Don't be fooled by the UK's pre-war inflation print — a 'brutal' surge could be coming
The U.K. inflation rate stood firm at 3% in February, according to the latest figures from the Office for National Statistics (ONS).
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Markey to Big Oil: Cut CEO Pay to Reduce Gas Prices
Sen. Ed Markey is pressuring the nation's largest oil companies to slash executive pay and redirect the savings to struggling American consumers as gas prices surge.
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Emergency measures to alleviate the disruption to energy supply caused by the U.S.-Israeli war on Iran are "not even a drop in the proverbial barrel" compared to normal oil and gas export flows from the Middle East Gulf, the CEO of Kuwait Petroleum Corporation said...
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Energy Secretary Wright: 'More Levers' to Cut Gas Prices Amid Iran War
The Trump administration still has "a few more levers" to pull to try and lower gas prices while seeking an end to the war in Iran, according to Energy Secretary Chris Wright.
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Iran War Drags US Business to Yearly Low
U.S. business activity slowed to an 11-month low in March as the war in the Middle East raised prices for energy products and other inputs, a survey showed Tuesday, reinforcing fears of an acceleration in inflation in the months ahead.
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White House to pay TotalEnergies $1 billion to kill off East Coast wind farm projects
The announcement comes as the Iran war disrupts global oil and gas supplies, making the U.S.' development of its LNG resources more urgent.
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