U.S. 'locked and loaded' and ready to respond to Saudi oil attack, Trump tweets
President Donald Trump said the U.S. is "locked and loaded depending on verification" that Iran staged the attack on major Saudi Arabian oil facilities, an assertion already made by his secretary of state and backed by administration officials. "There is reason to believe that we ...
Oil price hikes likely as attacks on Saudi facilities threaten ability to handle supply crisis
Saturday's attacks on key Saudi Arabia processing plants will test the world's ability to handle a supply crisis as it faces the temporary loss of more than 5 percent of global supply from the world's biggest crude exporter. The Iranian-backed Houthi group in Yemen claimed ...
U.S. Secretary of State Mike Pompeo on Saturday accused Iran of leading attacks on Saudi oil plants that cut the kingdom's output roughly in half, ruling out Yemeni involvement and denouncing Tehran for false diplomacy. Yemen's Iran-aligned Houthi group claimed credit for Saturday's attacks on ...
Drones strike major Saudi Aramco oil facilities; attacker unknown
Drones attacked the world's largest oil processing facility in Saudi Arabia and a major oil field operated by Saudi Aramco early Saturday, the kingdom's Interior Ministry said, sparking a huge fire at a processor crucial to global energy supplies. No one immediately claimed responsibility for ...
U.S. House votes to bar Arctic drilling in Alaska but Senate action unlikely
The Democratic-controlled House on Thursday voted to reinstate a decades-long ban on oil and gas drilling in Alaska's Arctic National Wildlife Refuge — a largely symbolic move aimed at reversing a plan by President Donald Trump to drill in the pristine refuge. The 225-193 vote ...
Oil tycoon and 'corporate raider' T. Boone Pickens dies at age 91
T. Boone Pickens, a brash and quotable oil tycoon who grew even wealthier through corporate takeover attempts, died Wednesday. He was 91. Pickens was surrounded by friends and family when he died of natural causes under hospice care at his Dallas home, spokesman Jay Rosser ...
New satellite photos obtained Tuesday show an Iranian oil tanker pursued by the U.S. remains off the coast of Syria. The images from Planet Labs obtained by The Associated Press have the Adrian Darya-1 still near the port city of Tartus. The images taken Sunday ...
New Hampshire Gov. Chris Sununu has signed a bill prohibiting offshore oil and gas drilling in the state's coastal waters. Sununu, a Republican, has opposed President Donald Trump's proposal to expand oil and gas development nationwide. In signing the bill Tuesday, Sununu said the administration ...
Tehran says Iranian tanker unloaded cargo on Mediterranean coast; satellite spots it at Syrian port
An Iranian tanker at the center of a dispute between Tehran and Western powers has delivered its cargo after docking somewhere on the Mediterranean coast, Iran's state news agency IRNA quoted a Foreign Ministry spokesman as saying. "The Adrian Darya oil tanker finally docked on ...
Saudi king replaces energy minister with one of his sons amid strains of oil price slump
Saudi Arabia's King Salman replaced the country's energy minister with one of his own sons Sunday, naming Prince Abdulaziz bin Salman to one of the most important positions in the country as oil prices remain below what is needed to keep up with government ...
U.S. will slap sanctions on whoever purchases Iran's oil, official says
The United States will continue to impose sanctions on whoever purchases Iran's oil or conducts business with Iran's Revolutionary Guards and no oil waivers will be reissued, a U.S. official told Reuters on Sunday. "We will continue to put pressure on Iran and as President ...
