The Treasury Department said it would temporarily allow the sale of sanctioned Iranian oil already at sea, a step officials ...

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.

The fuel-starved Caribbean island is facing its biggest test since the collapse of the Soviet Union under a U.S. oil blockade ...

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 ...

If the U.S. had followed Jimmy Carter’s renewable energy strategy, our economy would not be held hostage by the fate of the ...

The agency last week agreed to release emergency stocks but said Friday that the demand side is also a crucial part of the ...

Treasury Secretary Scott Bessent said the U.S. won't intervene in oil futures markets, focusing on physical crude supply to ...