As Iran Seizes Tankers, U.A.E. Pulls Back From U.S.-Led Maritime Force

As Iran Seizes Tankers, U.A.E. Pulls Back From U.S.-Led Maritime Force

The United Arab Emirates announced it had stopped participating in the security group after Iran seized two tankers in the Persian Gulf recently.
Climate Shareholder Activists Rethink Their Fight Amid Setbacks

Climate Shareholder Activists Rethink Their Fight Amid Setbacks

Climate-focused shareholder activists have scored only a few victories in their efforts to push oil giants to adopt cleaner business strategies.
Investors See Hope for a Debt Limit Deal

Investors See Hope for a Debt Limit Deal

Stock and bond trading suggest that investors see an imminent deal to raise the debt limit and prevent the federal government from defaulting.
Exxon and Chevron Report More Modest Profits as Oil Prices Ease

Exxon and Chevron Report More Modest Profits as Oil Prices Ease

The oil industry enjoyed record profits in 2022 after Russia invaded Ukraine, but the prices of oil and natural gas have fallen sharply in recent months.