Oil (Petroleum) and Gasoline – Page 3 – War Watch

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Strait of Hormuz May Not Return to Normal, Whether It’s Open or Closed
ByRebecca F. Elliott April 21, 2026

The energy industry is planning for a future where the choke point on Iran’s southern coast is a lot less important.

Read More Strait of Hormuz May Not Return to Normal, Whether It’s Open or Closed
Iran | Iran's nuclear programme | Israel | Israel–Iran War | LIV Golf | Mohammed bin Salman (1985- ) | Oil (Petroleum) and Gasoline | Saudi Arabia | Sovereign Wealth Funds | US and Israeli Attack on Iran (2026)

A Leaner Saudi Arabia Turns From Grandiose Plans to Pragmatism
ByVivian Nereim April 20, 2026

A decade after Mohammed bin Salman unveiled his “Vision 2030” program to transform the country’s economy, the kingdom is facing financial strains and reassessing its trajectory.

Read More A Leaner Saudi Arabia Turns From Grandiose Plans to Pragmatism
Iran | Iran's nuclear programme | Israel | Israel–Iran War | Oil (Petroleum) and Gasoline | Prices (Fares, Fees and Rates) | Ships and Shipping | Strait of Hormuz | United States Politics and Government | US and Israeli Attack on Iran (2026) | Wright, Chris (1965- )

Energy Secretary Says Gas Prices May Stay Above $3 Until 2027
ByMinho Kim and Tim Balk April 19, 2026April 20, 2026

Secretary of Energy Chris Wright’s acknowledgment in a TV interview undercut President Trump’s earlier claim that price increases would be “short-term.”

Read More Energy Secretary Says Gas Prices May Stay Above $3 Until 2027
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For Iran, Flexing Control Over Waterway Is New Deterrent
ByMark Mazzetti, Adam Entous and Julian E. Barnes April 18, 2026

Iran’s government could emerge from the conflict with a blueprint to keep adversaries at bay, regardless of any restrictions on its nuclear program.

Read More For Iran, Flexing Control Over Waterway Is New Deterrent
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Reopening Strait of Hormuz Would Ease Oil Crisis but Only So Much
ByRebecca F. Elliott April 18, 2026April 18, 2026

Analysts said energy and shipping companies would be reluctant to fully restore operations until they were confident that hostilities were over.

Read More Reopening Strait of Hormuz Would Ease Oil Crisis but Only So Much
Bessent, Scott | Iran | Iran's nuclear programme | Israel | Israel–Iran War | Oil (Petroleum) and Gasoline | Russia | Treasury Department | Trump, Donald J | US and Israeli Attack on Iran (2026)

Trump Extends Sanctions Exemption on Some Russian Oil as High Gas Prices Persist
ByAshley Ahn April 18, 2026April 18, 2026

The Trump administration has loosened restrictions on Russian oil exports since the war in the Middle East began to rattle energy markets in March.

Read More Trump Extends Sanctions Exemption on Some Russian Oil as High Gas Prices Persist
Iran | Iran's nuclear programme | Israel | Israel–Iran War | Oil (Petroleum) and Gasoline | Persian Gulf | Prices (Fares, Fees and Rates) | Ships and Shipping | Strait of Hormuz | Trump, Donald J | United States | United States International Relations | United States Politics and Government | US and Israeli Attack on Iran (2026) | War and Armed Conflicts

Oil Prices Fall Sharply After Iran Says Strait of Hormuz Is Open
ByRebecca F. Elliott April 17, 2026April 17, 2026

But analysts said it was not clear how quickly the oil industry in the Persian Gulf would be able to get back to normal.

Read More Oil Prices Fall Sharply After Iran Says Strait of Hormuz Is Open
Iran | Iran's nuclear programme | Israel | Israel–Iran War | Oil (Petroleum) and Gasoline | Ships and Shipping | Strait of Hormuz | United States Defense and Military Forces | US and Israeli Attack on Iran (2026)

Strait of Hormuz Is Open During Cease-Fire in Lebanon, U.S. and Iran Say
ByPeter Eavis, Jenny Gross and Joe Rennison April 17, 2026April 17, 2026

Statements from President Trump and Iran aimed to raise confidence in the safety of the waterway, but shipping experts said risks remained.

Read More Strait of Hormuz Is Open During Cease-Fire in Lebanon, U.S. and Iran Say
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White House Shrugs Off Shaky Economy as War Exceeds Trump’s Timeline
ByTony Romm and Colby Smith April 16, 2026April 17, 2026

Stocks may be soaring again, but the war in Iran has started to pinch the finances of many Americans.

Read More White House Shrugs Off Shaky Economy as War Exceeds Trump’s Timeline
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European Airlines Face Fuel Shortages Within Weeks
ByNiraj Chokshi April 16, 2026April 16, 2026

If tankers do not soon begin crossing the Strait of Hormuz, airlines in Europe may not have enough jet fuel to operate all of their flights.

Read More European Airlines Face Fuel Shortages Within Weeks