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Tech industry
from24/7 Wall St.
1 week ago

Brent Crude Spikes to $117 on Iran Military Option Reports

Brent crude oil prices surged due to geopolitical tensions, impacting various sectors including upstream producers and refiners.
Europe news
fromThe Washington Post
1 month ago

For Russia, Trump's sanctions pause means more money to fight Ukraine

The U.S. Treasury's 30-day license allowing energy traders to purchase Russian crude on tankers without secondary sanctions risk undermines four years of sanctions designed to restrict Moscow's war financing.
fromwww.dw.com
2 months ago

US allows India's Russian oil purchases again

To ease the temporary gap of oil around the world, we have given them permission to accept the Russian oil. We may unsanction other Russian oil," US Treasury Secretary Scott Bessent told Fox News, indicating the administration's willingness to further relax restrictions on Russian energy sales to address global supply concerns.
World news
US politics
fromAxios
1 month ago

Trump's energy chief blames oil price spike on market fear

The administration attributes record fuel price surges to market fear and speculation rather than actual supply shortages, while implementing measures to mitigate costs during the midterm year.
Russo-Ukrainian War
fromwww.aljazeera.com
2 months ago

Russian oil will be sought': What are Moscow's gains from the war in Iran?

Russia's economy benefits from rising oil prices amid Iran-Israel conflict, despite publicly condemning the killing of Iranian Supreme Leader Khamenei.
US politics
fromFortune
4 months ago

President Trump stands ready to send U.S. Big Oil into Venezuela en masse, but the reality is messy and rebuilding a ruined industry takes many years | Fortune

Rebuilding Venezuela's oil industry will take many years and tens of billions of dollars, and U.S. oil companies are hesitant to invest.
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