Soaring oil prices suggest that more increases could be in store for American drivers. Diesel, jet fuel, and other refined products are also becoming much more expensive.
Libya supplied 13.4 million tonnes of crude oil to Italy in 2025, making it the country’s largest supplier. Libyan crude accounted for nearly one-quarter of Italy’s total oil imports during the year.
The price of a gallon of gasoline hits its highest level in a year and a half on Friday. Surging oil prices suggest that the ...
Oil shot to its highest price since 2023 after surging again because of the Iran war, and a weak update on the U.S. job market knocked stocks lower to cap Wall Street's worst week since October.
Get insights into the top oil stocks. Learn the benefits and risks of investing in oil, and explore simple steps to begin your energy sector journey.
The rise in oil prices opens an uncertain scenario if the Middle East conflict drags on, but generates more money for the region's exporting nations.
A continental collision trapped oil within what is today Iran. The same collision explains why that oil is trapped behind the Strait of Hormuz now ...
Oil prices surged above $90 as the Strait of Hormuz crisis disrupts supply, sending gasoline prices higher and lifting energy stocks like XOM, CVX and VLO.
At the center of those concerns is the Strait of Hormuz, the narrow waterway through which roughly one-fifth of the world’s oil supply passes. While Iranian officials have denied initiating a blockade ...
Read Energy Digital's coverage of the Iran-US-Israel conflict, which explores how instability and war in the Middle East will effect the energy sector ...
Energy analysts are bracing for a possible oil supply shock after U.S. strikes on Iran reignited fears of disruptions in the Strait of Hormuz.
Iran, the third largest producer in the Organization of the Petroleum Exporting Countries, pumps about 4.5% of global oil ...