In a speech to the nation on April 1, President Donald Trump spoke of the Iran war, and the contest for control of the Strait of Hormuz, as if their outcome had little bearing on the market for oil ...

Grace Manthey is the senior visual data journalist and data team coordinator for CBS News and Stations. She is an Emmy-winning journalist and visual storyteller with a passion for telling stories that ...

Oil ETFs simplify investing in the oil market, from direct exposure to crude oil to sub-sector-specific investments. State Street Energy Select SPDR ETF offers exposure to top energy stocks with a low ...

Disruptions to the flow of oil through the Strait of Hormuz over the past four weeks will unleash a “sequential” shock to global supplies that’ll run from east to west, with much of the world taking a ...

If the United States assumed, before attacking Iran, that the major oil producer would be reluctant to close the Strait of Hormuz for fear of blocking its own oil exports, it miscalculated. Traffic ...

The International Energy Agency said Wednesday that member countries had unanimously agreed to release 400 million barrels of oil from their reserves in a bid to ease prices that are soaring due to ...

HOUSTON, March 10 (Reuters) - President Donald Trump on Tuesday announced the construction of a refinery on the southern U.S. border backed by India's Reliance Industries (RELI.NS), opens new tab, ...

Crude prices could surpass their 2008 record, with potentially dire effects for consumers and businesses Fears over the global economy have been stoked by the oil price soaring past $100 a barrel as a ...

President Donald Trump told CBS News that he is considering taking over the Strait of Hormuz, a chokepoint through which 20% of the world's oil is exported. G7 energy ministers will hold a virtual ...

Effects of extended conflict between US and Iran could also lead to higher interest rates and hit economic growth US-Israel war on Iran – live updates The impact of the deadly and unpredictable ...

Abstract: With regard to the important role of motors and transmissions in the performance of electromechanical and robotic systems, this paper intends to provide a solution for the problem of ...

President Trump has made no secret that he wants U.S. oil companies to profit off his removal of Venezuelan President Nicolás Maduro by investing in rebuilding Venezuela's oil infrastructure and ...