Iran's Supreme Leader Ayatollah Khamenei led the Friday prayers “for the first time in 5 years” today. He hailed the ...

Oil prices climbed this week as tensions in the Middle East escalated. A jump in oil prices automatically spurs fear of a ...

An about 20% rise in the global price of a barrel of oil is predicted if Israel launches missile attacks against Iranian oil ...

Don't assume "an eye for an eye" response as Israel contemplates its next move against Iran and its proxies, with a top ...

While Iran can export 1.7 million barrels, Saudi Arabia, alone, has been able to increase production by three million barrels per day. President Joe Biden stated he was opposed to strikes on Tehran’s ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

October began with some dour developments. Hurricane Helene ravaged parts of the Gulf Coast and Appalachia, killing more than ...

Israeli and US officials have indicated Iran's oil facilities could be a potential target in retaliation for its massive ...

OPEC+ has enough spare oil production capacity to offset any supply shocks from Iran if tensions escalate further.

Biden, in a rare appearance in the White House press briefing room, was responding to comments made by one of his allies, Sen ...

Bets for $100 a barrel crude are going up for both WTI and global benchmark Brent crude "because of the most significant risk to Middle Eastern oil supplies in decades," said Flynn.