US Energy Secretary Chris Wright announced the Saudi East-West oil pipeline, targeted by drone attacks, will resume operations soon. This critical alternative to the Strait of Hormuz handles 7 million
US Energy Secretary Chris Wright prioritized boosting domestic production over restricting fuel exports to combat record-high diesel prices driven by global conflicts. Officials met with refiners to i
U.S. Energy Secretary Chris Wright proposed swapping Venezuelan heavy crude for lighter domestic oil to replenish the Strategic Petroleum Reserve amid critically low inventory levels. This move addres
U.S. Energy Secretary Chris Wright announced upcoming measures to boost domestic refinery output and lower gasoline prices amid geopolitical tensions with Iran. Current U.S. refinery rates are at reco
U.S. Energy Secretary Chris Wright stated American refiners can absorb more Venezuelan crude, currently taking half of its 1.2 million barrel daily exports. The U.S. is filling the oil supply void lef
U.S. Energy Secretary Chris Wright promised to replenish the Strategic Petroleum Reserve at a 1.2-to-1 ratio to lower gasoline prices and counter Iran's nuclear ambitions. He also highlighted potentia
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