Iran Has Had An Especially Bad 2018
The Trump administration hit Iran with sanctions after pulling out of the nuclear deal. That's hurt the Iranian economy — and emboldened hard-liners.
oil
Oil Prices Hit A New Low. Here's Why That Might Be A Bad Thing
Oil prices dropped below $60 a gallon on Black Friday, the lowest price in a year. While President Trump credits Saudi Arabia for what he says amounts to a "tax cut," the reality is more complicated.
Report: Amount Of Water Used For Fracking Has Risen Significantly
A new study from Duke University shows that a massive amount of water is being used for hydraulic fracturing, also known as fracking. That is the process used to extract shale gas and oil.
Saudi Arabia's Ambitious Economic Overhaul Hinges On Reducing Its Oil 'Addiction'
The government has ambitious plans to diversify the oil kingdom — and that means revamping the world's biggest petroleum producer.
Trump's 'Energy Dominance' Gets Slow Start On Federal Land
Despite President Trump's pledge to boost oil and gas drilling on federal land, some statistics show there was more activity during the Obama administration.
These Are The Potential Consequences Of Renewing Sanctions For Iran's Oil Importers
Many of Iran's top oil importers are in Asia. South Korea is among them, but U.S. pressure to decrease oil purchases puts Seoul in a tricky position ahead of President Trump's North Korea summit.
'Keep It In The Ground' Activists Optimistic Despite Oil Boom
The U.S. is producing more oil than ever, even as calls to leave all fossil fuels in the ground grow louder. Now the "keep it in the ground" movement is taking its fight to the heart of oil country.
32 Missing After Iranian Oil Tanker Collides With Chinese Bulk Ship Off China's Coast
Its entire crew remained missing Sunday as rescue efforts are hampered by fire and bad weather. The environmental impact of the crash was not immediately clear.
Arctic National Wildlife Refuge Battle Ends, But Drilling Not A Given
After nearly 40 years of heated debate, Congress voted on Wednesday to open the Alaska refuge to oil drilling. Now, it's a wait to see who will actually drill and when.
Economic Impact of Harvey Could Be Felt Nationwide Before It's Over
Hurricane Harvey has inflicted much human misery since Friday, and now its aftermath is causing economic harm. Experts say the flooding may end up damaging oil refineries and boosting gas prices.