While Iran can export 1.7 million barrels, Saudi Arabia, alone, has been able to increase production by three million barrels per day. President Joe Biden stated he was opposed to strikes on Tehran’s ...
Oil prices climbed this week as tensions in the Middle East escalated. A jump in oil prices automatically spurs fear of a ...
October began with some dour developments. Hurricane Helene ravaged parts of the Gulf Coast and Appalachia, killing more than ...
Israeli and US officials have indicated Iran's oil facilities could be a potential target in retaliation for its massive ...
OPEC+ has enough spare oil production capacity to offset any supply shocks from Iran if tensions escalate further.
Biden, in a rare appearance in the White House press briefing room, was responding to comments made by one of his allies, Sen ...
Bets for $100 a barrel crude are going up for both WTI and global benchmark Brent crude "because of the most significant risk to Middle Eastern oil supplies in decades," said Flynn.
Yet brakes remain to halt a regional fall into a wider conflagration that would lock Israel and Tehran into escalating conflict and suck in other nations, according to several people with experience i ...
Recent Chinese stimulus measures and ongoing Middle East turmoil are key factors impacting natural resources and commodity investments.
Follow NBC News' live coverage as the IDF targets Hezbollah leaders in Beirut and Iranian Supreme Leader Ayatollah Khamenei ...
Israel said it had targeted the intelligence headquarters of Hezbollah in Lebanon overnight and was assessing the damage on ...