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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Trump WH Aims to Boost Diesel Supply Amid Price Surge
The Trump administration is working to get more diesel into the market as fuel prices surge amid global turmoil tied to the Iran war, Energy Secretary Chris Wright said Monday.
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Fed's Goolsbee More Worried About Inflation Than Jobs
Chicago Federal Reserve President Austan Goolsbee said Monday he is increasingly focused on inflation risks over labor market weakness, even as geopolitical tensions show tentative signs of easing.
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