Renewed US-Iran fighting, including strikes on tankers and bases, pushed crude oil above $90 and slashed Strait of Hormuz traffic to four ships, raising global

Chevron plans more than $7 billion in investment to double Venezuelan production following a US deal giving Washington control over a fifth of the country's oil

President Trump met with oil executives at the White House, pressing them to lower gasoline prices amid war-driven crude spikes.

EIA data showed a larger-than-expected crude draw as the Strategic Petroleum Reserve moves closer to critical levels, tightening supply.

A broad selloff hit equities as rising oil prices fueled inflation concerns and pushed Treasury yields higher, snapping a three-day skid.

OPEC+ is likely to leave production policy unchanged at its October meeting, despite ongoing supply disruptions from the US-Iran conflict.

The IEA chief said global energy security is at risk if the Strait of Hormuz remains disrupted for weeks, highlighting the severity of the blockade.

The US-Iran conflict and Hormuz disruptions are driving countries to accelerate strategic oil stockpiling efforts.

Global diesel refining margins reached record levels and US diesel prices hit their highest since April as supply tightens.

Analysts warn that critically low Strategic Petroleum Reserve stocks leave the US with limited cushion against further oil price spikes.

Drivers faced the highest-ever Labor Day gas prices nationwide as the US-Iran conflict pushed crude costs higher.

Europe's largest budget airline warned that soaring jet fuel prices could collapse less-hedged competitors and cut winter traffic targets.

With the Strait of Hormuz effectively blockaded, Qatar and the UAE resorted to ship-to-ship LNG transfers outside the waterway to maintain exports.

European natural gas prices climbed to a three-year high as the Hormuz crisis and geopolitical tensions pressured supply.

President Trump reportedly warned oil executives against price gouging while his own portfolio shows recent purchases of refiner stocks.

Azerbaijan's state oil company signed a preliminary deal for a $1.65 billion stake in Haynesville natural gas assets operated by Comstock.

Repeated Ukrainian drone strikes on Russian refineries have knocked out capacity, forcing Moscow to seek crude processing outside its borders.

AI-powered electricity demand is driving a wave of large-scale natural-gas-fired power plant and infrastructure deals across the US.