and risked drawing Iran’s Arab neighbors directly into the conflict. Continue reading
Mar 12 Trump suggests high oil prices are a positive after bragging about low gas prices last month By Josh Boak, Associated Press The about-face comes as Trump's team has struggled to offer a clear plan for opening up the critical Strait of Hormuz so that tankers full of oil and natural gas are no longer stranded. Continue reading
Mar 12 Should drivers turn to EVs as the war spikes gas prices? Here's what to know By Alexa St. John, Tammy Webber, Associated Press Drivers of gas-powered vehicles are much more vulnerable to fluctuating prices that result from global conflict than those who charge their cars. Continue reading
Mar 11 The Iran war and surging oil prices are affecting consumers. Here's how By Cathy Bussewitz, Mae Anderson, Christopher Rugaber, Associated Press You don't have to drive a car to be affected. Continue reading
Mar 11 Wealthy nations pledge a record release of emergency oil reserves in bid to calm surging prices By Samuel Petrequin, Kirsten Grieshaber, Associated Press The Paris-based organization said it will make 400 million barrels of oil available from its members’ emergency reserves. Continue reading
Jan 09 WATCH: Trump meets with oil executives to seek investments in Venezuela By Josh Boak, Aamer Madhani, Associated Press President Donald Trump on Friday called on oil executives to rush back into Venezuela as the White House looks to quickly secure $100 billion in investments to revive the country's ability to fully tap into its expansive reserves of petroleum. Continue reading
Jan 09 U.S. intercepts 5th sanctioned tanker as it exerts control over Venezuelan oil distribution By Konstantin Toropin, Aamer Madhani, Associated Press U.S. forces boarded another oil tanker in the Caribbean Sea, according to the U.S. military on Friday, as the Trump administration continues to target sanctioned tankers traveling to and from Venezuela. Continue reading