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

Oil is embedded in everyday products from clothes to cosmetics. Here’s how oil shocks ripple beyond fuel and why it matters for inflation.

The overall economy has proved resilient in recent years, even as many households have struggled. The war with Iran is ...

The U.S. may soon remove sanctions on Iranian oil stranded on tankers at sea, Treasury Secretary Scott Bessent said on ...

Fuel prices across Europe are soaring, with taxes making up more than half of the cost at the pump in many countries.

If you are looking at the energy sector because of high oil prices, you should err on the side of caution with these reliable ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

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U.S. gas prices are surging as the Iran war drives up the global cost of oil. But what exactly accounts for what you pay at ...

Anxiety has pulsed through the small-business economy for months, even before the war in Iran began weighing on energy prices.

The U.S. Treasury has authorized the purchase of Iranian oil that's already at sea, exempting buyers from the tight sanctions that have restricted Iran's oil industry for years, as the Trump ...

The Mideast energy truce is breaking down.