With no nuclear deal with Iran in sight, the United States Treasury has slapped additional sanctions on companies based in Iran, China and the UAE for enabling the export of Continue Reading
The United States imposed sanctions on Thursday on Chinese and Emirati companies and on a network of Iranian firms that help export Iran’s petrochemicals, a step that may raise pressure Continue Reading
Robust demand from Latin America is set to lift US Gulf Coast fuel exports to new heights this month, hampering efforts to build up national inventories amid soaring prices. Waterborne Continue Reading
The U.S. economy is starting to slow under the combined weight of soaring inflation and climbing interest rates—including the highest mortgage rates since 2008. Recent reports show sharp declines in Continue Reading
A rapid rise in American fuel exports this year has helped push gasoline prices to a record $5 a gallon and is pressuring U.S. prices of natural gas, which hit Continue Reading
Lower 48 states at 33-40% risk for hotter temperatures Heat risk highest for Northeast, Texas, the West Coal generation constrained by capacity, supply US gas-fired power generators could see a Continue Reading
As the Biden administration contemplates expanding punitive measures on Russia for its invasion of Ukraine, a big hurdle lies closer to home: the American consumer. U.S. drivers are embarking on Continue Reading
Concerns including energy costs, supply-chain snarls and China’s pandemic lockdowns are contributing to CEOs’ sense that a recession is likely. Most top executives say they think a recession is looming Continue Reading
In eastern Montana and Wyoming, massive flooding has destroyed bridges, swept away homes, and forced the evacuation of more than 10,000 visitors from Yellowstone National Park. Half a million households in the Continue Reading
U.S. refiners last month imported the most heavy crude in nearly two years, customs data showed, as they cranked up motor fuel production and sought to replace sanctioned Russian oil. Continue Reading
