Oil
Trump’s Alaska Oil and Gas Lease Auction Draws Just Two Bidders
Only two bidders participated in the Trump administration’s auction for drilling leases in Alaska’s Arctic National Wildlife Refuge as big oil companies sat out the sale.
US-Iran Stalemate Drags On as Conflict Nears 100-Day Mark
The US and Iran remained at loggerheads over any potential truce heading into the weekend, with the conflict nearing the 100-day mark and Tehran saying that it and Oman have sovereignty over the Strait of Hormuz.
Oil Steadies After First Drop This Week on Peace Talk Optimism
Oil steadied after its first decline this week, as optimism over US-Iran peace talks weighed against uncertainty surrounding a ceasefire deal between Israel and Lebanon.
