U.S. Weighs Reviving 18th-Century Prize Law to Seize and Sell Iranian Oil
The U.S. Justice Department, working with the Pentagon, is preparing to revive "prize law", a centuries-old wartime system that let…
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US gas prices jump $1.25 a gallon as Iran conflict tensions rattle energy markets
U.S. gasoline prices have jumped as geopolitical tensions tied to the Iran conflict ripple through energy markets. AAA now puts…
Iran vows to block adversaries from reopening the Strait of Hormuz
Iran has vowed to stop adversaries from reopening the Strait of Hormuz, a chokepoint for global oil shipping, according to…
Russia extends diesel export ban through January 2027 as refinery strikes squeeze supply
Russia's government has extended its ban on diesel, gasoline, marine fuel, and gas oil exports through January 31, 2027, pushing…
Trump announces deal giving US majority control of Venezuela’s oil reserves
President Trump announced that the United States has secured majority control of more than 65 billion barrels of Venezuelan oil…
