Iran has captured an oil tanker previously involved in a Washington-Tehran dispute over carrying U.S.-sanctioned crude, state media said. Earlier on Thursday, the U.K. Marine Trade Operation... Read more

By Nathan Gomes and Joseph White (Reuters) -Rental firm Hertz Global Holdings said on Thursday it would sell about 20,000 electric vehicles, including Teslas, from its U.S. fleet due to high... Read more

(Reuters) -Rental firm Hertz Global Holdings said on Thursday it would sell about 20,000 electric vehicles from its U.S. fleet due to higher expenses related to collision and damage, and wil... Read more

Oil futures bounced higher Thursday, finding support as traders monitored rising tensions and shipping threats in the Middle East a day after slumping amid a large increase in U.S. crude and... Read more

U.S. oil production has touched its highest level on record, and exports of the commodity are on the rise, but a hit to prices from a potential slowdown in demand and a lack of sufficient pi... Read more

DUBAI, United Arab Emirates (AP) — Iran’s navy captured an oil tanker Thursday in the Gulf of Oman that only months earlier had seen its cargo of Iranian oil seized by the United State... Read more

DUBAI, United Arab Emirates (AP) — Iran’s navy seized an oil tanker on Thursday in the Gulf of Oman that once was at the center of a major crisis between Tehran and Washington, officia... Read more

Citigroup Inc. on Wednesday said it set aside $1.3 billion in the fourth quarter to account for risks in Argentina and Russia, citing shocks to both nations’ economies, and said it booked ot... Read more