Oil and gas

Amjad Kurdo / Middle East Images / AFP via Getty Images

Explainer

Syria’s energy push could soon get a major boost from Chevron: What to know

The country's leaders are seeking to translate a flurry of oil and gas agreements into concrete investments and rebuild an industry devastated by more than a decade of war, sanctions and isolation.

Elke Scholiers/Getty Images

Oil falls below $74 as Hormuz traffic recovers after Iran war

Brent crude, the international benchmark for oil prices, was trading at $73.81 a barrel at 10:40 a.m. EDT, down 4.2% from Tuesday's close.

AMIRHOSSEIN KHORGOOEI / ISNA / AFP via Getty Images

Explainer

Hormuz tolls, frozen funds pose early tests for US-Iran peace progress

Early cracks are beginning to show following last week’s US-Iran deal announcement even as both sides move ahead with steps toward ending the four-month conflict.

Qatar's Energy Minister and CEO of QatarEnergy Saad Sherida al-Kaabi speaks during a press conference in Doha on June 22, 2026.

Explainer

Qatar blast underscores challenges in race to restart Gulf energy flows

The deadly explosion marks an early test of Gulf efforts to revive oil and gas production following a historic energy supply shock caused by the US-Israel-Iran war.

Latest News

Explainer

What’s the status of Strait of Hormuz after US-Iran talks?

Handout Photo by the US Navy via Getty Images

Oil falls more than 3% after Iran, US signal progress in talks

MUSCAT, OMAN - JUNE 21: Oil tankers and cargo vessels remain anchored off Port Sultan Qaboos around Qaboos Port on June 21, 2026 in Muscat, Oman. The Strait of Hormuz, a vital shipping route for the region's oil and gas, was effectively blockaded since the outbreak of war between the United States and Iran in late February. This week's provisional peace deal between the countries was meant to reopen the waterway to shipping traffic, but the pace of that reopening is unclear amid continued fighting in Lebano

Explainer

Oil’s slide wavers as Trump warns US-Iran deal ‘not final’

A general view shows the Awad oil field in the eastern Qamishli countryside in northeastern Syria, on Feb. 9, 2026.

3 Iranian tankers with 4.8M barrels of oil pass US blockade: What to know

Amirhossein KHORGOOEI / ISNA / AFP via Getty Images

Jared Szuba

In Washington, DC, reporting on defense, national security, military

General Electric helps increase electricity generation in Iraq

Power stations that General Electric helped develop and improved exploitation of natural gas boost Iraq's energy infrastructure as the country seeks alternatives to imported energy from Iran.

Turkey, Italy conduct joint submarine drill in the Mediterranean

Other Mediterranean states have criticized Turkish actions in the sea recently.

A general view of the El Sharara oilfield, Libya December 3, 2014. REUTERS/Ismail Zitouny/File Photo - GF10000383302

Libya says armed group forces production halt at major oil field

Libya's state-run oil company says the Sharara oil field had just resumed operations before it was stormed by gunmen.

People walk at souq Waqif, following the outbreak of coronavirus, in Doha, Qatar March 12,2020. Picture taken March 12,2020 REUTERS/stringer - RC2CKF9QEYJM

Qatar to begin phased reopening

Coronavirus cases continue to rise in the Gulf country even as restrictions are eased.

Aid flight arrives from Iran to Venezuela despite continued US pressure

Economic and political relations between Iran and Venezuela continue to develop despite Washington's best efforts.

Iraq still committed to energy ties with Saudi Arabia, Gulf states despite Iran electricity deal

Iraq has signed an agreement with Iran to continue importing gas and electricity for two years.

Turkish drilling vessel Yavuz is escorted by Turkish Navy frigate TCG Gemlik (F-492) in the eastern Mediterranean Sea off Cyprus, August 6, 2019. Picture taken August 6, 2019. REUTERS/Murad Sezer - RC110E733AB0

EU criticizes Turkish energy exploration in Mediterranean

Turkey disputes the European Union's position that the waters where Turkey hopes to drill for hydrocarbon belong to Greece and Cyprus.

A man looks as the world's biggest Liquefied Natural Gas (LNG) tanker DUHAIL as she crosses through the Suez Canal April 1, 2008. The Qatari tanker, which was built to transfer LNG from Qatar to Europe and the U.S., is on her first trip ever from Qatar to Spain. REUTERS/Stringer (EGYPT) - GM1E44200C701

Qatar makes massive LNG ship order

The purchase by Qatar Petroleum from three South Korean companies comes as oil prices continue to rise from the lows earlier in the year.

CARABOBO, VENEZUELA - MAY 26: (----EDITORIAL USE ONLY √¢ MANDATORY CREDIT - "ECONOMY VICE PRESIDENT'S OFFICE / HANDOUT" - NO MARKETING NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS----) Iranian flagged fuel tanker 'Fortune' is seen after it was docked at El Palito refinery in Puerto Cabello, state of Carabobo, Venezuela, on May 26, 2020. (Photo by Economy Vice President's Office/Anadolu Agency via Getty Images)

Fourth Iranian tanker reaches Venezuela as US ups pressure

A State Department official said it is warning companies about doing oil-related business with Venezuela as the ships continue to arrive.

A view of the pipelines at Zueitina oil terminal, in west of Benghazi, Libya February 3, 2020. Picture taken February 3, 2020. REUTERS/Esam Omran Al-Fetori - RC2K2F9QGT9E

Libya says oil blockade has cost $5 billion in lost revenue

The Tripoli-based National Oil Corporation said the closure of oil facilities in January has led to billions in losses.

Egypt announces international anti-Turkey alliance

Egypt announced an international alliance that includes Greece, Cyprus, the United Arab Emirates and France to confront Turkish provocative moves in Libya and the Mediterranean.

United Arab Emirates

Is Turkey on moderation path in its foreign policy?

Conciliatory messages coming out of Ankara recently may appear as an effort to moderate Turkish foreign policy vis-a-vis the United States, Europe and Israel, but they are likely to be just maneuvering to weather the many stalemates in Turkey's foreign ties.