What the US attack in Yemen means for oil prices, inflation

(NEW YORK) -- U.S. airstrikes against Houthi targets in Yemen on Thursday night escalated an ongoing conflict over a shipping route that holds significant implications for oil prices and inflation.The military operation, undertaken in partnership with the United Kingdom, came in response to a... Read More.

Iranian Navy seizes oil tanker in Gulf of Oman

(LONDON) -- An oil tanker was seized by the Iranian Navy in the waters between Iran and Oman on Thursday, according to state media.Iran's state-run news agency IRNA published a brief story confirming the seizure by the navy but did not identify the vessel.Earlier... Read More.

Keystone pipeline faces new rules after major oil spill

(WASHINGTON) -- Oil spills along the Keystone pipeline that runs from Canada to Texas have become more frequent and severe, prompting stricter regulations for a 1,200-mile stretch of the pipeline, a federal agency said on Tuesday.TC Energy, the company that operates the Keystone pipeline,... Read More.