A bipartisan group of U.S. senators introduced a bill to limit, not prohibit, the sale of crude oil from the U.S. Strategic ...

Hopes for a resumption oil flows have been buoyed by the Iraqi parliament’s approval last week of a budget amendment.

which was created in the aftermath of Arab oil embargo in the 1970s, but ran out of funding to buy more crude after purchasing about 60 million barrels. It would take an act of Congress to ...

Alberta Premier Danielle Smith opposes federal threats to impose an oil embargo on the U.S. Amid federal subsidies for clean energy, Smith has doubled Alberta's oil and gas production capacity in ...

Llewellyn King has been a player in the energy space since 1970. It has been 50 years since the Arab oil embargo and the ensuing crisis, which broke in October 1973. The initiating action was the ...

However, while Germany has recently dropped its opposition to an embargo, EU member states with even higher dependence on Russian oil, including Hungary and Slovakia, have asked for revisions of ...

including the embargo on crude oil. U.S. President Joe Biden said he would discuss further sanctions against Russia with other leaders from the Group of Seven (G7) advanced economies this week ...