The amount is small compared with U.S. demand, but the deal aligns the U.S. with Russia and against Ukraine’s efforts to bomb Russian refineries.

Oil shipments have slowed in the face of Iranian attacks after President Donald Trump celebrated restored flows. Such a level of violence has not been seen for months.

Oil shipments have slowed in the face of Iranian attacks after President Donald Trump celebrated restored flows. Such a level of violence has not been seen for months.

Oil shipments have slowed in the face of Iranian attacks after President Donald Trump celebrated restored flows, in a level of violence not seen for months.

Riyadh is paying a steep price for the Iran war. Help from Washington remains circumscribed.

The forecast of economic impacts beyond November’s midterms contrast with the Trump administration’s optimistic messaging.

The forecast of economic impacts beyond November’s midterms contrast with the Trump administration’s optimistic messaging.

The forecast of economic impacts beyond November’s midterms contrast with the Trump administration’s optimistic messaging.

The forecast of economic impacts beyond November’s midterms contrast with the Trump administration’s optimistic messaging.

“This is the first day that Iran really started winning the war,” a Yemeni official said of Houthi territorial gains that give Tehran leverage over a second major waterway.

“This is the first day that Iran really started winning the war,” a Yemeni official said of Houthi territorial gains that give Tehran leverage over a second major waterway.

“This is the first day that Iran really started winning the war,” a Yemeni official said of Houthi territorial gains that give Tehran leverage over a second key waterway.

It is likely to be years before oil production meaningfully ramps up, industry experts say, and there are many risks involved.

It is likely to be years before oil production meaningfully ramps up, industry experts say, and there are many risks involved.

The plan involves the United States taking more direct control over Venezuelan reserves as crime and steep logistical challenges discourage private investors.

A day after the agreement was signed, the president laid out a new requirement: that the Saudis normalize relations with Israel.

The president laid out the new requirement a day after the agreement was signed, casting the future of the pact into doubt.

Saudi Arabia would need to normalize relations with Israel as a condition of a nuclear deal with the United States, President Donald Trump said.

The conflict is not only sapping oil revenue, but also Gulf states’ efforts to expand their economies beyond it.

Amid confusion over the Strait of Hormuz, a starkly different reality is unfolding defined by disrupted supply lines and damaged infrastructure.