"The new normal will not look like the old one," an expert told Newsweek.

U.S. petroleum exports are rising to record highs amid the Iran war, and now a little-known developer will build a large oil-shipping hub de...

Asian stocks head for stellar weekly gains despite pulling back slightly on Friday

Iranian state TV is reporting explosions on Qeshm Island in the Strait of Hormuz today, saying they happened during an 'exchange of fire.'

Brent crude rises amid clashes in critical waterway.

Oil prices surged in early Asian trade on Friday after Iran and the U.S. exchanged fire in the Strait of Hormuz, threatening to break the ve...

In an aerial view, a Valero refinery is seen on May 5, 2026 in Corpus Christi, Texas.Brandon Bell | Getty ImagesOil resumed its r...

The rapid depletion of commercial stockpiles and emergency reserves has come at a time when ‌stockpiles are typically ‌built in preparation...

El Nino could bring higher temperatures and dry weather to countries from India to New Zealand, driving up food costs.

Asia is trying to save itself any way it can. With Gulf barrels harder to get, buyers are pulling crude from wherever it is still available...

International companies are flocking back to Venezuela, with deals worth billions getting closed under U.S. management of the country’s oil...

The U.S.-Iran war has created a military crisis in the Gulf. But for oil markets, the more dangerous battlefield may now be the futures curv...

Villagers in Kenya are suing British Petroleum, saying oil exploration by Amoco in the 1980s left toxic pollution.

Canada has recorded its first trade surplus in six months, defying forecasts of a deficit thanks to surging oil and gold prices. Canada’s me...

An eliminated Survivor 50 castaway details her downfall, including a final fight to stay in the game and the 'messy' moves made throughout.