Energy
Trump says India will stop buying Russian oil. Shadow fleet vessels are still unloading sanctioned crude at its ports
The oil tanker “Grinch” (R), suspected of belonging to the Russian’s shadow fleet, is seen outside the coast of Martigues near the port of Marseille-Fos on January 25, 2026, as it’s surveilled by the French Navy. Thibaud Moritz | Afp | Getty Images President Donald Trump announced a U.S. trade deal with India on Monday […]
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Rare earth stocks jump after Trump launches $12 billion critical minerals stockpile
US President Donald Trump speaks to the press about a critical minerals stockpile with $12 billion in initial funding, as Washington seeks to lower reliance on China for rare earths and other resources, in the Oval Office of the White House in Washington, DC, on February 2, 2026. Saul Loeb | Afp | Getty Images […]
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Why the catastrophe bond market is so hot right now
A local resident watches on as the remaining area of the Harcourt fire burns in the background on January 12, 2026 near Harcourt, Australia. Jesse Thompson | Getty Images News | Getty Images The catastrophe bond market shattered a host of records in 2025 — and many expect another banner year as investors flock to […]
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OPEC+ agrees in principle to keep oil output pause for March, sources say
Oil prices slipped on Tuesday, extending falls from the two previous sessions, as pressure from plans by OPEC to boost output offset optimism over a potential U.S.-China trade deal. Feifei Cui-paoluzzo | Moment | Getty Images OPEC+ has agreed in principle to keep its planned pause on oil output increases for March when it meets […]
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Trump says India will buy oil from Venezuela
U.S. President Donald Trump on Saturday said India will buy Venezuelan oil, helping to replace some of the Russian oil that the world’s third-biggest oil importer buys. “We’ve already made that deal, the concept of the deal,” Trump told reporters aboard Air Force One as he traveled to his vacation home in Florida from Washington. […]
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Iranian media report explosion at southern port of Bandar Abbas
An explosion occurred at Iran’s southern port of Bandar Abbas on Saturday, Iranian media reported, without giving a cause for the blast. The semi-official Tasnim news agency said that social media reports alleging that a Revolutionary Guard navy commander was targeted in the explosion were “completely false”. Iranian media said the blast was being investigated […]
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Chevron CEO says Venezuela is taking positive steps to protect private oil investment
Chevron CEO Mike Wirth said Friday that Venezuela has taken positive steps to protect investment by private oil companies since the Trump administration captured former President Nicolás Maduro. Venezuela on Thursday passed reforms to its hydrocarbon law that ease state control of the oil industry and grants private producers more autonomy. Wirth said Chevron is […]
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Exxon CEO says Venezuela needs to transition to democracy for oil investment to make sense
Exxon Mobil CEO Darren Woods said Friday that Venezuela needs to transition to democracy in order for investment in the South American nation’s dilapidated oil industry to make sense. President Donald Trump is pressuring oil companies to invest at least $100 billion in Venezuela to rebuild the country’s oil industry after the U.S. captured former […]
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Oil prices rise more than 2% as Trump weighs strikes on Iran
Crude oil prices rose more than 2% on Thursday as President Donald Trump weighed military strikes on OPEC member Iran. U.S. crude rose $1.56, or 2.5%, to $64.77 per barrel. Global benchmark Brent was up $1.59, or 2.3%, to $69.99 per barrel. Multiple sources told Reuters that Trump is weighing targeted strikes on Iranian security […]
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Oil prices rise after Trump says a ‘massive Armada is heading to Iran’
The USS Abraham Lincoln (CVN-72), a Nimitz-class nuclear-powered aircraft carrier, is shown at Naval Air Station North Island in San Diego, California, U.S. August 11, 2025. Mike Blake | Reuters Crude oil prices rose Wednesday after President Donald Trump warned Iran that a “massive Armada” is heading in its direction and time is running out […]
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