Washington — The Department of Justice is investigating suspicious trading timed to swings in the oil market, according to two sources familiar with the investigation. Reuters first reported the trading. The existence of the investigation was first reported by ABC News. The oil market has been volatile amid the war with Iran. Tehran has effectively closed the … Read more
Venezuela resumes commercial ties with US Fox News correspondent Steve Harrigan reports live from Caracas, discussing Venezuela’s economic reopening and renewed commercial ties with the U.S. This includes a surge in oil exports, reaching a seven-year high of 1.23 million barrels per day. The move follows the U.S. capture of Nicolas Maduro, with American Airlines … Read more
9m ago Iranian president says nation will “never bow down to the enemy” Iranian President Masoud Pezeshkian said Sunday that the country would “never bow down to the enemy,” vowing that the ruling Islamic Republic regime would “defend national interests with strength.” “If talk of dialogue or negotiation arises, it does not mean surrender … Read more
DUBAI, United Arab Emirates — Iran’s Revolutionary Guard navy on Saturday warned that any attack on Iranian oil tankers or commercial vessels would be met with a “heavy assault” on one of the U.S. bases in the region and enemy ships, even as a tenuous ceasefire appeared to be holding. Iranian state TV reported the … Read more
A ceasefire with Iran is still officially in place, but U.S. forces hit and disabled two Iranian oil tankers on Friday, accusing them of attempting to violate the U.S. blockade. Weijia Jiang has more. Source link
IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Source: DOJ investigating suspicious oil trades timed around Iran war 01:55 UP NEXT U.S. strikes two locations in Iran near Strait of Hormuz 02:43 Marco Rubio Meets With Pope Leo XIV Over Iran War and Cuba 01:17 Iran … Read more
The Justice Department and the nation’s top commodity market regulator are investigating a series of oil market trades that came just ahead of major policy announcements from President Donald Trump and Iranian officials, according to a source familiar with the probe. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive … Read more
NEWYou can now listen to Fox News articles! A Democratic lawmaker is drawing backlash after saying she spoke with foreign ambassadors about getting oil to Cuba despite U.S. sanctions, defending the outreach as “literally our right and responsibility.” Rep. Pramila Jayapal, D-Wash., made the remarks during a recent Seattle briefing following a congressional delegation trip … Read more
US military says it fired on Iranian-flagged oil tanker in the Gulf of Oman after it tried to breach blockade Source link
The price of oil plunged and markets surged early Wednesday after a new report that the U.S. believed it was nearing a deal to end the war with Iran and eventually reopen the Strait of Hormuz. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Officials in Washington and … Read more