Middle East oil power is losing geopolitical influence. Global energy diversification and reduced Western dependence—especially by the U.S. and EU—have made markets more resilient to Middle Eastern ...

In 1920, the colonial powers of the British Empire and France reverse course on their commitment to grant independence to the ...

The Iran-Israel war did not spike in American energy prices, and the seeming end to the war indicates that there is unlikely to be one, energy sector experts told the Daily Caller News Foundation.

U.S. shale oil and gas innovations have reversed the global energy power balance since the 1970s, now guiding Middle Eastern ...

Immediately after Israel attacked Iran earlier this month, crude oil prices spiked up — exactly like you'd expect with a war that threatens oil supplies. The price increase was substantial: 7% within ...

Global crude oil prices have eased. Markets are betting that protracted conflict is unlikely. meanwhile, domestic production has helped insulate the U.S. from global price shocks. War broke out in the ...

HANOI, Vietnam (AP) — Asia’s dependence on Middle East oil and gas — and its relatively slow shift to clean energy — make it vulnerable to disruptions in shipments through the Strait of Hormuz, a ...

Oil giants in the Middle East are taking a more direct role in using the region’s oldest resource to finance a multibillion-dollar bet on a new one: Artificial intelligence.