The Alaska Department of Natural Resources has tentatively decided that oil and gas exploration should be allowed on state land in the vicinity of the Yukon River. In a public notice published March 4 ...

As the cost of oil continues to soar, the Treasury Department on Friday lifted sanctions on 140 million barrels of Iranian crude already loaded onto vessels, which the Trump administration says will ...

WASHINGTON - President Donald Trump on Thursday (March 19) urged Japanese Prime Minister Sanae Takaichi to "step up" as he pressed allies for more support over the war with Iran and rising oil prices, ...

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Gen. Randy George, the U.S. Army’s top uniformed officer, was asked to step down Thursday by Defense Secretary Pete Hegseth. Pentagon officials have not given a reason for the departure, which comes ...

Iran will allow 20 more Pakistani ships to pass through the Strait of Hormuz, Pakistan’s Deputy Prime Minister said Saturday, calling the move “a harbinger of peace”—as reopening the strait is a key ...

A Russian tanker carrying oil to Cuba has entered the waters off the Communist-run island, Russian news agencies report. The oil shipment - the first to reach Cuba since January - comes hours after US ...

Oil prices slip 2% as diplomatic progress eases supply fears, but fragile talks keep volatility risks elevated. Nearly 20% of global oil flows through key shipping routes, keeping crude highly ...

MUMBAI, March 24 (Reuters) - Indian vegetable oil refineries are curtailing purchases of palm oil, soyoil and sunflower oil, betting that the Iran war-driven price rally will not last and that they ...

US Defence Secretary Pete Hegseth has called on allies to "step up" over the Strait of Hormuz, echoing earlier comments from President Donald Trump. On Tuesday morning, Trump wrote on social media to ...