Oil Prices Surge After US Revokes License for Iranian Crude Sales
Oil prices rose sharply following the US decision to revoke the general license permitting Iranian crude oil sales, amid heightened tensions and attacks near the Strait of Hormuz.
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Oil prices rose sharply following the US decision to revoke the general license permitting Iranian crude oil sales, amid heightened tensions and attacks near the Strait of Hormuz.
Showing 169-186 of 186 articles.
politics
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politics
A temporary waiver of the Jones Act has enabled foreign vessels to transport over 31 million barrels of fuel and chemicals between U.S. ports, revitalizing energy supply chains and easing fuel distribution.
Reason | Jul 7, 2026, 12:31 AM
politics
A temporary waiver of the Jones Act by President Donald Trump has revitalized U.S. energy supply chains and increased fuel shipments between American ports, despite opposition from Republican lawmakers.
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general
Agriculture Secretary Brooke Rollins highlights global disruptions and geopolitical tensions as key factors driving up food prices in America.
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world
Seven OPEC+ members, including Saudi Arabia and Russia, will raise oil output by 188,000 barrels per day starting August amid signs of energy market recovery.
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The collusion is estimated to have caused anti-competitive harm worth US$17 billion, involving major refiners HD Hyundai Oilbank, SK Energy, GS Caltex, and S-Oil.
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world
Asian markets gained on Wall Street optimism and easing oil prices, while Samsung Electronics anticipates a significant profit increase for Q2 2026.
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politics
President Trump highlights dropping oil prices but notes gas prices lag behind, praises a Northeast retailer's efforts to lower fuel costs amid tensions with Iran.
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world
The recently enacted Chinese law allows legal action against overseas individuals and organizations accused of undermining ethnic unity, raising concerns about transnational repression.
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politics
President Donald Trump demands immediate gas price reductions while his Iran policy is cited as a key factor in recent fuel cost increases.
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business
Higher oil prices linked to the Iran conflict and a weakening rupiah contribute to Indonesia's trade imbalance.
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us
After the Supreme Court rejects his challenge to birthright citizenship, Donald Trump calls on Congress to legislate an end to the policy and announces a Republican national convention ahead of the midterms.
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world
Despite a recent agreement to avoid hostilities, conflicting statements from Washington and Tehran leave the future of US-Iran negotiations uncertain.
Deutsche Welle | Jul 1, 2026, 12:25 AM
general
President Donald Trump announced on Truth Social that the GOP will hold a historic midterm convention in Dallas, Texas, on September 9-10, celebrating policy achievements and featuring entertainment.
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general
CENTCOM reports U.S. strikes targeted Iranian military infrastructure in response to drone attacks on commercial vessels in the Strait of Hormuz amid ongoing Gulf tensions.
ABC Top Stories | Jun 27, 2026, 10:58 PMShowing 169-186 of 186 articles.