While Asia and Europe Scramble for Natural Gas, the US Glut Has Nowhere to Go

(Reuters) – The war with Iran has boosted prices of globally traded natural gas by throttling exports from the Gulf. In West Texas, gas is so abundant that some producers…

US Naval Blockade Squeezes Iran’s Oil Exports, Forces Crude Onto Floating Storage

(Reuters) – A U.S. naval blockade of Iranian ports has shrunk Tehran’s oil exports, stranding a growing stockpile of crude on tankers as Iranian storage sites run out of space,…

Californians Now Paying 6 Bucks a Gallon for Kicks on Route 66

The price of gasoline is displayed at a gas station near the highway in Encinitas, California, U.S., April 30, 2026. REUTERS/Mike Blake Summary Companies Iran conflict disrupts global oil flows,…

Why $100 Oil is No Longer Spooking Equity Markets

(Reuters) – Why have global equity markets been so resilient to the Iran oil shock? Because $100 a barrel oil doesn’t mean what it used to. Brent crude has risen…

US Has More Natural Gas Than It Can Use as War Chokes Global Supply

By , , , and A gas flare near Mentone, Texas. Photographer: Bronte Wittpenn/Bloomberg Get the Latest US Focused Energy News Delivered to You! It’s FREE: As the Iran war…

Steady Oil Prices Set for Weekly Gain as Iran War Rumbles On

Summary Brent crude and WTI on track for strong weekly gains UAE’s Gargash says unilateral Iranian arrangements for Hormuz can’t be trusted Iran threatens painful response if U.S. renews attacks…

TC Energy Approves $1.5 billion Columbia Gas Expansion After Profit Tops Estimates

By Reuters (Reuters) – Canada’s TC Energy  approved a $1.5 billion Columbia Gas expansion project on Friday after its first-quarter ​profit narrowly beat analysts’ expectations, driven by strong performance in its…

Trump Signs Order Authorizing Bridger’s Canada-Wyoming Crude Pipeline

  Trump signs order authorizing pipeline project partially reviving Keystone XL line The proposed project will transport Canadian ‌crude from the U.S.-Canada ​border to Wyoming U.S. President ‌Donald ​Trump on…

Woodside Struggles to Sell LNG Volumes at Louisiana LNG Plant, Sources Say

(Reuters) – Australia’s Woodside Energy is struggling to sell liquefied natural gas volumes from its planned Louisiana LNG export facility because it is seeking liquefaction fees above prevailing U.S. market…

US Has More Natural Gas Than It Can Use as War Chokes Global Supply

By , , , and A gas flare near Mentone, Texas. Photographer: Bronte Wittpenn/Bloomberg Get the Latest US Focused Energy News Delivered to You! It’s FREE: As the Iran war…