Congressional Democrats demand reversal of Russian oil sales into India as energy prices soar
[ad_1] U.S. Sen. Ruben Gallego (D–AZ) speaks during the “People’s State of the Union” event ahead of U.S. President Trump’s State of the Union address in Washington, D.C., U.S., Feb. 24, 2026. Elizabeth Frantz | Reuters Congressional Democrats are demanding that the Trump administration immediately reverse a sanctions waiver allowing Indian refiners to purchase Russian […]
Energy prices will fall when U.S. destroys Iran’s ability to attack tankers in Strait of Hormuz: Wright
[ad_1] U.S. Energy Secretary Chris Wright pumps gas at a gas station in Corpus Christi, Texas, U.S., February 27, 2026. Sheila Dang | Reuters Energy Secretary Chris Wright said oil and gas prices will begin to fall when the U.S. begins to knock out Iran’s ability to hinder tanker traffic through the Strait of Hormuz, […]
Gas rises to $1.50 in Edmonton as Middle East conflict pushes up oil prices | Globalnews.ca
[ad_1] Prices at many Edmonton gas stations have jumped to about $1.50 per litre for regular gasoline, as the conflict in the Middle East drives up the price of oil. Wholesale gasoline has risen roughly 20 cents since Tuesday while diesel is up nearly 40 cents — which energy analyst Dan McTeague said has a […]
WTI crude tops $86, hits highest level since April 2024, Brent crude breaks above $89 a barrel
[ad_1] Oil prices jumped to their highest levels in months on Monday as Iran and Israel escalated attacks in the Middle East, disrupting shipments from the region. Bloomberg Creative Photos | Bloomberg Creative Photos | Getty Images Oil prices rose on Friday morning as investors continued to assess the impact of the U.S.-Iran war on […]
How the Iran conflict is spreading — in pictures
[ad_1] The conflict in the Middle East is rapidly expanding across the region as the U.S. and Israel-led war with Iran enters its sixth day. Images published Thursday showed destruction across Tehran after nearly a week of strikes on Iran’s capital. Iran has retaliated by launching a wave of missiles and drones at Israel, as […]
Is Cuba next? What the fallout from the Iran war means for Havana
[ad_1] Cuba’s President Miguel Diaz-Canel (C) takes part in the “Anti-Imperialist” protest in front of the US Embassy against the US incursion in Venezuela, where 32 Cuban soldiers lost their lives, in Havana on January 16, 2026. Yamil Lage | Afp | Getty Images “Cuba’s next,” said Sen. Lindsey Graham, a Republican and ally of […]
Middle East war sends natural gas prices soaring, raising growth shock risk for Europe and Asia
[ad_1] A prolonged surge in natural gas prices triggered by the ongoing war in the Middle East risks denting European growth and hitting some Asian economies hard, analysts have warned. Global gas prices have soared this week amid fears of a lengthy disruption to energy flows through the Strait of Hormuz — a key shipping […]
Oil supertanker rates hit all-time high as Iran pledges to close the Strait of Hormuz
[ad_1] Commercial ships anchor off the coast of the United Arab Emirates due to navigation disruptions in the Strait of Hormuz, Dubai on March 2, 2026. Stringer | Anadolu | Getty Images Oil supertanker costs in the Middle East climbed to their highest level on record as conflict between the U.S. and Iran disrupts shipping […]
Oil soars amid Strait of Hormuz shipping fears as Iran war drives prices to nearly $80
[ad_1] Oil prices have soared after U.S. and Israeli strikes on Iran continued on Sunday night. Brent crude prices hit a new 52-week high on Monday, surging 9.3% to reach $79.40, while U.S. West Texas Intermediate prices also rose more than 9% to $73.10. U.S. President Donald Trump said the “overwhelming military offensive” — which […]
What to expect from the next round of U.S.-Iran talks as Trump threatens Tehran
[ad_1] U.S. President Donald Trump delivers the State of the Union address during a joint session of Congress in the House Chamber at the Capitol on February 24, 2026 in Washington, DC. Trump delivered his address days after the Supreme Court struck down the administration’s tariff strategy, and amid a U.S. military buildup in the […]