Energy Secretary Chris Wright on Friday suggested that the Strait of Hormuz, which Iran has kept closed amid its ceasefire with the U.S., will reopen “sometime this summer at the latest.” CNBC’s Brian Sullivan spoke with Wright at a new liquefied natural gas facility in Cameron,

The second pipeline project comes as global energy supplies remain under pressure and flows through the Strait of Hormuz remain severely limited

Fears of a 2022-style inflation problem are bubbling back up, but also hope for a Trump pivot on the Iran conflict.

The United Arab Emirates is planning to fast-track construction of a west-east pipeline that would bypass the Strait of Hormuz, opening in 2027.

Average gas prices in Minnesota reached $4.45 per gallon this week as the Strait of Hormuz continues to be closed.

China's U.N. ambassador on Friday criticized a proposed U.S.-Bahraini resolution on the Strait of Hormuz, saying the content and timing were not right and passing it would not be

The war in Iran has closed the Strait of Hormuz for 10 weeks, delaying oil shipments to the Port of Long Beach and driving up gas prices across California.

Clear US 'seeking to exploit the number of the so-called co-sponsors of its politically motivated and one-sided draft resolution to manufacture a false image of ‘broad international support,' says Teh