India gave Russia's leader a warm welcome in his first visit since his country invaded Ukraine. The visit in part signaled India's defiance of the U.S., which has punished New Delhi for buying Russian oil.
Ten years after countries promised to cut climate pollution in the Paris Agreement, countries plan to produce more than twice the amount of fossil fuels that would be consistent with that deal.
Two years after the oil deal was signed, it collapsed —with the Taliban accusing the Chinese company of breaching the contract and some Chinese employees likening the Taliban's actions to robbery.
President Trump said India would pay the price for buying Russian oil and military equipment. Here is a look at how India, with one of Asia's largest economies, is responding.
Global crude oil prices are now lower than they were before Israel attacked Iran earlier this month. A price spike did occur, but it was short-lived — unlike oil crises of the past.
China is closely watching whether Israel and Iran can broker a ceasefire. Beijing gets much of its crude oil imports from Iran through a "dark fleet" of vessels to evade American sanctions.
Israel's attack on Iran sparked the biggest jump in crude oil prices since Russia's invasion of Ukraine more than three years ago. Stocks fell sharply.
Between tariffs roiling the global economy and OPEC putting more barrels on the market, prices have dropped significantly since January. That's good for consumers, and bad for oil companies.
More than three-quarters of U.S. wells make just 6% of the country's oil. They're called marginal wells because of their small output. But they're a big deal to oil producers and environmentalists.
President Trump is making energy a top priority on his first day in office, pledging to declare a national emergency – which no president has ever done before. The implications aren't clear.
President Biden has issued an executive order blocking drilling for oil in more than 625 million acres of U.S. ocean. It's the largest such move in history, but is almost guaranteed to be challenged under the incoming Trump administration.
