Oil

President Trump announced that Texas will be the site of the United States' first new oil refinery in fifty years.

Secretary of the Interior Doug Burgum confirmed on Sunday that the United States received a $100 million gold shipment from Venezuela.

Oil markets are showing signs of stress as Iran has reportedly moved to restrict navigation along the Strait of Hormuz.

GOP senators warn Treasury Secretary Scott Bessent against potential loopholes in Lukoil divestment talks.

The State Department declared in a media note that the Trump administration is "rapidly implementing President Trump’s vision to reopen and develop Venezuela’s oil industry for the shared benefit of the American and Venezuelan people."

The U.S. military caught and boarded an oil tanker in the Indian Ocean in violation of a U.S. quarantine.

President Donald Trump said that the United States will begin drilling for oil in Venezuela "very soon."

Energy industry advocates are warning that aggressive green energy demands and climate-driven lawsuits are driving up costs for American consumers while weakening U.S. energy independence.

The U.S. military seized another tanker in the Caribbean, U.S. Southern Command announced.

The U.S. military announced that it seized two oil tankers in the Atlantic Ocean.