Treasury Secretary Scott Bessent estimated that the move would add about 140 million barrels of crude to the oil market.

By Rajesh Kumar Singh March 20 (Reuters) - United Airlines said on Friday it would cut its scheduled flights by 5% in the ...

The U.S. Energy Department ​said it had awarded contracts to loan 45.2 ‌million barrels of crude oil from the Strategic Petroleum Reserve as of Friday.

Energy experts forecast more pain for consumers and businesses as the war in the Middle East shows no signs of easing.

Hungarian Prime Minister Viktor Orbán on Friday raised the prospect of further actions his government could take against ...

Iran’s oil exports hinge on a small outpost in the Persian Gulf: Kharg Island, the loading point for almost all of the ...

A Middle East oil benchmark that’s typically used to price the bulk of crude supply from across the region has been tweaked ...

A U.S. defense official said that thousands more Marines are being deployed to the Middle East on an accelerated timeline.

The Trump administration temporarily paused sanction on Iranian oil “stranded at sea” Friday in an effort to curb soaring prices. “Today, the Department of the Treasury is issuing a narrowly tailored, ...

Damage to a critical Qatari facility is threatening to keep energy prices high around the world even if the war in Iran ends ...

Trump administration officials are making a desperate push to secure every available barrel of oil amid a worsening energy crisis — even if it means lifting sanctions on the very country that they’re ...

Iran enters Persian New Year still offline Iran is entering the Persian New Year in “digital darkness,” an online monitoring ...