See How Houthis Put the Red Sea at Risk as an Alternative Oil Route

By: Rebecca F. Elliott · Lazaro Gamio and Samuel Granados

22 July 2026 at 13:17

Saudi Arabia has diverted huge amounts of oil to the Red Sea since the Iran war began, but now the Iranian-backed Houthi militants say that they intend to block that route.

Oil Prices Return to Prewar Levels After Four Months

NYT - Energy & Environment

By: Gregory Schmidt · Rebecca F. Elliott and Lisa Friedman

26 June 2026 at 22:23

The cost of crude has become a real-time barometer of the Iran war’s toll on the global economy.

In Europe, Tesla Sales Are Rising Despite Views on Elon Musk

NYT - Energy & Environment

By: Jack Ewing

26 June 2026 at 19:05

Price cuts and low-interest-rate loans are luring buyers, including people offended by the company’s chief executive.

A Tesla Supercharger station in Germany. Tesla’s sales have rebounded sharply in Europe alongside sales of all electric cars.

How a Jet Fuel Refinery Is Scrambling After the Iran War Oil Shock

NYT - Energy & Environment

By: John Yoon and Chang W. Lee

26 June 2026 at 10:40

For a mega-refinery in Ulsan, South Korea, a top exporter of jet fuel to the West Coast of the United States and other places, weaning off Middle Eastern oil is no small feat.

China Tightens Rare-Earth Grip on U.S. Firms, Threatening Trade Clash

NYT - Energy & Environment

By: Keith Bradsher

22 June 2026 at 14:34

The move targets two U.S. manufacturers at the center of the Trump administration’s effort to rebuild the domestic supply chain for critical magnets.

MP Materials’ open-pit rare-earth mine in Mountain Pass, Calif., in 2020.

While the World Scrambles for Oil, China Sits on Full Tanks

NYT - Energy & Environment

By: Keith Bradsher

21 June 2026 at 10:01

The possible reopening of the Strait of Hormuz may not prompt China to return quickly to prewar levels of oil purchases from the Persian Gulf.

An oil refinery in Nanjing, in China’s eastern Jiangsu province, last month. Chinese companies kept their refineries running throughout the war.

U.S. Will Waive Oil Sanctions That Have Long Crimped Iran

NYT - Energy & Environment

By: Rebecca F. Elliott

17 June 2026 at 21:19

The preliminary U.S.-Iran deal temporarily waives restrictions that have limited the country’s oil sales and how much money it has been able to make from those exports.