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U.S. ENERGY INFORMATION ADMINISTRATION
US working to release energy reserves, boost sales of gas to ASEANThe United States is taking significant steps to elevate its role in the energy landscape of ASEAN nations by releasing energy reserves and...
Higher gasoline prices likely pushed up US consumer inflation again in MayMay is poised to bring a notable rise in consumer prices across the United States, signaling the steepest hike in three years. Fueled by es...
Why are oil prices up, while gold, silver prices down today along with upcoming US stock market futures crash? US attack, Iran tensions, inflation fears and market reaction explainedWhy are oil prices up, while gold, silver prices down today along with upcoming US stock market futures crash? Global markets moved in diff...
Trump says pilots safe after US Army Apache goes down near HormuzA US Army Apache helicopter crashed near the Strait of Hormuz. President Donald Trump confirmed the pilots are safe and uninjured. The crew...
US stocks | Alphabet taps Intel to make three million in-house chips: ReportNvidia has not placed an order with Intel yet, but has been evaluating whether the company's technology can be used to make a processor tha...
Income Tax Department issues ITR scrutiny guidelines: These ITR filers may face compulsory scrutiny in FY 26-27The CBDT has released new guidelines for compulsory income tax return scrutiny in FY 2026-27, impacting returns filed in FY 2025-26. Specif...
Global markets: Japan's Nikkei slumps, yen trades above 160 level on tech, Gulf concernsJapan's Nikkei share average experienced its biggest drop in three months. The yen also weakened significantly against the dollar. Concerns...
Oil Price Today (June 8): Crude oil flares up 5% as Israel attacks Iran, Lebanon in latest escalation. What's next?Oil prices surged 5% on Monday after Israel launched fresh strikes on Lebanon, raising fears of renewed Middle East tensions and potential ...
Oil market calm masks a host of unknownsGlobal oil markets are experiencing an unusual calm despite a major supply shock. The Strait of Hormuz remains largely shut, impacting sign...
Dollar climbs to two-month peak as Fed hike bets ramp upThe dollar surged to a two-month high following a robust U.S. jobs report, intensifying expectations for a Federal Reserve rate hike this y...
Donald Trump says he would not unfreeze Iran's assets ahead before deal is donePresident Donald Trump stated he will not release Iranian funds or remove sanctions until a peace agreement is finalized. These actions wil...
Pakistan's interior minister is in Tehran as the US downs more Iranian drones over HormuzPakistan's interior minister is in Tehran to revive Iran-U.S. negotiations. This comes as U.S. forces downed Iranian drones near the Strait...
Strait of Hormuz: Iran-U.S. war is far from over. Here's whyIran’s Revolutionary Guard said it had targeted the Ali Al Salem air base, which hosts U.S. forces in Kuwait, and the U.S. Navy’s 5th Fleet...
Strait of Hormuz boils again: Iranian drones launched toward global oil corridor shot down, says U.S militaryIran war: U.S. Central Command said it hit the radar sites, including an island in the Strait of Hormuz, “to defend against further attacks...
Boeing weighs 737 ramp-up to approach Airbus production targets, Air Current reportsBoeing is considering a significant increase in its 737 jet production. The company is exploring plans to boost output to approximately 70 ...
Trump unveils $700 million coal support plan using emergency powersPresident Donald Trump is using emergency powers to boost the US coal industry. Nearly $700 million will fund upgrades to power plants and ...
Why are oil prices up today, and will Brent futures and US WTI crude prices continue to rise or decline again? Iran war, Strait of Hormuz disruption and falling oil stockpiles drive marketWhy are oil prices up today, and will Brent futures and US WTI crude prices continue to rise or decline again? Oil prices moved higher and ...
U.S. drug regulator flags data integrity, maintenance lapses at Dabur India plantThe U.S. FDA has identified significant data integrity and manufacturing lapses at a Dabur India plant following a January inspection. Find...
US crude, fuel inventories fell last week, EIA saysAmerican oil reserves saw a significant drop last week. Crude oil inventories decreased by 3.3 million barrels. Gasoline stocks also fell b...
Oil rebounds after news of US strikes on Iranian military siteOil prices surged today following reports of new U.S. strikes on an Iranian military site. This escalation comes as Washington and Tehran a...