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  • August 2026
    60-Day Ceasefire Ends in Iran Conflict

    CNBC reports that the 60-day ceasefire between the United States and Iran ended on August 17, with no official negotiations or a...

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  • August 2026
    Trump Extends the Jones Act Waiver

    The Jones Act of 1920 requires that ships engaged in domestic U.S. maritime trade be built, owned, crewed, and flagged in the...

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  • August 2026
    Energy Pioneers: Lee R. Raymond

    Petroleum remains the largest single source of energy Americans consume, and still powers roughly 90 percent of the fuel that moves the country's cars, trucks, ships,...

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  • August 2026
    Trump Administration Considers Reopening Shuttered Refineries

    Oil majors warn of a continuing tight market for petroleum products due to a lack of global refinery capacity as the Ukraine...

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  • August 2026
    China’s Sinopec Buys Russian Oil Imports to...

    China's state-owned Sinopec Corp., the world's largest refiner, has been purchasing Far East ​Russian oil to compensate for oil supplies it had...

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  • August 2026
    Iran Gives the United States Six Demands

    Oil prices are up due to uncertainty about the reopening of the Strait of Hormuz. Brent crude oil, the international benchmark, is hovering...

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