Container ship sinks in Strait of Hormuz as Iran escalates attacks
The GFS Pride sank after being struck by an unidentified projectile as Iran intensifies strikes on commercial vessels transiting one of the world's most critical shipping routes.
CNBC · 1m
Oil industry warns diesel export ban will raise fuel prices
Trump considers restricting diesel exports to tackle rising fuel prices ahead of midterm elections, but energy experts warn the policy would backfire.
CNBC · 2m
Trump weighs diesel export ban as prices hit record high
The administration is examining whether restricting diesel exports could ease fuel costs that have surged to $6.53 per gallon.
CNBC · 1m
Trump ally's oil company moves into Venezuela
Harold Hamm's Continental Resources signs deal to develop 30 billion barrels in Venezuela's Orinoco Belt.
CNBC · 1m