oil and gas industry

Stopgap measures aren't enough to halt rising gas prices in the face of the Iran war

By Cathy Bussewitz, Associated Press

Hoping to ease some pain for consumers, President Donald Trump and other heads of state have been pulling on various levers, launching more oil on the market in a bid to calm the chaos.

Sanctioned Russian tanker docks in Cuba after U.S. allows passage

By Milexsy Duran, Associated Press

Cuba used to receive most of its oil from Venezuela, but those shipments were halted ever since the U.S. attacked the South American country and arrested its leader in early January.

What to know about Rice's whale, a rare species in the way of Trump's plans for more Gulf drilling

By Tammy Webber, Associated Press

Scientists fear that expanding oil and gas drilling in the Gulf of Mexico could push the giant mammal to extinction.

Trump's Endangered Species Committee exempts oil and gas drilling in the Gulf from rules

By Matthew Brown, Associated Press

Critics say the move could doom a rare whale species and harm other marine life. Nicknamed the “God Squad” by groups who say it can decide a species’ fate, the committee comprises several Trump administration officials.

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.

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.

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.

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.

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.