Export controls aren’t said to be on the table at the moment, but anxiety is rising as Trump lashes out at industry profits.

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

America’s greatest rival is single-handedly averting a global energy crisis. No one knows how the country is doing it—or why.

U.S. and international crude oil futures skidded to their lowest levels in more than a year after the influential oil producing group cut its 2024 outlook, citing weakness in Chinese demand.

Sound familiar? A pause in fighting between the United States and Iran has given oil traders hope that a diplomatic resolution could restart the flow of oil traffic out of the Middle East.

Oil’s latest retreat seemed to suggest that the Middle East crisis was perhaps moving closer to a resolution. The U.S. delayed planned attacks on Iran, diplomatic signals improved, and traders expected shipping conditions around the Strait of Hormuz to normalize.

Oil prices fell sharply on Monday as investors watched the latest back-and-forth in the U.S. war with Iran. Over the weekend, President Trump said he had halted a planned U.S. assault as Iran and allies in the Middle East asked him to pause any new strikes in the war that started five months ago. He said that talks with Iran would begin on Monday.

EOG Q2 2026 earnings call insights: record EPS and $2.8B free cash flow, UAE well results, 2026 growth outlook and 70% returns—read now.

Trump's ability to talk down oil and gas prices may be fading just as Republicans enter the midterm stretch.