Even if the strait opened tomorrow, the hit to the global economy would be long lasting.

Add Yahoo as a preferred source to see more of our stories on Google. The Inglewood Oil Field in Los Angeles on Jan. 29, 2026. (Jessie Alcheh/SFGATE) In "L.A. Confidential," Hollywood's pulpy ...

The market for oil is global, which is why events like the war in Iran affect oil prices – and prices of the wide range of products made from oil – literally everywhere. Federal data shows that the ...

The boss of Britain’s largest industry body has called on the government to green-light extraction from two major North Sea ...

Hydrogen is a clean-burning gas that could help to tackle climate change by reducing our dependence on fossil fuels. But ...

NORTH SEA, Denmark (AP) — Appearing first as a dot on the horizon, the remote Nini oil field on Europe’s rugged North Sea slowly comes into view from a helicopter. Used to extract fossil fuels, the ...

This article originally appeared on Inside Climate News, a nonprofit, nonpartisan news organization that covers climate, energy and the environment. Sign up for their newsletter here. Thousands of ...

Add Yahoo as a preferred source to see more of our stories on Google. Homes sitting in the shadows of the Inglewood Oil Field. (Jason Armond/Los Angeles Times) The 342-foot climb from Culver City ...

Forbes contributors publish independent expert analyses and insights. I analyze petroleum economics and energy policy. There is a lot of debate about the potential for Venezuela to produce more oil ...

This article was produced for ProPublica’s Local Reporting Network in partnership with The Frontier. This story is co-published with Grist, which contributed to its development. Sign up for Dispatches ...