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Trump Announces Deal With Venezuela for US to Take Ownership of 65 Billion Barrels of Oil

The president called the agreement 'the biggest oil deal in world history.'

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Can Australia Keep Spending Billions in Taxpayer Funds to Bailout its Manufacturers?

In recent months, the Australian government has spent billions trying to save domestic...

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US Crude Prices Extend Losses as Oil Market ‘Remains in Limbo’

Motorists still on track to pay $4 a gallon of gasoline during the Labor Day long weekend, an...

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Judge Tosses Lawsuit Over Trump’s Offshore Drilling Expansion

The case was dismissed in a federal court in Alaska on non-standing grounds without a ruling on the...

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A Tale of 2 Straits: Global Shippers Prefer Washington’s Version Over Tehran’s

Increasing ‘dark transit’ traffic undermines Iran's claim it controls Hormuz, but an...

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Wright Says US to Boost Fuel Refinery Output as Hormuz Disruptions Continue

Trump said the increase in fuel prices was a relatively small cost for preventing Iran from having...

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Senate Rejects Inquiry Into Sale of Tasmania’s Biggest Farm, 9,000 Hectares for Carbon Credit Use

The federal government's Clean Energy Finance Corporation is committing $69 million to the project.

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Trump Says US Has ‘Total Control’ of Hormuz as US Says More Oil Moving Than Trackers Show

The U.S. energy secretary said nearly 9 million barrels per day are exiting the strait and that...

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IEA Cuts 2026 Oil Supply Forecast as Strait of Hormuz Disruption Continues

The energy watchdog said that issues in the Middle East and Russia had caused global oil stocks to...

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Trump Says Gas Prices Could Rise If US Strikes Iran Again

The president said prices are otherwise poised to fall sharply as Tehran seeks a deal to avert...

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Iran’s Hormuz Shutdown Could Lead to Coastal Countries Gaining More Control of Chokepoints

A purported Oman–Iran deal and the pending pact Trump is touting are stopgaps that will...

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GOP Alleges Campaign to Influence Judges in Climate Lawsuits

Critics say climate-related sections of reference manuals used by judges are biased and lacking in...

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US Gas Prices Remain Elevated Amid Ongoing Middle East Tensions

The seasonal relief in gasoline prices seen in August 2025 may not happen this time around due to...

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