President Trump waves after arriving off Air Force One, Friday, Aug. 28, 2026, at Joint Base Andrews, Md. Mark Schiefelbein/AP hide caption toggle caption Mark Schiefelbein/AP WASHINGTON (AP) — President Donald Trump said Friday that his administration has entered a sweeping agreement with Venezuela that, if realized, could give the U.S.
Acy Cooper eats lunch out of his pickup truck at the Myrtle Grove Marina in Port Sulphur, La. on Friday, May 15, 2026. Cooper had just returned to the marina after a shift ferrying oil rig workers from offshore platforms — a job he's taken because of falling shrimp prices and increasing fuel costs.
Cuba took delivery of 15,000 tons of rice donated by China on Sunday when the first of several promised shipments arrived at the port of Havana, helping to somewhat alleviate acute shortages on the Caribbean island.
A gas explosion at a coal mine in northern China has killed at least 82 people, authorities reported Saturday, revising an earlier higher death toll. They added 120 people were hospitalized and were still missing.
Electricity prices are climbing faster than overall inflation. That, coupled with a hotter-than-usual summer, has forecasters warning of a sharp jump in utility bills. Brandon Bell/Getty Images hide caption toggle caption Brandon Bell/Getty Images Temperatures are climbing, and so is the price of electricity.
A customer pumps gas into his car at a Chevron station on May 4 in Los Angeles, Calif. Gas prices have surged to a 4-year high, as tensions in the Middle East continue. Gasoline in California is over $6 a gallon.
At least four people were killed and more than 30 injured during protests that erupted across Kenya on Monday, as a crippling public transport strike fueled anger over a sharp rise in fuel prices linked to the Iran war and disruptions through the Strait of Hormuz.
Skip next section UAE to fast-track pipeline bypassing Hormuz May 15, 2026 UAE to fast-track pipeline bypassing Hormuz The United Arab Emirates has moved to speed up construction of an oil pipeline bypassing the Strait of Hormuz.
India's state-run fuel retailers raised the prices of petrol and diesel on Friday — the first time since the war in Iran began — as they look to recoup some of the losses incurred over rising global crude prices.
Power outages in Cuba worsened on Thursday as Energy Minister Vicente de la O Levy told state television that oil reserves had "run out" amid an ongoing US blockade of oil shipments. The minister said Cuba's power grid had entered a "critical" state. "We have absolutely no fuel [oil], and absolutely no diesel ...
China is undergoing a renewable energy revolution. In 2025 alone, it added nearly 450 gigawatts (GW) of clean energy capacity, which was more solar and twice as much wind as the rest of the world combined. Before 2010, China had only limited renewable energy.
Skip next section Iran: Control of Hormuz could double oil revenues May 13, 2026 Iran: Control of Hormuz could double oil revenues Iran believes it can leverage its control of the Strait of Hormuz for significant economic and geopolitical gain as the crisis in the Middle East continues.