The Defense Department’s Office of Strategic Capital, founded by the Biden administration to give loans to bolster the U.S. defense industry, is helping lead President Trump’s oil deal.
The Defense Department’s Office of Strategic Capital, founded by the Biden administration to give loans to bolster the U.S. defense industry, is helping lead President Trump’s oil deal.
President Trump said his defense secretary and secretary of state reached an agreement with the Venezuelan government on securing billions of barrels of oil reserves “through a partnership with private business.”
The Defense Department’s Office of Strategic Capital, founded by the Biden administration to give loans to bolster the U.S. defense industry, is helping lead President Trump’s oil deal.
The Defense Department’s Office of Strategic Capital, founded by the Biden administration to give loans to bolster the U.S. defense industry, is helping lead President Trump’s oil deal.
President Trump said his defense secretary and secretary of state reached an agreement with the Venezuelan government on securing billions of barrels of oil reserves “through a partnership with private business.”
A lawsuit claims that a New Jersey-based company failed to pay for nearly $4 million worth of gas, some of which was sold to gas stations promoted by President Trump.
A lawsuit claims that a New Jersey-based company failed to pay for nearly $4 million worth of gas, some of which was sold to gas stations promoted by President Trump.
A Freedom Fuel Network gas station sold gas for $3.57 per gallon in Dresher, Pa., outside Philadelphia, where the cost of a gallon of gas reached $3.99 that week.
Supporters of Venezuela’s government rally to demand the release of ousted President Nicolas Maduro and his wife Cilia Flores, in Caracas, Venezuela, in January.
Prime Minister Narendra Modi of India at the Group of 7 summit in Evian-les-Bains, France, in June. In the past year, Mr. Modi has paid official visits to at least 20 countries.
A wind farm turbine off the coast of Block Island, R.I., in 2023. California was an early adopter of wind power, but offshore wind farms have so far been developed only on the East Coast.
Our energy reporter Rebecca F. Elliott explains how oil reserves helped prevent an oil shock caused by the war in Iran from getting even worse — and how low those reserves are now.
Our energy reporter Rebecca F. Elliott explains how oil reserves helped prevent an oil shock caused by the war in Iran from getting even worse — and how low those reserves are now.
The two countries said they would create a temporary shipping lane and clear mines in the waterway. Global oil prices dipped after the joint announcement.
The two countries said they would create a temporary shipping lane and clear mines in the waterway. Global oil prices dipped after the joint announcement.
Vessels near the Strait of Hormuz, seen from Musandam, Oman, on Monday. Before the U.S.-Israeli war on Iran, about a fifth of the world’s oil and gas was shipped through the waterway.
The United States threatened sanctions for any country or entity that engages with Iran’s gold, digital assets, aviation, shipping and tech industries. Here’s why that matters.
The United States threatened sanctions for any country or entity that engages with Iran’s gold, digital assets, aviation, shipping and tech industries. Here’s why that matters.
The U.S. has spent 20 years promising ‘crippling sanctions’ on Iran. But the latest effort comes with a reverse twist, after military action failed to accomplish President Trump’s goals.
The U.S. has spent 20 years promising ‘crippling sanctions’ on Iran. But the latest effort comes with a reverse twist, after military action failed to accomplish President Trump’s goals.
In announcing Operation Economic Outcast, the Trump administration said on Monday that it would involve choking off every last transaction that funnels money to Tehran.
Treasury Secretary Scott Bessent said the United States would “tighten the noose” around Iran by imposing sanctions on every source or facilitator of its revenue.
Thousands of Argentines are flocking to a remote stretch of Patagonia, seeking work with only backpacks, tents and the hope that they and their country can turn around their fortunes.
Thousands of Argentines are flocking to a remote stretch of Patagonia, seeking work with only backpacks, tents and the hope that they and their country can turn around their fortunes.
Treasury Secretary Scott Bessent said last week that countries that continue to do business with Iran would face the “full might and force” of the U.S. government.
Mohsen Rezaei, Iran’s new security chief, last month in Tehran. Though hostilities have largely ceased, the United States and Iran are locked in an economic standoff.
Times reporters who cover the war, diplomacy, energy and the broader Middle East are joining our “Ask a Correspondent” feature as the conflict nears the six-month mark. Let us know what’s on your mind.
Times reporters who cover the war, diplomacy, energy and the broader Middle East are joining our “Ask a Correspondent” feature as the conflict nears the six-month mark. Let us know what’s on your mind.
Africans have turned to one of their own for fuel as the world’s supplies run low. But they are not the only ones with the continent’s richest man on speed dial.
Africans have turned to one of their own for fuel as the world’s supplies run low. But they are not the only ones with the continent’s richest man on speed dial.
A U.S. oil company says it could be on the verge of a major discovery in Greenland. The proposal comes at a tricky time for the Arctic island, and locals are lining up against it.
A U.S. oil company says it could be on the verge of a major discovery in Greenland. The proposal comes at a tricky time for the Arctic island, and locals are lining up against it.
The spill of Russian crude bound for India compounds the environmental damage from spills in and around the Strait of Hormuz, where tankers and oil facilities have come under attack.
The spill of Russian crude bound for India compounds the environmental damage from spills in and around the Strait of Hormuz, where tankers and oil facilities have come under attack.
With gas prices high, people in developing countries are lining up to buy battery-powered bikes. We took a spin around Lahore, Pakistan, on a small-but-mighty one.
With gas prices high, people in developing countries are lining up to buy battery-powered bikes. We took a spin around Lahore, Pakistan, on a small-but-mighty one.
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