Drones and Mines: Taking Kharg Island Would Pose Risks for US Troops

(Reuters) – President Donald Trump has been weighing whether to use ground forces to seize Iran’s strategic oil hub of Kharg Island, an operation analysts say could be achieved quickly,…

Stressed US Grid Forcing Data Centers to Get More Flexible

(Reuters) – The U.S. technology industry is being pushed to shrink its power use in times of high demand, amid growing public concern that Big Tech’s massive electricity needs for…

LNG Arbitrage Creates Winners From Energy Shock

By George Hay LONDON, March 27 (Reuters Breakingviews) – Gulf conflict has pushed European and Asian liquefied natural gas prices higher, but not American ones. Those with lots of US…

Oil Up Nearly 3% But Set for First Weekly Decline Since Start of Iran War 

Summary US extends Strait of Hormuz deadline to April 6 Investors remain wary of prolonged conflict Prices could hit $200 if war drags on, Macquarie analysts say (Reuters) – Oil…

Occidental’s Hollub, US Oil’s Most Powerful Woman, Prepares to Hand Over Reins, Sources Say

(Reuters) – Vicki Hollub is preparing to retire as chief executive of Occidental Petroleum, after her decade-long stewardship of the U.S. oil and gas company that made her one of…

Trump Says He Will Pause Attacks on Iran’s Energy Plants

By and WASHINGTON, March 26 (Reuters) – U.S. ​President Donald Trump said on Thursday he was pausing attacks ‌on Iran’s energy plants for 10 days at what he cast as…

Oil Settles Up Nearly 6% as Investors Fear Further Middle East Escalation

By Iran says it is reviewing US proposal, has no interest in talksUkrainian attacks, tanker seizures halt 40% of Russia oil export capacityHouthi movement says it stands ready to strike…

Big Oil to Reap Billions From Iran War Windfall After a Month of Soaring Energy Prices

By , and Oil prices surge due to Iran conflict, boosting profits Analysts revise Chevron, Shell earnings estimates upwards Middle East disruptions may hurt oilfield-service companies HOUSTON, March 26 (Reuters)…

Trump Says Iran’s ‘Present’ to US Was Allowing 10 Oil Tankers Through Hormuz

(Reuters) – U.S. President Donald Trumpsaid on Thursday that Iran was letting10 oil tankers transit the Strait of Hormuz as an apparent goodwill gesture in negotiations. Trump made the comments…

US Proposal to End War is ‘One-Sided’, Door to Diplomacy Still Open, Iranian Official Says

(Reuters) – Iran’s initial response to the U.S. proposal to end the war, which was conveyed to Pakistan, was that it was “one-sided and unfair”, a senior Iranian official told…