Oil prices are set to rise further as war in the Middle East escalates

Oil prices look set to rise on Monday after U.S. and ​Iranian trade threats to target energy facilities, analysts said.

Goldman Raises Oil Forecasts on Largest-Ever Supply Shock

Goldman Sachs Group Inc. raised its oil price forecasts for 2026 due to the prolonged disruption of flows through the Strait of Hormuz, which it described as the largest-ever supply shock for the global crude market.

'When will it end?’ The ‘elevator pitch’ oil executives and diplomats are making to the White House in Houston

At the world’s largest energy industry gathering, there’s one question on top of everyone’s minds.

Stammering Bessent Confronted On-Air Over Childish Oil Claim

Secretary of the Treasury Scott Bessent flipped between outraged, celebratory, and at a loss for words as he fought to justify the president’s lifted sanctions on Iranian oil stored on tankers. “Why is the U.

U.S. eases Iranian oil sanctions in scramble to contain energy prices, handing Tehran a potential boost

In a twist of wartime irony, the United States has moved to ease sanctions on Iranian oil to cool surging energy prices, a potential boon for Tehran.

Trump administration lifts sanctions on millions of barrels of Iranian oil

The Treasury Department’s authorization of the sale of Iranian crude already at sea is likely to provide revenue for Iran’s war effort against the U.S.

Despite Spiking Oil Prices, There’s No Talk of a Boom in Texas Oil Country

Even with oil prices climbing, people in West Texas say it doesn’t feel like the start of another boom, at least not yet.

The U.S. is a big oil exporter. So why does it import most of the oil it consumes?

NPR's Ayesha Rascoe talks to University of Texas engineering professor Hugh Daigle about why the U.S. imports most of the oil it consumes despite being one of the world's largest oil exporters.