IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Energy secretary: Strait of Hormuz not safe for shipping 01:42 UP NEXT Trump says there’s been ‘total obliteration’ of Iran militarily 01:55 Protesters in Cuba attack Communist Party office 00:32 High winds tear roof off of Ohio building … Read more
IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Energy Sec. Wright says ‘good chance’ but ‘no guarantees’ of cheaper gas soon: Full interview 13:06 UP NEXT Adam Schiff says war with Iran is ‘simply unsustainable’: Full interview 10:49 Thomas Friedman explains Iran’s ‘strategy of out-crazy’ against … Read more
U.S. Energy Secretary Chris Wright directed a Texas-based oil and gas company Friday to restore operations in waters off Southern California that were damaged by a 2015 oil spill, invoking the Defense Production Act. Restoring Sable Offshore Corp.’s Santa Ynez unit and pipeline off Santa Barbara aims to address supply disruption risks, according to a … Read more
Then-President Richard Nixon addressed the nation from the Oval Office during the 1973 energy crisis. Fueled by the Yom Kippur War, members of the Organization of the Petroleum Exporting Countries in the Middle East banned the sale of oil to the U.S. and other countries, sharply raising gas prices for Americans as they faced their … Read more
NEWYou can now listen to Fox News articles! The Cuban government is in talks with Trump administration officials, the country’s president said Friday, as Havana works to halt a potential regime change as it deals with a spilling energy crisis. In a 90-minute news conference broadcast by state media, Cuban President Miguel Díaz-Canel said talks … Read more
A new pipeline will make it possible to ship natural gas to Japan, Korea and Taiwan for decades. Source link
NEWYou can now listen to Fox News articles! Rep. Josh Riley, D-N.Y., has put criticism of soaring utility costs at the center of his re-election bid in one of the most competitive House districts in the country, but state Sen. Peter Oberacker, R-N.Y., Riley’s likely general election challenger, argues the incumbent Democrat is quietly profiting … Read more
DUBAI, United Arab Emirates — Iran’s unrelenting attacks on shipping traffic and energy infrastructure in the Persian Gulf pushed oil back above $100 a barrel on Thursday, as American and Israeli strikes pounded the Islamic Republic with no sign of an end to the war in sight. Iran is trying to inflict enough global economic … Read more
The International Energy Agency (IEA) said on Wednesday it would release 400 million barrels of oil from emergency reserves, the largest release in the multinational organization’s history. The announcement comes as the Strait of Hormuz remains effectively closed because of the Iran War. Normally, roughly a fifth of the world’s oil supply flows through the … Read more
There are new air attacks on Iran as Israel targets the country’s energy infrastructure, saying “it’s the lifeline of the regime.” It comes as Iran names a new supreme leader and a seventh American has died in the attacks. Matt Gutman has the latest. Source link