US Objectives in Iran Have Not Changed, Hegseth Says

(Reuters) – U.S. Defense Secretary Pete Hegseth said on Thursday that the United States’ objectives in the war against Iran have not changed since strikes started on February 28. The…

RANKED: The Top Crude Oil Producers in 2025 – Visual Capitalist – See How Countries Rank

By | Editing | Design Key Takeaways The U.S. was the world’s largest crude oil producer in 2025, pumping 13.58 million barrels per day. Five of the world’s top 10…

Oil Jumps Above $119 a Barrel, Then Settles Back, on Middle East Energy Attacks

Summary Qatar, Saudi Arabia, Kuwait hit by Iran missile attacks Brent premium over WTI widening Brent near March 9 highs (Reuters) – Benchmark Brent oil ​prices jumped above $119 a…

US Oil Exports Seen Rising as WTI Discount to Brent Hits Widest in 11 Years

Reuters The discount for U.S. crude futures versus Brent on Wednesday hit the widest in 11 years, as attacks on Middle Eastern oil infrastructure drove the global benchmark higher while…

Trump Administration Alaska Lease Sale Attracts $163 Million From Major Oil and Gas Players

The U.S. government on Wednesday held its most successful sale ever of oil and gas drilling rights in Alaska’s National Petroleum Reserve, attracting $163 million in winning bids from industry…

Oil Extends Gains to Rise 5.6% After Iran Attacks Gulf Energy Facilities

By Oil exports from Iraq and Libya resume Wednesday amid security, economic challenges Qatar , Saudi Arabia hit by missile attacks from Iran Brent, WTI futures extend gains in post-settlement…

Vance to Meet With Oil Trade Group, Acknowledges ‘Rough Road Ahead’ on Gas Prices

By and WASHINGTON, March 18 (Reuters) – U.S. Vice President JD Vance and Energy Secretary Chris Wright will meet ​on Thursday with the American Petroleum Institute, the nation’s largest oil…

US Oil Exports Seen Rising as WTI Discount to Brent Hits Widest in 11 Years

By and U.S.-Israeli war on Iran disrupts Middle East oil supply Brent gains outpace WTI due to Mideast infrastructure attacks US to release172 million barrels to tame prices, pressuring WTI…

COMMENTARY: Latest Oil Crisis Readies Hammer for Demand Curve

By NEW YORK, March 18 (Reuters Breakingviews) – It took two Middle East oil shocks for the world to really focus on energy efficiency. The result was a multi-decade, steady…

COMMENTARY: Assessing Energy Security in Europe, US and China as Iran Crisis Drags On

By LITTLETON, Colorado, March 18 (Reuters) – As the U.S.-Israeli war against Iran heads towards its fourth week, pressure is mounting on major economies dependent on fossil fuels to keep…