🇺🇸 United States · Energy
4 storiesTrump signs order allowing tax-free dyed diesel on highways
President Donald Trump signed an executive order on Monday that temporarily allows off-road “dyed” diesel to be used for highway driving and defers the federal excise tax on that fuel through the end of the year, without interest or penalti…
G7 to release 100 million barrels of oil and diesel reserves over four months
The G7 said Friday it will release up to 100 million barrels of oil and diesel reserves over four months, with a substantial diesel portion front-loaded into the first 20 days and coordinated by the International Energy Agency. President Do…
Tankers struck again near Strait of Hormuz as Iran restates conditions for reopening
At least two vessels were struck over the weekend in waters near Oman and Iran, according to the UK Maritime Trade Operations Centre, which reported a crude oil tanker hit by an unknown projectile on Saturday and a second tanker struck in t…
OPEC+ countries agree to keep November oil output steady amid Iran war
Seven OPEC+ countries — Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman — agreed Sunday to keep crude production unchanged in November and will meet again on Nov. 1. The decision comes as the Iran war keeps fuel prices elev…