World
Trump hits pause on Iran war but no one knows for how longPresident Donald Trump paused U.S. strikes on Iran Monday as the U.S. is seemingly running out of targets, according to U.S. officials. One administration source, speaking on… Read More
World
Trump lifts sanctions on Iran, undercutting China as American energy prices begin to easeThe Treasury Department announced Monday that it issued a temporary license authorizing Iranian oil sales in a move analysts told The Lion hinders China, while the U.S. still skirts… Read More
World
Analysis: Why the world’s largest-ever oil supply disruption hasn’t resulted in catastrophe; 2022 price spike remains intactAs the U.S. and Iran near a peace agreement, energy analysts note the world’s largest oil supply disruption failed to shatter previous records, including $5 per gallon average gas costs in the U.S. in 2022. The conflict… Read More
World
‘Let the oil flow!’: Trump announces diplomatic breakthrough with Iran(Daily Caller News Foundation) – President Donald Trump on Sunday announced a breakthrough in diplomatic negotiations with the Islamic Republic of Iran, marking the most significant development of the… Read More
Opinion
Energy giants warn another oil price spike coming soon(Daily Caller News Foundation) – Leading executives at ExxonMobil and Chevron sounded an alarm during a recent Bernstein conference: Global oil inventories are plunging to dangerously low levels, setting… Read More
Culture
JetBlue says jet fuel will get even more expensive as Iran war continues(Daily Caller News Foundation) – JetBlue hiked its second-quarter forecast for jet fuel prices on Monday amid the Strait of Hormuz’ continued closure, Reuters reported. The airline’s June… Read More
World
Kneecapping ‘evil empire’ more important than keeping oil costs down, Trump saysPresident Donald Trump said Thursday that preventing Iran from obtaining a nuclear weapon is a higher priority than keeping oil prices down, warning that the American adversary could end… Read More
World
Iran threatens $200 oil as attacks mount near Strait of HormuzThe U.S. military is moving to counter Iran’s threat to shut down the Strait of Hormuz, a chokepoint that handles roughly 20% of the world’s crude oil shipments. Read More
World
War in Iran shocks markets, costs U.S. taxpayers $1 billion a day(The Center Square) – The escalating war in Iran has already rattled global markets and driven oil prices to their highest levels since April 2024. If the conflict persists,… Read More