Ukraine carried out 81 drone strikes on Russian oil infrastructure in one year alone — targeting refineries that process millions of tons annually and account for Russia's largest source of wartime ...
China is helping Cuba race to capture renewable solar energy as the United States imposes an effective oil blockade on the Caribbean island, creating its worst energy crisis in decades. As the Trump ...
If the United States assumed, before attacking Iran, that the major oil producer would be reluctant to close the Strait of Hormuz for fear of blocking its own oil exports, it miscalculated. Traffic ...
Beijing’s decades-long push to reduce its dependence on foreign oil with huge investments in clean energy sources like electric vehicles is now paying off. By Alexandra Stevenson and Murphy Zhao ...
While traditional energy investors spent the past weekend counting down the minutes until futures markets reopened on Sunday, overseas crypto traders were already placing their bets on the direction ...
Iran spent years stockpiling weapons that could be used to paralyze traffic on one of the world’s most important oil passageways. WSJ’s Shelby Holliday explains how Iran’s mines, missiles, drones and ...
Iran has cut off transit in the Strait of Hormuz to the majority of vessels as part of its fight back against the United States and Israel, saying that not a single liter of oil will get through to ...
Copyright 2026 The Associated Press. All Rights Reserved. Copyright 2026 The Associated Press. All Rights Reserved. Oil tankers and cargo ships line up in the Strait ...
Iran has sent at least 11.7 million barrels of crude oil through the waterway since the war began, all of which were headed to China, according to vessel-tracking data. Many ships have "gone dark" ...
China purchased more crude in the first two months of the year as the country continued to hoard oil to guard against supply disruptions. The world’s biggest buyer imported 96.93 million tons , a 16% ...
David Fishman of The Lantau Group says China has the ability to mitigate the effects of short-term price disruptions to the oil and gas markets due to the Iran war, and that it's likely that the ...