News

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
The risk of Iran closing the Strait of Hormuz is real and could disrupt 20% of global oil supply. Click here for more ...
Renewed conflict in the Middle East sent crude prices up like an Iron Dome, and then down like a retaliatory strike. US ...
Crude oil and refined product futures prices were seeing gains Tuesday morning, pushed higher by escalations in the conflict between Israel and Iran.
Conflict between Israel and Iran has rekindled fears of a disruption to a narrow waterway key to the global economy.
Two oil tankers caught fire off the coast of the United Arab Emirates in a dramatic incident that has once again brought ...
Shell's focus on LNG, renewables, and efficiency under new leadership, paired with strong profits and undervalued shares, ...
New Jersey gas prices inched up over the past week as hostilities between Israel and Iran rattle global oil markets and push ...
The S&P 500 Index ($SPX) (SPY) today is down -0.43%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.28%, and the ...
Amid escalating attacks between Iran and Israel, Iran threatens to withdraw from the Nuclear Non-Proliferation Treaty and potentially close the Strait of Hormuz, a critical global oil route.
Shipowner Frontline said the incident near the Strait of Hormuz was due to navigational issues and not related to the current ...
The Foundation for Defense of Democracies, in a policy briefing published Monday, stated: “US forces in the Middle East are ...