The Middle East crisis isn't just about stranded tankers — oil output could be forced offline next

Tech Insider : Business, Style
Commercial ships anchor off the coast of the United Arab Emirates due to navigation disruptions in the Strait of Hormuz, Dubai on March 2, 2026.
Commercial ships are anchoring off the coast of the United Arab Emirates amid navigation disruptions in the Strait of Hormuz.

Stringer/Anadolu/Getty Images

Ukraine says it flew a drone 930 miles into Russian territory to strike an oil refinery

Tech Insider
FILE PHOTO: A view shows the Gazprom Neft's oil refinery in Omsk, Russia February 10, 2020. REUTERS/Alexey Malgavko/File Photo
An undated photo of Gazprom Neft's oil refinery in Omsk, Russia.

Reuters

Russia will grow faster than the US and all other advanced economies this year, the IMF says

Tech Insider : Economy
Vladimir Putin.
Russia's President Vladimir Putin.

Artem Geodakyan/POOL/AFP via Getty Images

How China has helped Russia and Iran evade Western sanctions, according to a think tank

Tech Insider : Economy
Chinese President Xi Jinping (left) and Russian President Vladimir Putin (right).
&quotWhile Russia may pose the most immediate challenge, China is the bigger long-term threat," CIA director William J. Burns wrote in an op-ed for Foreign Affairs.

Grigory Sysoyev/POOL/AFP via Getty Images

US gas prices have tumbled for 2 months to notch their longest streak of declines in over a year

Tech Insider
California Gas Prices
Gas prices at a Shell station on September 19, 2023 in Burbank, California.

Mario Tama/Getty Images

Oil prices tumble as OPEC+ pushes back key meeting and Saudi Arabia grows frustrated

Tech Insider
A 3D-printed oil pump jack in front of the OPEC logo in this illustration picture SOURCE: REUTERS
OPEC

Dado Ruvic/Reuters

The ruble is gaining and is the world's best performing currency versus the dollar in recent weeks amid rate hikes and energy costs

Tech Insider
russia ruble
Russia's ruble has gained 4% this month.

Shutterstock

The money you are saving at the pump this holiday season is probably only temporary

Tech Insider : Economy
Woman pumps gas while holding a baby.
Travelers will save $1.2 billion at the gas pump this holiday season.

Shannon Fagan/Getty Images

From black gold to green power: Texas, weirdly, is leading America's clean energy future

Tech Insider : Economy, Politics
A silhouette of the state of Texas bears the state's flag. But instead the lone star on the flag is replaced by the rotor blades of a wind turbine. More wind turbines are in the background.
Texas is leading the way in renewable energy. But the battle against oil and gas is far from over.

Arantza Pena Popo/Insider

US stocks edge higher and notch 3rd consecutive week of gains

Tech Insider
A trader works at the New York Stock Exchange NYSE

(Photo by Michael Nagle/Xinhua via Getty Images)

Subscribe to oil-prices