Oil shipments disrupted in the Persian Gulf after Iran strikes

Oil shipments disrupted in the Persian Gulf after Iran strikes – CBS News Watch CBS News Iran is attempting to shut down the global flow of oil with its threats to close the Strait of Hormuz, which is the only waterway connecting the Persian Gulf to the Gulf of Oman. CBS News MoneyWatch correspondent Kelly … Read more

How oil and gas prices could be affected by the attacks on Iran

IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing How oil and gas prices could be affected by the attacks on Iran 03:35 UP NEXT Troops killed in Iranian operation were a part of Army sustainment unit based in Kuwait, military says 01:37 Victims of missile strike … Read more

US moves to legally control tanker and 2M barrels of oil seized off Venezuela’s coast in December

WASHINGTON — The Justice Department has filed a complaint to legally take ownership of a sanctioned tanker and nearly 2 million barrels of petroleum seized off the coast of Venezuela in December, another step by President Donald Trump’s administration to assert power over the country’s oil sector after capturing leader Nicolás Maduro. It’s the first … Read more

US military boards third oil tanker in Indian Ocean after tracking it from Caribbean

WASHINGTON — U.S. military forces boarded a third sanctioned oil tanker in the Indian Ocean after tracking it from the Caribbean Sea in an effort to target illicit oil connected to Venezuela, the Pentagon said Tuesday. U.S. Southern Command said in a post on X that U.S. forces boarded the Bertha overnight, conducting “a right-of-visit, … Read more

US military boards another oil tanker in Indian Ocean, tracked from Caribbean

U.S. military forces boarded another sanctioned tanker in the Indian Ocean after tracking the vessel from the Caribbean Sea in an effort to target illicit oil connected to Venezuela, the Pentagon said Sunday. Venezuela had faced U.S. sanctions on its oil for several years, relying on a shadow fleet of falsely flagged tankers to smuggle … Read more

Supreme Court agrees to hear from oil, gas companies trying to block climate lawsuits

WASHINGTON — WASHINGTON (AP) — The Supreme Court said Monday that it will hear from oil and gas companies trying to block lawsuits seeking to hold the industry liable for billions of dollars in damage linked to climate change. The conservative-majority court agreed to take up a case from Boulder, Colorado, among a series of … Read more

Supreme Court takes up oil companies’ plea to end climate change lawsuits

WASHINGTON — The Supreme Court agreed on Monday to hear an attempt by energy companies to throw out a lawsuit filed in Colorado seeking to hold them accountable for the costs of climate change. The court’s ultimate ruling in the case will have national implications, likely determining whether similar lawsuits filed by cities and municipalities … Read more

Supreme Court takes up oil companies’ plea to end climate change lawsuits

WASHINGTON — The Supreme Court agreed on Monday to hear an attempt by energy companies to throw out a lawsuit filed in Colorado seeking to hold them accountable for the costs of climate change. The court’s ultimate ruling in the case will have national implications, likely determining whether similar lawsuits filed by cities and municipalities … Read more