American investors are flocking back to the country’s vast reserves, lured by promises of reform. But the officials who ran the industry into the ground are still the ones in charge.
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American investors are flocking back to the country’s vast reserves, lured by promises of reform. But the officials who ran the industry into the ground are still the ones in charge.
Trump envisions a new era of offshore oil drilling. Scientists know all too well how that story ends.
A series of uncannily timed bets on the price of oil and stocks deserves a proper investigation. It’s far from clear that they’ll get one.
The country is in survival mode, and effectively fighting back by shutting down the Strait of Hormuz and blocking the transport of much of the world’s oil supply.
A conflict that was supposed to be brief has sent oil prices soaring and raised the risk of a worldwide recession.
In the President’s first term, Iran demonstrated what tactics it would use in a confrontation with the U.S. Yet the Administration seems to have no game plan.