Baker Hughes sees no slowdown in energy projects despite higher rates as AI buildouts stoke LNG demand
Baker Hughes has yet to see higher borrowing costs slow investment in major energy projects.Trump says U.S. may keep Iranian oil 'like Venezuela' as Gulf-Iran Hormuz talks stall
Trump said revenue from the Venezuela arrangement has "paid for the war many times."Oil prices rise after Saudi Arabia shut down critical pipeline that bypasses Strait of Hormuz
Saudi Arabia has faced escalating attacks from Iran-allied militant groups in recent days.Vessel struck in Strait of Hormuz, UKMTO says, as prospects for U.S.-Iran diplomacy appear elusive
The latest strike happened ahead of an expected meeting between Iranian and Gulf officials in Oman to sign an agreement for shipping through the strait.China's Xi urges BRICS nations to work towards peace in the Middle East
China, Iran's biggest trading partner and a key customer of Tehran's energy exports, is willing to work with BRICS towards peace in the region, Xi said.Trump sees Iran war ending soon after midterm elections, predicts oil prices will then fall sharply
Oil prices retreated on Friday on hopes of a resumptions in negotiations, but notched sharp weekly gains after soaring above $100 a barrel.Oil's roundtrip back to $100. Why China could determine what happens next
The U.S. crude oil price on Thursday topped $102 per barrel for its highest close since May.Tehran won’t surrender to the U.S., Iranian President Pezeshkian says, as India's Modi urges dialogue and peace
On his first visit to India, Iranian President Masoud Pezeshkian said he will not surrender to the U.S. and Israel, as New Delhi renewed its appeal for peace.Saudi Arabia shut down East-West crude oil pipeline after multiple attacks by drones from Iraq
Iran-allied Houthi militants in Yemen have escalated strikes on Saudi Arabia this week.I went to Caracas for Venezuela’s new oil deals. Here’s what stood out
CNBC was one of just a handful of news organizations allowed to travel to Caracas with the U.S. secretary of energy.