OPEC

The latest production cuts pledged by Saudi Arabia might be felt by the U.S. in 6 to 8 months when Biden will be in the middle of his presidential campaign.

The decision strikes a new blow to the souring relationship between the U.S. and Saudi Arabia, the latter of which has moved closer to Russia and China.

Analysts have rolled back their forecast on gas prices rising after an unusually warm winter.

Gas prices have fallen to averages not seen since before Russia invaded Ukraine, a sign that the global economy is in rough shape.

If there is a silver lining from last week's OPEC+ oil cut, it's that U.S. policymakers will begin to see relations with Saudi Arabia as they really are.

"They chose to back up the Russians, drive up oil prices...and there's got to be consequences," Senator Chris Murphy said about Saudi Arabia.

"We are reevaluating our relationship with Saudi Arabia in light of these actions," the National Security Council's John Kirby said.

U.S. officials need to stop being shocked when the organization flouts Washington's demands.

A second Saudi-backed golf tournament at one of Trump's courses continues the theme of Saudi Arabia working with the former president, but not with Biden.

Like so many frightened university presidents and newspaper editors before him, Joe Biden long ago abandoned his actual beliefs.

Some Democrats want U.S. troops to leave the country after an OPEC+ decision to cut oil production, with Sen. Bob Menendez wanting a freeze on "arms sales."

Both the S&P 500 and the Nasdaq Composite Index recorded 52-week lows on Tuesday.

The key Senate Democrat says he'll block cooperation with Saudi Arabia over its support for cuts in global oil production.

According to gas-price tech company GasBuddy, prices at the pumps have risen for the past three weeks.

Sen. Richard Blumenthal and Rep. Ro Khanna suggested the U.S. stop sending weapons to the kingdom after it sided with "nuclear bomb extortionist" Vladimir Putin

Meanwhile, La Niña is expected to blast colder-than-normal air across Europe, including Ukraine.

The timing of the OPEC decision to cut oil production right before the U.S. midterms is drawing speculation.

Gas prices are trending higher during a time when Americans are already feeling the effects of inflation.

"Trump would be wise to stay out of the way," Austin Carson, an associate professor of political science at the University of Chicago, told Newsweek.

"We must hold OPEC and its allies accountable for colluding to hike energy prices on working families," Democratic Senator Ed Markey of Massachusetts said.

Gas prices are already on the rise in some areas after a decision by OPEC to reduce oil production by up to 2 million barrels a day.

The Kremlin said it would be announcing a temporary cut in production in response to the news.

Russia has already crossed the Cyber Rubicon by temporarily shutting down Ukraine's power grid in a crippling operation during Christmas of 2015.

The three Democratic lawmakers called OPEC's decision a "slap in the face."

Some European Union countries may threaten to fold their sanctions against Russia as oil prices soar.

The Biden administration said OPEC's decision to cut oil production is "shortsighted."

OPEC's cut in oil production by 2 million barrels per day would be the largest since the start of the COVID-19 pandemic.

Joe Biden's first Middle Eastern trip as president comes as Americans face soaring prices at the pump.

A record number of Americans are expected to travel by automobile this Fourth of July, all while oil prices fluctuate almost daily.

Gas prices have reached all-time highs and show no signs of falling soon. So, when can hard-hit consumers expect some good news?