Rising gas prices drive more people to Costco for cheaper fuel. But the real benefit to the retailer is the additional sales that come from the…
President Donald Trump issued a 60-day waiver of a longstanding U.S. shipping law in an attempt to stabilize oil markets amid the Iran war, the White…
The closure of the Strait of Hormuz by Iran is sending shock waves across global energy markets, with Asia expected to face the maximum pain.A senior…
Tankers are seen at the Khor Fakkan Container Terminal, the only natural deep-sea port in the region and one of the major container ports in the…
Rescue forces operate at a building hit by an Iranian missile strike in Tel Aviv, Israel, on Sunday, March 1, 2026. Bloomberg | Bloomberg | Getty…
Iranian negotiating delegation departs for the site of the talks with U.S., in Geneva, Switzerland, Feb. 26, 2026. Iranian Foreign Ministry | WANA | Via ReutersThe…
An aerial view of the USS Abraham Lincoln Carrier Strike Group while operating at the Arabian Sea, escorted by two military replenishment ships and two U.S.…
An aerial view shows pumpjacks in the South Belridge Oil Field on April 24, 2020 near McKittrick, California.David McNew | Getty ImagesOil prices slid on Monday…
An aerial view of oil tankers anchored near the ports of Long Beach and Los Angeles amid the coronavirus pandemic on April 28, 2020 off the…