Vanguard Energy Index Fund ETF Shares News - August 2026
ExxonMobil disputes EU climate law, citing unrealistic carbon storage costs
ExxonMobil filed a formal notice of dispute with the European Commission against the Net-Zero Industry Act (NZIA). The US oil giant argues that underground CO2...
U.S. Oil Reserves Plunge to 1982 Lows, Driven by Hormuz Shipping Collapse
U.S. strategic crude oil inventories fell to 293.4 million barrels last week. This marks the lowest level for the Strategic Petroleum Reserve (SPR) since 1982....
IEA slashes 2026 oil forecasts, citing Hormuz impasse and depleting stockpiles
The International Energy Agency (IEA) warned in its August Oil Market Report that global oil stockpiles are rapidly depleting. Geopolitical disruptions and the...
Brent oil nears $90, as stalled U.S.-Iran deal keeps Hormuz closed
Brent crude futures neared $90 per barrel on Tuesday during a sharp price rally. Optimism for a U.S.-Iran agreement to reopen the Strait of Hormuz faded...
RWE halts US offshore wind for $1.2 billion, citing policy shift
The United States government will pay German energy firm RWE $1.2 billion to stop all offshore wind project developments. This agreement requires RWE to...
Oil Prices Sink 5%, Trump Resumes Iran Peace Negotiations
Crude oil prices dropped sharply on Monday, August 3, 2026. U.S. President Donald Trump announced the resumption of peace talks with Iran. The news eased...
Oil prices tumble 5%, as Trump announces Iran peace talks
Crude oil prices dropped sharply on August 3, 2026. President Donald Trump announced the resumption of peace talks with Iran. This news eased market fears...
Oil prices tumble 5%, Trump resumes peace talks with Iran
Crude oil prices dropped sharply on Monday, August 3, 2026. U.S. President Donald Trump announced the resumption of peace talks with Iran. This news reduced...
Exxon and Chevron profits surge, fueled by U.S.-Iran shipping blockade
The U.S.-Iran conflict has effectively halted most petroleum shipments through the Strait of Hormuz. This disruption pushed Brent crude prices above $100 per...
Exxon and Chevron profits surge, as U.S.-Iran conflict chokes oil supply
The U.S.-Iran conflict has halted most petroleum shipments through the Strait of Hormuz. Global supply constraints pushed Brent crude prices above $100 per...