Browsing: oil

President Trump claimed Sunday that Iran’s oil infrastructure may explode in about three days due to mechanical issues exacerbated by the US blockade on its vessels.…

The German company that owns Lufthansa Airlines and other European carriers said Tuesday that it would cut 20,000 short-haul flights through October as the Iran war…

US stocks fell and oil prices surged Monday morning as tensions over the Iran war heated up again, after President Trump announced the US Navy had…

Oil prices seesawed Monday morning as the next stage of the Iran war remained unclear — with President Trump threatening heavy attacks but reports indicating regional…

OPEC+ agreed on Sunday to raise its oil output quotas by 206,000 barrels per day for May, a modest rise that will largely exist on paper…

US stock futures plunged Thursday morning as oil prices surged after President Trump vowed to hit Iran “extremely hard” in the coming weeks and failed to…

US stocks posted mixed results and oil prices went on a wild ride Monday as President Trump signaled a possible end to the war in Iran,…

US stocks fell Thursday morning and oil prices jumped 4% as President Trump warned Iranian negotiators they “better get serious soon” amid conflicting reports over peace…

The strait is just 35 miles wide, but before the war began, a quarter of the world’s seaborne oil and one-fifth of its gas traversed through…

Valero said the fire is out, all employees were accounted for, and that there were no “recordable” injuries.PORT ARTHUR, Texas (KTRK) — An investigation is underway…