Oil

Business

How the Israel-Hamas War Imperils Action Against Global Warming

Oil prices could surge. Disagreements between nations could worsen. The conflict complicates already fragile global diplomacy ahead of crucial climate…

World

Venezuela Holds a Key Vote. Here’s What You Need to Know.

Ten opposition candidates are running to face off against President Nicolás Maduro next year. A center-right former legislator, María Corina…

World

A Thaw Between U.S. and Venezuela Ahead of a Key Vote

When the Venezuelan government released five political prisoners late Wednesday to cheers from the country’s opposition, it was the most…

Business

Iran’s Call for Oil Embargo on Israel Roils Markets

The prospect of an oil embargo arising from the conflict between Israel and militant groups contributed to a sharp but…

World

Exxon Mobil’s Pioneer Acquisition Is a Direct Threat to Democracy

Last week, Exxon Mobil agreed to buy Pioneer Natural Resources for $59.5 billion, in a move widely expected to set…

World

Venezuela Pledges Small Steps Toward Fair Elections Next Year

The agreement signed on Tuesday by the country’s authoritarian government and the opposition would not allow all candidates to run.

Business

U.S. Imposes First Sanctions for Violations of Russian Oil Price Cap

The Treasury Department called the action a new phase of enforcement of a policy to starve Russia of oil revenue.

World

China’s Economic Stake in the Middle East: Its Thirst for Oil

China is the largest oil importer by far from Saudi Arabia and from Iran, highlighting the risk it faces if…

Business

Exxon Mobil Strikes $60 Billion Deal for Shale Giant

The acquisition of Pioneer Natural Resources, Exxon’s largest since its merger with Mobil in 1999, increases the company’s presence in…

World

Oil Prices Were Going Down Again. Then War Started in the Middle East.

After a surge this summer when oil prices approached $100 a barrel, the cost of crude was tumbling again. Now…

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