Oil

Oil passes $100 a barrel as US energy secretary says Iran won't be a 'long-term war'

Tech Insider : Politics, Business
Oil wells are used to drill for oil.
Oil prices look like they're edging closer to a key threshold that suggests inflation could start to rise and economic growth could get hit from the war on Iran, market pros say.

Pavel Mikheyev/Reuters

Putin eyes 'more profitable' markets for Russian gas amid Middle East chaos

Tech Insider : Business, Economy
Russia's President Vladimir Putin a
Russian President Vladimir Putin is positioning Russia to benefit from tighter LNG markets.

Gavriil Grigorov/Pool/AFP/Getty Images

The oil price spike won't fix Russia's strained finances, an analyst says

Tech Insider : Business, Economy
Russia's President Vladimir Putin
Higher oil prices typically boost President Vladimir Putin's budget, which helps finance Russia's war in Ukraine.

Sergei Fadeichev/Pool/AFP/Getty Images

Trump offers political risk insurance and US Navy escort for ships through the Strait of Hormuz

Tech Insider : Business
Tanker in Hormuz Strait
President Donald Trump offered political risk insurance for "ALL Maritime Trade, especially Energy."

Giuseppe Cacace/AFP via Getty Images

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

Russia says the US is pushing its companies out of Venezuela's energy sector

Tech Insider : Economy, Business
Russian President Vladimir Putin.
The administration of Russian President Vladimir Putin faces uncertainty over its ties with Venezuela following the US military operation in January.

Sefa Karacan/Anadolu/Getty Images

Russia could face costly write-offs in Venezuela on its oil assets and arms loans, think tank analyst says

Tech Insider : Business, Economy
Russian President Vladimir Putin.
Russian President Vladimir Putin.

Mikhail Metzel/Pool/ AFP/Getty Images

Russian oil firm says it will keep its Venezuela assets after US military operation

Tech Insider : Business, Economy
A man sits in front of the national flags of Russia (L) and Venezuela (R) waving in Caracas.
Russia and Venezuela maintain a strategic partnership spanning energy, defense, and diplomacy.

Yuri Cortez/AFP/Getty Images

Trump warns Cuba to make a deal 'before it is too late'

Tech Insider : Economy, Politics, Business
President Donald Trump looks on during a meeting with US oil companies executives in the East Room of the White House in Washington, DC on January 9, 2026.
President Donald Trump has now set his sights on Cuba.

SAUL LOEB / AFP via Getty Images

Exxon CEO calls Venezuela 'uninvestable' during meeting with Trump

Tech Insider : Business
ExxonMobil CEO Darren Woods meeting with Trump.
ExxonMobil CEO Darren Woods meets President Donald Trump at the White House on Friday.

Alex Wong/Getty Images

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