Trump Says Great Settlement on Iran to be Signed Soon and Strait Will Open
(Reuters) – U.S. President Donald Trump said on Thursday the Strait of Hormuz would be opened as soon as a “great settlement” of the war in Iran was signed, an…
Canada Oil Outages and Bad Weather to Tighten Inventories at Key US Storage Hub
By and Wet weather and Cenovus outage disrupt Western Canada oil supply Cushing inventories near operational lows as U.S. crude stocks fall Western Canadian crude inventories at lowest since 2020…
Trump Tells Fox News He’d Like to Take Iran’s Kharg Island
(Reuters) – U.S. President Donald Trump said on Thursday he would like to take over Iran’s oil infrastructure hub Kharg Island but he was not sure Americans have the appetite…
Americans Wary of AI-Driven Data Center Boom, Reuters/Ipsos Poll Shows
(Reuters) – Just one-in-three Americans approve of the fast pace of data-center construction that supports artificial intelligence and most would oppose building one in their own community, according to a…
Taking Kharg Island Would Pose Risks for US Troops
(Reuters) – President Donald Trump said on Thursday he wants to take over Kharg Island, Iran’s oil infrastructure hub. Analysts say the U.S. military could seize the island quickly, but…
US LEADS GLOBAL OIL PRODUCTION: Once an Arab Oil Embargo Victim, US Becomes World’s Top Oil Exporter
Summary US oil exports surge as Saudi, Russian exports disrupted by conflict and sanctions EU officials warn of risks in growing dependence on US energy supplies US oil boom driven…
Oil Falls as Traders Digest Escalation in US-Iran Strikes
Summary Iran closes Strait of Hormuz, threatens to fire on vessels attempting passage Talks intensifying to reach deal, Iranian sources say U.S. launches additional strikes on Iran, escalating tensions after…
US Offers to Loan Up to 40 Million Barrels of Oil From Strategic Petroleum Reserve
(Reuters) – The U.S.is seeking to loan energy companies up to 40 million barrels of crude oil from the Strategic Petroleum Reserve to help push fuel prices down, the Department…
US Energy Chief Says Not Aware of US Taking Oil Out of Iran
(Reuters) – U.S. Energy Secretary Chris Wright told a congressional hearing on Wednesday that he’s not aware that the U.S. has taken millions of barrels of oil out of Iran,…
Oil Steady as Investors Weigh Renewed US-Iran Fighting
Summary US launches new strikes on Iran after helicopter downed Tehran threatens to resume hostilities if Israel attacks Hezbollah US crude inventories fall for eighth week, raising supply concerns LONDON,…
