Oil

Vladimir Putin Andrei Badalov
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Top Russian Oil Executive Dies in Moscow Window Fall

By Shane Croucher is a Breaking News Editor based in London, UK. He has previously overseen the My Turn, Fact Check and News teams, and was a Senior Reporter before that, mostly covering U.S. news and politics. Shane joined Newsweek in February 2018 from IBT UK where he held various editorial roles covering different beats, […]

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NYSE building
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Oil Prices Jump, Stocks Fall After US Strikes Iran Nuclear Sites

Oil prices surged and U.S. stock futures declined as global markets reacted to American airstrikes on Iranian nuclear facilities, according to the Associated Press. Brent crude oil, the international standard, rose 2.6 percent to $79 per barrel, while U.S. crude climbed 2.6 percent to $75.76 per barrel. Why It Matters The U.S.’s strikes on Saturday […]

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tapwater
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Texas County Refuses To Sell Excess Water: ‘The New Oil’

Texas’ Killeen City Council voted unanimously not to approve a plan to sell water with Mayor Debbie Nash-King arguing: “You cannot put a price on water.” Why It Matters The United States is currently in the midst of a multifaceted water crisis caused by environmental issues such as drought, infrastructure challenges and international disputes. In […]

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China's Xi Congratulates Trump, Calls for 'New Era' of US Ties
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Oil Spill After Keystone Pipeline Rupture: What to Know

By Gabe Whisnant is a Breaking News Editor at Newsweek based in North Carolina. Prior to joining Newsweek in 2023, he directed daily publications in North and South Carolina. As an executive editor, Gabe led award-winning coverage of Charleston church shooter Dylan Roof’s capture in 2015, along with coverage of the Alex Murdaugh double murder […]

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Ukrainian soldier training with FPV kamikaze drones
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Fire Engulfs Russian Oil Refinery 900 Miles From Ukraine After Drones Heard

A fire erupted at one of Russia’s largest oil refineries in the city of Ufa in Bashkortostan, approximately 900 miles from the Ukrainian border, following a reported drone attack. Newsweek has contacted the Russian Foreign Ministry for comment by email. Why It Matters Ukraine has primarily used drones to target Russian sites that support the […]

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