Tankers Sail Through Red Sea Despite Houthi Blockade

25 July 2026 at 10:02

Dozens of ships continued to traverse the Red Sea this week, but with scattered disruption, uncertainty about the passage grows by the hour.

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

NYT - Energy & Environment

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.

Will Oil Prices Rise as the US-Iran Truce Frays? The Answer Lies With China.

NYT - Energy & Environment

By: Rebecca F. Elliott and Lisa Friedman

13 July 2026 at 19:00

For decades, OPEC influenced the market by how much oil it produced. But China, the largest importer, is demonstrating its remarkable power over prices.

A tanker at a crude oil terminal in Qingdao, China. Typically the world’s largest oil importer, China slashed purchases this spring.

Oil Market Calm Shattered by Fresh Hostilities Between US and Iran

NYT - Energy & Environment

By: Rebecca F. Elliott and Lisa Friedman

8 July 2026 at 19:45

Oil prices are likely to remain volatile as long as the United States and Iran are unable to resolve the status of the Strait of Hormuz.

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.

U.S. Oil Is Skipping the Chance to Grab Market Share From the Gulf

NYT - Energy & Environment

By: Rebecca F. Elliott

22 June 2026 at 15:14

U.S. oil production is expected to grow only modestly next year as companies hesitate to spend more in an uncertain market.

Smaller U.S. oil producers are starting to drill more wells, but big companies like Exxon Mobil and Chevron have said they are not changing their plans as a result of the war with Iran.

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.

Average U.S. Gas Price Falls Below $4 After U.S.-Iran Agreement

NYT - Energy & Environment

By: Kailyn Rhone

18 June 2026 at 10:12

Drivers are enjoying some relief at the pump after the United States and Iran signed an agreement to reopen the Strait of Hormuz.

Gasoline prices rose sharply after the start of U.S.-led war with Iran.

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.

An oil facility on Kharg Island, Iran, in 2017.

Gas Prices May Remain High Despite US-Iran Deal

NYT - Energy & Environment

By: Emmett Lindner

16 June 2026 at 12:07

The preliminary agreement may not have an immediate effect on prices at the pump. Damaged infrastructure and risky transport could keep costs up.

Gas prices have soared since the start of the war with Iran.

Deal to Reopen Hormuz Kicks Off Long Effort to Ease Energy Crisis

NYT - Energy & Environment

By: Rebecca F. Elliott

15 June 2026 at 16:52

The pace of the recovery will depend on how confident companies are that the deal between the United States and Iran will hold and be extended.

Vessels in the Strait of Hormuz this month.

The World Is Draining Oil Reserves, Raising Pressure for a Peace Deal

NYT - Energy & Environment

By: Rebecca F. Elliott and Lazaro Gamio

12 June 2026 at 19:28

The amount of oil and fuel stored by businesses and governments has fallen sharply since the start of the U.S.-Israeli war against Iran.

The Iran War is Forcing Energy-Importing Countries to Turn Inward

NYT - Technology

By: Rebecca F. Elliott

8 June 2026 at 14:26

The Iran war is pushing countries to prioritize domestic energy in order to protect themselves from volatile oil and natural gas markets.

The Iran War is Forcing Energy-Importing Countries to Turn Inward

NYT - Energy & Environment

By: Rebecca F. Elliott

9 June 2026 at 16:06

The Iran war is pushing countries to prioritize domestic energy in order to protect themselves from volatile oil and natural gas markets.

The president of Solaric, a rooftop-solar installer based near Manila, said people were now seeing the technology as “a way to survive this new age.”

Oil Prices Jump as Middle East Tensions Build

NYT - Energy & Environment

By: Rebecca F. Elliott and Joe Rennison

1 June 2026 at 20:37

Some analysts said the main international oil price, which was up 6 percent on Monday, could climb much higher in the coming weeks if the Strait of Hormuz doesn’t reopen.

An oil refinery in Carson, Calif. The possibility of continued fighting has raised concerns about how long the world’s stockpiles of oil and fuels will last if the Strait of Hormuz does not reopen.

Which Countries Are Profiting From the Iran War Oil Shock

NYT - Energy & Environment

By: Amy Fan and Rebecca F. Elliott

22 May 2026 at 18:28

An analysis of oil export data offers clues about which nations have benefited from higher prices, and which have lost a lot of revenue.

Tesla’s Semi Truck could Jolt the Trucking Industry

NYT - Energy & Environment

By: Jack Ewing and Gabriela Bhaskar

19 May 2026 at 21:31

California truckers have expressed strong interest in the Tesla Semi because it costs much less and can travel further on a charge than electric trucks sold by established manufacturers.

Screens on either side of a Tesla Semi’s steering wheel provide a view of the traffic around the vehicle.

Bipartisan Bill Would Impose New Annual Fee on Electric Vehicles

NYT - Energy & Environment

By: Jack Ewing

19 May 2026 at 19:24

A House transportation bill introduced this week would require owners of electric cars to pay $130 to cover the cost of road repairs.

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