Oil

At a time when the world is struggling to cope with high inflation, the rising cost of living, and the impacts of the Ukraine war and now the Israel–Hamas conflict,...

The House of Representatives will vote on Wednesday on whether to ban U.S. imports of oil and other energy products from Russia, among other sanctions, in retaliation for Moscow’s ongoing...

After months of steady increase following the worst of the coronavirus pandemic, oil prices have tumbled for their sixth consecutive week as fears of the Omicron variant of the coronavirus have shaken investor confidence.  The most...

As Americans look to hit the road for the Thanksgiving holiday, they’re likely facing some sticker shock at the pump. Gasoline prices have reached near-record levels and likely will only...

The Biden administration has taken another extraordinary measure in its battle against high gas prices. On Tuesday, they announced that the Department of Energy will release fifty million barrels of oil from the...

Here’s What You Need to Remember: Ultimately, the test case for a 1973 invasion of Saudi Arabia came thirty years later, with the 2003 invasion of Iraq. The conditions were far...

Amid a flare-up of Organization of the Petroleum Exporting Countries (OPEC) tensions last week, there has been rampant speculation on the supposedly fractious nature of the Saudi-Emirati relationship. We have heard prophecies of a...

In 2016, the Venezuelan government was desperately seeking financing, with not much success. The economy was crumbling and the state was already over-indebted, with foreign debt obligations exceeding 150 billion dollars, about...

As President Obama made clear in his State of Union address on Tuesday, U.S. officials are reasonably confident that they have Iran just where they want it. They say the...

When I was on the road promoting The Power Surge in 2013, I regularly said two things: First, oil prices could easily plunge for a year or two, though it...

The recent OPEC decision not to slash production is a major setback to Iran’s fiscal health. Beset by sanctions, Iran’s most important source of revenue is under attack not by...

American diplomacy operates under a perennial fear of disrupting oil markets—from Moscow to Tehran, and from Caracas to Baghdad, foreign policy resembles someone trying to tiptoe towards the treasure without...