The cost of oil surged past $100 a barrel after Iran named Mojtaba Khamenei as supreme leader. Follow Newsweek's latest ...

Crude oil prices skyrocketed last week. Brent crude oil futures on the Intercontinental Exchange (ICE) ($92.70/barrel) surged 27.2 per cent. The price of this contract has stayed above $90 for the ...

Iran’s Islamic Revolutionary Guard Corps (IRGC) has said it maintains full control of the Strait of Hormuz, where United States President Donald Trump has said he is prepared to deploy the navy to ...

HOUSTON, Texas (KTRK) -- Cleanup is underway after a storm-toppled tree caused an oil spill in Crosby on Saturday night, officials said. According to authorities, the leak occurred near the 16700 ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Venezuela’s oil sales, under the control of the United States for five weeks ...

U.S. presidents have long been accused of plotting to control foreign oil. But President Trump has asserted a U.S. right to take it. U.S. presidents have long been accused of plotting to control ...

CARACAS, Venezuela (AP) — Venezuela's acting President Delcy Rodríguez on Thursday signed a law that opens the nation's oil sector to privatization, reversing a tenet of the self-proclaimed socialist ...

CARACAS, Venezuela — Venezuela’s acting President Delcy Rodríguez on Thursday signed a law that opens the nation’s oil sector to privatization, reversing a tenet of the self-proclaimed socialist ...

CARACAS, Venezuela (AP) — Venezuela’s legislature on Thursday approved opening the nation’s oil sector to privatization, reversing a tenet of the self-proclaimed socialist movement that has ruled the ...

CARACAS, Venezuela — Venezuela’s legislature on Thursday approved opening the nation’s oil sector to privatization, reversing a tenet of the self-proclaimed socialist movement that has ruled the ...

See gas lines and blackouts in Cuba and hear how residents are coping. Upgrade to watch the full report. Havana, Cuba – As tensions between the US and Cuba rise to the highest levels since the Cuban ...