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Oil & Gas

Latest Oil & Gas stories from Energy.

Energy

Briefing: Shares skid, oil surges again as Iran attacks Gulf shipping

Strategic angle: Market reacts to geopolitical tensions as oil prices rise.

Energy

Briefing: US to release 172 million barrels of oil from strategic reserve to combat energy price hike

Strategic angle: The Biden administration aims to alleviate rising energy prices by tapping into the strategic petroleum reserve.

Energy

Briefing: Iran threatens $200 oil barrels as US prepares massive release of emergency petroleum reserves

Strategic angle: Iran's warning comes as the US plans a significant release of its strategic petroleum reserves.

Energy

Briefing: Venezuela's Rodriguez promotes deputy to head oil ministry

Strategic angle: In a significant move, Venezuela's oil minister Rodriguez has elevated his deputy to lead the oil ministry.

Energy

Briefing: Oil Price Whiplash Highlights America’s Enduring Preparedness Gap

Strategic angle: A critical analysis of the implications of fluctuating oil prices on national preparedness.

Energy

Briefing: Iran war: Trump says he'll tap Strategic Petroleum Reserve to cut energy costs

Strategic angle: The U.S. currently has 415 million barrels of oil in its strategic reserve, about 58% of the authorized capacity of 714 million barrels.

Energy

Briefing: Global Oil Shock Triggers The Largest Ever Strategic Reserve Release As Gas Prices Surge

Strategic angle: 400 million barrels of oil will be released, but don't expect immediate relief at the pump.

Energy

Briefing: Trump will decide whether U.S. participates in IEA release of oil reserves, Interior Secretary says

Strategic angle: The IEA is a group of 32 advanced economies primarily in Europe, North America, and northeast Asia. The U.S. is a member of the organization.

Energy

Briefing: Can the IEA put a lid on the price per barrel by releasing oil stockpiles?

Strategic angle: Exploring the potential impact of IEA's oil stockpile release on global oil prices.

Energy

Countries agree to record release of emergency oil reserves as prices surge

The G7 group of nations welcomes the idea of releasing oil in response to the surge in prices since the US-Israel war with Iran began.

Energy

Briefing: Hungary sends fact-finding mission over Druzhba pipeline as Kyiv refuses to recognise delegation

Strategic angle: A Hungarian government delegation has entered Ukraine to assess the Druzhba pipeline, damaged in a Russian drone strike in January.

Energy

Briefing: IEA Agrees to Release 400 Million Barrels of Oil Amid Iran War Disruption

Strategic angle: The move comes as the Iran war continues to choke off traffic through the strategically vital Strait of Hormuz.

Energy

Briefing: Current price of oil as of March 11, 2026

Strategic angle: Latest updates on oil prices from Fortune.

Energy

Briefing: Germany, others partially release oil reserves amid Iran war

Strategic angle: Germany, Austria, Japan, Spain, and France announce plans to release oil reserves as the Iran war escalates and prices surge.

Energy

Man Brings Car To Valvoline For Oil Change. Then They Ask Him A Shocking Question: 'They Make Us Ask You'

'I worked [at Valvoline]. It's almost a cult.'

Energy

Oil prices fall as WSJ says IEA proposes largest oil stock release ever

A significant drop in oil prices is reported following the IEA's proposal for an unprecedented oil stock release.

Energy

Oil plunges 10% as Trump warns to hit Iran 'twenty times harder' if it blockades Strait of Hormuz

Oil prices plunged after Trump warned that Tehran would be hit "twenty times harder" if it attempted to halt oil flows through the Strait of Hormuz.

Energy

Briefing: CNBC Daily Open: Oil jitters persist as U.S. targets Iranian ships near Strait of Hormuz

Strategic angle: Oil was slightly higher as traders expect a group of countries to tap emergency crude reserves to mitigate disruption caused by the war in the Middle East.

Energy

Briefing: China Emerges as Unlikely Haven as Oil Price Shock Hits Global Markets

Strategic angle: China's economy shows resilience amidst global oil price fluctuations.

Energy

Briefing: South Korea plans oil price cap amid Middle East crisis

Strategic angle: In response to rising oil prices due to the ongoing Middle East crisis, South Korea is implementing a price cap on oil.