(NEXSTAR) – Amid rising gas and energy prices and with the key passageway for oil shipping still closed, the U.S. and other members of the International Energy Agency said they will release the ...

America will release 172 million barrels of oil from its strategic reserve. This move aims to reduce soaring oil prices. The ...

The U.S. is taking a whole-of-government approach to tackle rising prices, including releasing oil reserves to easing sanctions on Venezuela.

The U.S.-Israel war with Iran has pushed global oil prices to above $100 a barrel, even after the Trump administration last ...

Members of the International Energy Agency have agreed to release 400 million barrels of oil from strategic reserves.

Although the Trump administration is pulling multiple levers to tame energy costs amid the widening Iran war, the average price of gasoline in the U.S. on Friday neared $4 a gallon, raising questions ...

The Trump administration said on ​Thursday that it was offering to loan ‌up to 30 million barrels of crude oil from the West Hackberry Strategic Petroleum Reserve site, marking the ​third solicitation ...

Energy Secretary Chris Wright said the U.S. would release 172 million barrels of oil from the country’s emergency stockpiles, known as the Strategic Petroleum Reserve. The U.S. is releasing the oil as ...