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.

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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.

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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

Is Oman’s model of governance about to shift?

Oman's debts are piling up as oil prices crash, putting at risk its wide-reaching social welfare system.

The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, U.S. November 24, 2019. Picture taken November 24, 2019. REUTERS/Angus Mordant - RC23NF9H59Z2

Amid Saudi-Russia price war, US on track to become net oil importer: Report

The coronavirus and the Saudi-Russia oil price war are contributing to a fall in US oil production and the United States is expected to become a net oil importer again in the fall.

Russian President Vladimir Putin and Saudi Arabia's Crown Prince Mohammed bin Salman attend a meeting in Riyadh, Saudi Arabia, October 14, 2019. Sputnik/Alexei Nikolsky/Kremlin via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. - RC16798088B0

Intel: Russia rebuts Trump’s claim that Saudis agreed to oil compromise

President Donald Trump tweeted on Thursday that Russia and Saudi Arabia agreed to a compromise to end the ongoing oil price war after a discussion between President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman.

Can Iran's president turn around its economy?

Iran's economic plight — compounded by US sanctions, low oil prices and COVID-19 — depends on risky and difficult reforms for a turnaround.

A view shows branded oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov - RC2QVF91B7M0

Saudis risk losing last Republican defenders with oil price war

The oil price war places the Saudis at risk of losing their previously stalwart defenders on Capitol Hill, the last line of defense against legislation targeting the kingdom.

Can Russia, Saudi Arabia strike new OPEC+ deal with US help?

As the OPEC+ deal has expired, Russia and Saudi Arabia remain at odds, though the United States offered encouraging words that production cuts might be negotiated.

Patients with coronavirus disease (COVID-19) lie in beds at the ICU of Sasan Hospital, in Tehran, Iran March 30, 2020. WANA (West Asia News Agency)/Ali Khara via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY - RC2GUF9M2YGL

How will the COVID-19 crisis impact US-Iran tensions?

If Iran can hold out long enough against COVID-19, Tehran and Washington might be able to come to terms.

U.S. Representative Michael McCaul (R-TX) arrives at Trump Tower to meet with U.S. President-elect Donald Trump in New York, U.S., November 29, 2016. REUTERS/Mike Segar - RC17792FFC10

Intel: Republicans dial up pressure on Saudis to end oil price war with Russia

Republicans are throwing their weight behind the Donald Trump administration’s push to get Saudi Arabia to end its oil price war with Russia, which has increasingly squeezed American energy companies as the coronavirus runs rampant throughout the United States.

Pump jacks operate in an oil field in the countryside of al-Qahtaniyah town in Syria's northeastern Hasakeh province near the Turkish border, on March 11, 2020. (Photo by Delil SOULEIMAN / AFP) (Photo by DELIL SOULEIMAN/AFP via Getty Images)

Turkey appears to want more than Syria’s oil

Like Moscow and Washington, Ankara seems to be coveting the oilfields of Deir ez-Zor in Syrian Kurdistan, which Kurds fear would give Turkey an opening to take over the entire Rojava area.

U.S. Secretary of State Mike Pompeo takes part in a meeting with Saudi Arabia's Crown Prince Mohammed bin Salman in Jeddah, Saudi Arabia, September 18, 2019. Mandel Ngan/Pool via REUTERS - RC114A0F4CE0

Intel: How the US is relying on Riyadh to reassure global markets

In a phone call with Crown Prince Mohammed bin Salman on Tuesday, US Secretary of State Mike Pompeo urged Saudi Arabia to “rise to the occasion” as the escalating coronavirus crisis and the kingdom’s standoff with Russia continue to hammer global markets.

A policeman is seen at West Qurna-1 oil field, which is operated by ExxonMobil, in Basra, Iraq January 9, 2020. REUTERS/Essam al-Sudani - RC2BCE9XUK4P

Is another economic crisis looming in Iraq, with dropping oil prices?

Iraqis are expressing great concern about the low oil prices amid the coronavirus outbreak, as the government may not be able to pay their salaries in the coming months.

What's behind arrest of Turkish-Azeri billionaire?

Although Azeri-Turkish billionaire Mubariz Mansimov Gurbanoglu was cleared of links to the Gulen movement, he's been arrested again this week.