For two months, under a quiet arrangement with the U.S. Navy, commercial tankers turned off their transponders to avoid detection by Iran as they crossed the perilous Strait of Hormuz to carry oil and gas out to the world. The military offered some air cover in case Iran attacked, as naval officers directed the vessels…
The war with Iran has pulled the American oil industry out of a slump, raising corporate profits and spurring some companies to drill more wells. U.S. oil production is now forecast to grow modestly next year, topping 14 million barrels a day for the first time, according to the Energy Information Administration. The federal agency…
Oil is trickling out of the Persian Gulf as stranded tankers take advantage of the fragile détente between the United States and Iran to cross the Strait of Hormuz. The preliminary deal signed this week by the two countries to try to end the war promised a formal reopening of the strait, a narrow waterway…
The average price of U.S. gasoline fell below $4 a gallon on Thursday for the first time in months, after Iran and the United States signed a preliminary agreement to cease hostilities for 60 days and reopen the Strait of Hormuz. The national average for a gallon of regular gasoline fell to a fraction of…
A Russian Navy vessel traveling through the English Channel fired shots on Tuesday near the yacht of a British couple, causing no damage but raising concerns amid ongoing tension between Britain and Russia over marine transit in the region. Late on Tuesday, Britain’s Ministry of Defense said in a statement that the Russian ship, the…
The long-awaited deal to reopen the Strait of Hormuz brought quick relief to the oil market, sending prices to their lowest levels since early March. Getting substantial amounts of oil and gas flowing, however, will take much longer. It can take weeks or months, even in the best of times, to get oil and gas…
American forces in recent weeks have helped coordinate the passage of dozens of commercial vessels through the Strait of Hormuz, according to U.S. officials, even as travel through the waterway remains risky amid stalled negotiations to end the war with Iran. U.S. Central Command has guided around 70 commercial ships through the strait, traveling into…
Trackers that ping satellites every time a whale surfaces for air. Thermal cameras that can detect the animals day and night. Acoustic devices that monitor their calls. These and other emerging technologies could help protect the world’s last surviving North Atlantic right whales from collisions with vessels, a leading threat to their survival. And the…
Seeking to break a deadlock over the Strait of Hormuz, President Emmanuel Macron of France on Wednesday called for the United States and Iran to reopen the contested waterway even before they agree on a truce to end the two-month war. “All parties must lift the blockade of the Strait immediately and unconditionally,” Mr. Macron…
The price of gasoline has gone up around 50 percent in the United States since the war in Iran began, but that average can mask big differences across the country. A gallon of regular fuel cost $4.54 on Wednesday, according to the AAA motor club. But in California, gas averaged $6.16, while it was just…
