Environment
US oil producers pledge to help stabilize Iran if regime falls
Trump’s social-media post is a potential public relations hurdle for an industry that has a complicated relationship with the president.
Tanker backlogs, damaged energy infrastructure and threats in the Strait of Hormuz could keep gasoline prices elevated.
The move comes as the U.S. and Israel’s war in Iran has sent oil prices soaring, with a key choke point effectively blocked.
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