Commodities

Oil rises amid uncertainty over U.S.-Iran Strait of Hormuz deal

Oil prices rose on Monday, with Brent crude gaining 1.09% to $84.46 per barrel and WTI up 0.84% to $78.84. Iranian Foreign Minister Abbas...

Trump is betting that the U.S. naval blockade choking Iran’s economy can achieve what bombs and missiles couldn’t as more oil sneaks out of...

After abandoning all-out war against Iran, President Donald Trump opted to maintain economic pressure on Tehran, claiming the U.S. naval blockade is crippling Iran's...

Eastern Mediterranean Sea is fast becoming an alternative energy source for Europe amid wars in Ukraine and Mideast, Cyprus says

Cyprus announced that natural gas from the Cronos field in the Eastern Mediterranean is expected to reach Europe as early as March 2028, following...

This nuclear startup and Halliburton repurposed oil-drilling tech in a bid to solve America’s radioactive waste problem

Nuclear startup Deep Isolation has partnered with Halliburton to bury radioactive waste approximately 2 miles underground in 5,000-pound canisters using advanced directional drilling techniques...

How Chevron became the AI darling of Big Oil

Chevron signed a 20-year deal with Microsoft to supply 2.67 gigawatts of natural gas-fired electricity for data centers, a project called Project Kilby slated...

Russia sanctions bill honoring Lindsey Graham breezes through Senate, heads to House

The U.S. Senate overwhelmingly passed a Russia sanctions bill late Friday named after the late Senator Lindsey Graham. The legislation aims to undermine Russia's...

Gold bugs spend $180 million betting all’s clear for metal as bond yields stall

Gold proponents spent nearly 180 million dollars on bullish positions in the precious metal despite a 25% decline from its January peak. Approximately 100...

Trump teased an Iran deal that didn’t come, but markets soared. Here’s why it keeps happening

The Trump administration sparked optimism this week that a U.S.-Iran deal on the Strait of Hormuz was imminent, driving oil prices down and stocks...