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U.S. gasoline hits  per gallon, highest since 2022, as Iran war drives up fuel prices
World

U.S. gasoline hits $4 per gallon, highest since 2022, as Iran war drives up fuel prices

U.S. gasoline prices have surged above $4 per gallon for the first time in more than three years, as the oil supply shock triggered by the Middle East war rapidly drives up costs for families. Prices at the pump hit a nationwide average of $4.018, the highest level since August 2022 when Russia’s war against […]

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How the big oil and gas CEOs think the Iran war supply disruption will play out
World

How the big oil and gas CEOs think the Iran war supply disruption will play out

HOUSTON — The CEOs of the world’s most influential oil and gas companies delivered a sobering message this week about the impact of the Iran war on energy supplies and the long-term consequences for the global economy. The executives gathered in Houston, Texas, for S&P Global’s annual CERAWeek energy conference to take stock of the […]

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World has ‘never experienced’ soaring refining margins like this, TotalEnergies CEO tells CNBC
World

World has ‘never experienced’ soaring refining margins like this, TotalEnergies CEO tells CNBC

Roughly 15% of TotalEnergies’ production is offline, as the war with Iran nears the one-month mark, but surging oil prices have more than made up for the lost barrels, chairman and CEO Patrick Pouyanné told CNBC in an exclusive interview. With Brent crude trading solidly above $100 a barrel, much of the attention has focused […]

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White House to pay TotalEnergies  billion to kill off East Coast wind farm projects
World

White House to pay TotalEnergies $1 billion to kill off East Coast wind farm projects

An aerial view of wind turbines at the Altamont Pass wind farm on January 13, 2026 in Livermore, California. Justin Sullivan | Getty Images The White House has agreed to pay TotalEnergies $1 billion to shelve East Coast wind farm projects that it condemned as “costly,” with the French energy giant’s investment set to be […]

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Asia wants more U.S. oil and gas to reduce Middle East dependence after Iran war, Burgum says
World

Asia wants more U.S. oil and gas to reduce Middle East dependence after Iran war, Burgum says

HOUSTON — Asian countries want to buy more U.S. energy to reduce their dependence on oil and gas exports from the Middle East, Interior Secretary Doug Burgum told CNBC on Monday. Japan, South Korea and Taiwan rely heavily on exports through the Strait of Hormuz. Oil tanker traffic through the strait has plunged as Iran […]

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Traffic is trickling through Strait of Hormuz: Who’s moving through and who’s still stranded or diverting
World

Traffic is trickling through Strait of Hormuz: Who’s moving through and who’s still stranded or diverting

Commercial vessels are pictured offshore in Dubai on March 11, 2026. – | Afp | Getty Images Iran’s de facto blockade of the Strait of Hormuz has stoked fears of the gravest disruption to global oil supply in history, as the Middle East conflict stretches into its third week. The blockade has squeezed shipping traffic […]

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Price caps, taking the stairs, and short-sleeved shirts: How countries are coping with the Iran war energy shock
World

Price caps, taking the stairs, and short-sleeved shirts: How countries are coping with the Iran war energy shock

A fuel nozzle is inserted into a combustion engine at a petrol pump at a filling station during a refueling process. Picture Alliance | Picture Alliance | Getty Images Countries around the world have scrambled to cope with the fallout of the energy shock from the Iran war, imposing measures from fuel export bans, loosening […]

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Top permitting-reform Republican, Democratic senators meeting as talks thaw: API chief
Technology

Top permitting-reform Republican, Democratic senators meeting as talks thaw: API chief

U.S. Sen. Shelley Moore Capito (R-WV) speaks to the media following the weekly policy luncheons at the U.S. Capitol on June 21, 2023 in Washington, DC. Kevin Dietsch | Getty Images Senate Environment and Public Works Committee Chair Shelley Moore Capito and ranking Democrat Sheldon Whitehouse are meeting to discuss reforming the federal energy permitting […]

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Iran war and stocks: Why Global X says ‘it might be time to double down’ on emerging markets
Finance

Iran war and stocks: Why Global X says ‘it might be time to double down’ on emerging markets

ETF Edge Iran war and stocks: Why Global X says ‘it might be time to double down’ on emerging markets Published Thu, Mar 5 20267:00 AM EST Blair Bao WATCH LIVE Source

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These U.S. natural gas exporters benefit from disruption to Qatar LNG supply in Iran war
World

These U.S. natural gas exporters benefit from disruption to Qatar LNG supply in Iran war

U.S. natural gas exporters are poised to benefit from the big disruption in global supply caused by the escalating war in the Middle East. Qatar halted production of liquefied natural gas Monday after Iran struck two key facilities in retaliation for the massive U.S.-Israel airstrikes that killed the Islamic Republic’s head of state, Ayatollah Ali […]

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