Energy

Morgan Stanley does not expect rising tensions in the world’s most important oil chokepoint to lead to a sustained jump in oil prices.

Auto maker Renault and the Jiangling Motors Corporation Group (JMCG) have officially set up a joint venture for electric vehicles in China.

How will markets react with the rising geopolitical tensions with Iran? We speak with Katie Bays, who’s the co-founder at Sandhill Strategies, and get her analysis.

Brian Sullivan continues his coverage in Vienna, Austria where he recaps what happened on the second day of the OPEC meetings.

Will there be an extension by OPEC to extend production cuts? Brian Sullivan has more for us from Vienna at the OPEC meetings.

OPEC and its allies looked all but certain to extend oil supply cuts by nine months, after several members of the Middle East-dominated producer group endorsed a policy designed to support oil prices amid a weakening global economy.

After the G-20 Summit, the next big meeting will be in Vienna where major oil producer countries like Saudi Arabia and Russia will be attending. Brian Sullivan reports why oil prices have been pretty stable here in the U.S. even with the heighten tensions with Iran and Venezuela’s problems with their oil production.

Over the weekend, the fire at the Philadelphia oil refinery was extinguished. Now, questions remain on the cause of the explosion and how much will it cost to get the oldest refinery in American back and running again. Brian Sullivan reports.

President Donald Trump on Monday signed an executive order imposing “hard-hitting” new sanctions on Iran in response to the downing of an unmanned U.S. drone last week.

President Donald Trump is threatening to impose “major” new sanctions against Iran on Monday, ramping up the pressure on the Islamic Republic at a time when its economy is straining under the weight of financial restrictions.

As President Trump tries to negotiate a trade deal with China that is enforceable at the national level, but in West Virginia the biggest deal the administration has done with China is serving as a cautionary tale. Kayla Tausche has more for us.

President Trump calls off an airstrike on Iran rattling the energy markets and sending oil prices higher. Eamon Javers has more for us from the White House.

We speak with Mike Kelly, who’s the head of research at Seaport Global Securities, about how the markets will react with growing tensions with Iran and the Philadelphia refinery fire.

Tensions between the United States and Iran escalated rapidly after an American drone was shot down by Iranian forces in the Middle East on Thursday — but experts are not expecting it to lead to an outright military conflict.

A series of explosions early Friday tore through a Philadelphia gasoline refinery, the East Coast’s largest, sending shock waves for miles and raining debris on nearby neighborhoods, just as the busy summer driving season was beginning.