The Environmental Protection Agency has told staff overseeing the country’s industrialized Midwest– a region plagued by a legacy of pollution– to stop enforcing violations against the fossil fuel companies,

Markets are concerned about Iran's frequent threats to blockade the Strait of Hormuz, just as the US heads into peak summer demand season.

Oil prices are surging again. Over the past few weeks, crude has jumped more than 10% on the back of intensifying Middle East tensions. Israel has launched one of its most aggressive campaigns in years,

Shell Plc’s former head of oil trading in the US was stiffed on his 2020 bonus by more than $29 million, he claims in a lawsuit that shines a light on compensation inside the oil major’s lucrative trading unit.

Calm returned to Wall Street, and U.S. stocks rallied, while oil prices gave back some of their initial spurts following Israel’s attack on Iranian nuclear and military targets at the end of last week.

Energy prices have jumped since the onset of clashes between Israel and Iran. Investors worry the conflict could have a big economic consequences.