Oil and Gas
Trump says he’s considering limited military strike against Iran
President Donald Trump prepares to board Air Force One en route to Florida, at Pope Army Airfield at Fort Bragg, North Carolina, Feb. 13, 2026. Elizabeth Frantz | Reuters President Donald Trump said Friday that he is considering limited military strikes to pressure Iran over its nuclear program. “I guess I can say I am […]
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Oil prices hit six-month highs after Trump warns Iran of ‘bad things’ if there’s no deal
US President Donald Trump speaks to reporters on Air Force One before taking off from Joint Base Andrews, Maryland on Feb. 19, 2026. Saul Loeb | AFP | Getty Images Oil prices hovered near six-month highs on Friday after U.S. President Donald Trump warned Iran that “really bad things” will happen if there was no […]
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Trump to decide whether to attack Iran in next 10 days — oil prices jump
US President Donald Trump delivers remarks during the inaugural meeting of the “Board of Peace” at the US Institute of Peace in Washington, DC, on February 19, 2026. Saul Loeb | Afp | Getty Images President Donald Trump said Thursday that he will decide whether to launch military strikes against Iran in the next 10 […]
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U.S. renews threat to quit the International Energy Agency over net zero agenda
The International Energy Agency (IEA) 2026 Ministerial Meeting and Energy Innovation Forum in the OCDE in Paris, France, on February 18 and 19, 2026. Nurphoto | Nurphoto | Getty Images U.S. Energy Secretary Chris Wright said on Thursday that the U.S. would “pressure” the International Energy Agency to move away from net zero — and […]
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Oil jumps more than 2% after Vance says Iran ignored key U.S. demand, military strikes on the table
Oil prices rose more than 2% on Wednesday, after Vice President JD Vance said Iran did not address U.S. red lines in nuclear talks this week and President Donald Trump reserves the right to use military force. U.S. crude oil rose $1.56, or 2.5%, to $63.89 per barrel. Global benchmark Brent was up $1.61, or […]
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Trump lauds Japan’s pledge to invest $36 billion in U.S. oil, gas and critical mineral projects
U.S. President Donald Trump speaks to journalists aboard Air Force One en route to South Korea on October 29, 2025 in Japan. Andrew Harnik | Getty Images News | Getty Images U.S. President Donald Trump has welcomed Japan’s pledge to invest nearly $36 billion in oil, gas and critical mineral projects in Texas, Ohio and […]
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Oil prices fall as Iran sees progress in nuclear talks with U.S.
Oil prices fell Tuesday after Iran’s foreign minister said progress was made during nuclear talks with the U.S., fueling hopes that negotiations could prevent another conflict in the Middle East. U.S. crude oil fell 56 cents, or 0.89%, to close at $62.33 per barrel. Global benchmark Brent lost $1.23, or 1.79%, to settle at $67.42. […]
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Iran partially closes Strait of Hormuz, a vital oil chokepoint, as U.S. talks get underway
Iranian Navy soldiers at an armed speed boat in Persian Gulf near the strait of Hormuz about 1320km (820 miles) south of Tehran, April 30, 2019. Morteza Nikoubazl | Nurphoto | Getty Images Iran partially closed the strategically vital Strait of Hormuz on Tuesday, state media reported, citing “security precautions” as Tehran’s Revolutionary Guards conduct […]
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Cuba suspends annual cigar festival as U.S. oil blockade deepens energy crisis
A female worker operates a machine during the rolling process at the mechanized cigar factory in Havana on May 8, 2025. Adalberto Roque | Afp | Getty Images An annual cigar festival in Cuba’s capital city of Havana, which had been due to take place over five days in late February, has been suspended until […]
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What’s next for Cuba? Trump turns the screws as the island runs out of jet fuel
Cuba’s President Miguel Diaz-Canel (C) takes part in the “Anti-Imperialist” protest in front of the US Embassy against the US incursion in Venezuela, where 32 Cuban soldiers lost their lives, in Havana on January 16, 2026. Yamil Lage | Afp | Getty Images Cuba’s communist-run government is facing its biggest test since the collapse of […]
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