Given the scale of LPG use in homes, the government has prioritised LPG supplies to households over commercial and industrial consumers, which has led to massive shortage of the fuel for these ...
The $5 billion project in the Gulf of Mexico is expected to help produce up to 10 billion barrels of oil by the end of this decade. Critics say it could endanger people and marine life.
Iranian state media reported there was no damage to oil infrastructure on Kharg Island but warned about the consequences of "any attack" on its energy infrastructure.
Kharg Island lies roughly 20 miles off Iran's northern Gulf coast. For decades, it has served as Iran's main oil export ...
President Trump said that other countries would join the U.S. in sending warships to the Strait of Hormuz, but did not share ...
California issued more drilling permits, but producers aren’t drilling despite oil prices over $100 per barrel, citing ...
Iran’s oil exports hinge on a small outpost in the Persian Gulf: Kharg Island, the loading point for almost all of the country’s crude shipments.
During the first two weeks of the latest war in the Middle East, as US and Israeli strikes rained down on military and energy facilities across Iran, one site went conspicuously untouched.
Kharg Island, where U.S. forces on Friday destroyed military targets, is the hub for 90% of Iran's ​oil exports and has long been seen as a key vulnerability that would provoke a severe response by ...
The strikes on Kharg Island targeted Iranian military forces, not economic infrastructure on the island, a U.S. military official said.
President Donald Trump claimed that Iran essentially shutting down the Strait of Hormuz "doesn't really affect" the United States the way it does "other countries." It's true that a small share of U.S ...
CFR President Michael Froman discusses the unfolding global energy crisis with CFR’s Dan Poneman and the Center on Global ...