Iranian Parliament Speaker Mohammad Baqer Qalibaf said that any US aggression against Iranian islands in the Gulf will prompt Tehran to “abandon all restraint.” | World News ...

The Dept. of Energy announced that it has been authorized by Pres. Trump to release 172 million barrels from the U.S. Strategic Petroleum Reserve.

Photo: Alamy President Donald Trump plans to release 172 million barrels of oil from the nation’s Strategic Petroleum Reserve as energy prices climb amid the conflict with Iran. During a visit to Ohio ...

The Trump administration move is in conjunction with the International Energy Agency action and comes as shipments from the Persian Gulf remain constrained.

To fight high prices and prevent gasoline lines, next week, the Trump administration will release 172 million barrels of ...

Oil prices jumped above $100 per barrel after tanker attacks in Iraq, Oman port evacuations, and China's fuel export restrictions worsened Middle East supply.

Dozens of countries have done the unprecedented, releasing an historic amount of crude from emergency reserves to prevent high oil prices from crippling the economy. If that doesn’t work, there’s only ...

US, Israel launched coordinated strikes on Iran in late February 2026 targeting military and nuclear facilities.

Iran warned the United States Wednesday that oil prices could soar to $200 a barrel as escalating U.S. and Israeli strikes against the country continue to rattle global energy markets.  To prevent ...

Trump ordered a 172 million-barrel SPR release as the U.S. joins a wider IEA effort to steady oil markets during the Strait ...

The escalating conflict in Iran has disrupted global oil supplies, leading to halted tanker movements, targeted refineries, and widespread investor concern over soaring energy prices. In response, the ...

This week, as the US and Israeli war against Iran continued to expand across the Middle East, traders and analysts have been fretting about “Brent” as if he’s an old, wayward friend: “Brent” got the ...