Energy
BP Profits Double to $3.2B as Iran Conflict Drives Oil Prices Higher
BP's first-quarter profit hit $3.2 billion, doubling year-over-year, as the Iran war sent oil prices soaring. The energy
Energy
UAE to Quit OPEC on May 1 After Production Policy Review
The UAE announced its departure from OPEC and OPEC+, effective May 1, following an internal policy review and amid dispu
Energy
Trump Extends Jones Act Waiver to Ease Gas Prices Amid Iran Conflict
The Trump administration extended a Jones Act waiver for 90 days to reduce fuel costs amid the Iran war. A new poll find
Energy
Navigating Flight Cancellations as Middle East Conflict Drives Up Jet Fuel Prices
Airlines worldwide are canceling flights as the Middle East conflict pushes jet fuel prices higher. Travelers face a pat
Energy
IEA Chief Warns Global Energy Security at Historic Breaking Point Amid Iran War
IEA chief Fatih Birol warns the world is confronting its most severe energy security crisis, with the Iran war shutting
Energy
Gallup Poll Shows Declining Public Support for Wind and Solar Energy
A new Gallup survey indicates American support for prioritizing wind and solar energy has declined from 2021 levels, tho
Energy
Geopolitical Tensions Drive Global Shift to Renewables and Nuclear for Security
Recent Middle East instability has forced nations to prioritize energy security through renewables and nuclear power, wh
Energy
Federal Judge Blocks Trump Administration Rules That Would Slow Renewable Energy Projects
A federal judge has temporarily blocked enforcement of Trump administration policies designed to slow wind and solar ene
Energy
Markey Accuses Trump of Creating 'Energy Apocalypse' in Strait of Hormuz
Senator Ed Markey (D-Mass.) sharply criticized the Trump administration's handling of the Strait of Hormuz situation, st
Energy
Trump Administration Splits on Gas Price Forecast as Iran Conflict Fuels Economic Anxiety
The Trump administration is delivering conflicting projections on gasoline prices, with the President publicly contradic
Energy
Administration Divided on Gas Price Timeline as Iran Conflict Weighs on Midterms
Conflicting forecasts from President Trump and Energy Secretary Chris Wright on gasoline prices reveal administration di
Energy
Oil Prices Surge 5% as Iran Blocks Strait of Hormuz, Wall Street Holds Near Record Highs
Brent crude surged 3.8% to $93.84 after Iran re-closed the Strait of Hormuz, while U.S. equity indices dipped modestly,
Energy
Energy Secretary Wright: Gas Prices May Not Fall Below $3 Until 2025 Amid Hormuz Crisis
Energy Secretary Chris Wright stated that a return to sub-$3 gasoline may be delayed until next year, as prices remain e
Energy
Trump Administration Sets June Auction for Arctic Refuge Drilling Rights
The Trump administration has scheduled a June 5 auction for oil and gas drilling leases in Alaska's Arctic National Wild
Energy
IEA Chief Warns Europe Faces Six-Week Jet Fuel Countdown Amid Hormuz Crisis
The International Energy Agency chief warns Europe faces jet fuel depletion in roughly six weeks if the Strait of Hormuz
Energy
Trump Administration Moves to Dismantle Decades of Energy Efficiency Standards
The Trump administration is dismantling energy efficiency standards for appliances and vehicles, reversing decades of bi
Energy
Bessent Predicts $3 Gas Possible by Fall, Hinges on Hormuz Negotiations
Treasury Secretary Scott Bessent said a resolution to the Strait of Hormuz blockade could bring U.S. gas prices down to
Energy
Chevron Executive Urges Conservation as Iran Conflict Disrupts Global Energy Markets
A senior Chevron executive has publicly advised Americans to drive less to mitigate soaring fuel prices caused by the on