Natural gas prices pop as huge winter storm slams U.S. northeast; New York City issues travel ban

Snow falls in New York. Picture Alliance | Picture Alliance | Getty Images U.S. natural gas prices rose on Monday morning as a massive winter storm hit the northeast of the country, affecting 35 million people and leaving hundreds of thousands without power. It comes as cities and towns across the U.S. east coast brace … Read more

Oil prices hit six-month highs after Trump warns Iran of ‘bad things’ if there’s no deal

US President Donald Trump speaks to reporters on Air Force One before taking off from Joint Base Andrews, Maryland on Feb. 19, 2026. Saul Loeb | AFP | Getty Images Oil prices hovered near six-month highs on Friday after U.S. President Donald Trump warned Iran that “really bad things” will happen if there was no … Read more

Trump to decide whether to attack Iran in next 10 days — oil prices jump

US President Donald Trump delivers remarks during the inaugural meeting of the “Board of Peace” at the US Institute of Peace in Washington, DC, on February 19, 2026. Saul Loeb | Afp | Getty Images President Donald Trump said Thursday that he will decide whether to launch military strikes against Iran in the next 10 … Read more

Trump lauds Japan’s pledge to invest $36 billion in U.S. oil, gas and critical mineral projects

U.S. President Donald Trump speaks to journalists aboard Air Force One en route to South Korea on October 29, 2025 in Japan. Andrew Harnik | Getty Images News | Getty Images U.S. President Donald Trump has welcomed Japan’s pledge to invest nearly $36 billion in oil, gas and critical mineral projects in Texas, Ohio and … Read more

Oil prices stable as Iran conducts war games in Strait of Hormuz

Oil prices held steady Tuesday as Iran conducted war games in the Strait of Hormuz, a trade chokepoint that is vital for international crude supplies. U.S. crude oil rose 53 cents, or 0.84%, to $63.42 per barrel by 8:45 a.m. ET. Global benchmark Brent was down 29 cents, or 0.42%, to $68.36. Traffic through the … Read more

Cuba suspends annual cigar festival as U.S. oil blockade deepens energy crisis

A woman smokes a cigar during a humidor auction held as part of the closing ceremony of the XXV Habanos Festival in Havana, on February 28, 2025. Yamil Lage | Afp | Getty Images An annual cigar festival in Cuba’s capital city of Havana, which had been due to take place over five days in … Read more

What’s next for Cuba? Trump turns the screws as the island runs out of jet fuel

Cuba’s President Miguel Diaz-Canel (C) takes part in the “Anti-Imperialist” protest in front of the US Embassy against the US incursion in Venezuela, where 32 Cuban soldiers lost their lives, in Havana on January 16, 2026. Yamil Lage | Afp | Getty Images Cuba’s communist-run government is facing its biggest test since the collapse of … Read more

Russia shrugs off Trump’s tariff threats on those who provide oil to Cuba

A vehicle fills up with fuel at a gas station in Havana on January 28, 2026. Yamil Lage | Afp | Getty Images The Kremlin on Thursday said it is actively discussing what help it can provide to fuel-starved Cuba, dismissing U.S. President Donald Trump’s tariff threat to sanction countries that send oil to the … Read more

After weeks of tension, Trump is still talking tough on Iran. Here’s what could happen next

The prospect of a U.S. attack on Iran has roiled oil prices this year, but analysts tell CNBC a strike would require more military commitment and be more complicated, than the U.S. is prepared for. Stock Chart IconStock chart icon Brent crude April futures Tensions are high, and despite talks last week in Oman, both … Read more

BP suspends share buyback plan in fresh sign of oil price pressure

Trowbridge in Somerset, England, on March 15, 2025. Anna Barclay | Getty Images News | Getty Images British oil giant BP on Tuesday posted fourth-quarter profit in line with expectations and suspended share buybacks, seeking to shore up its balance sheet as lower crude prices take their toll. The London-listed energy firm reported underlying replacement … Read more