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California’s Gasoline Excise Tax Will Rise by 2 Cents on July 1

An automatic, voter-approved inflation adjustment will lift the excise to $0.634 per gallon and intensify scrutiny of the state’s high pump prices.

Iran Seeks Fees on Subsea Internet Cables in the Strait of Hormuz

Iraq Sets Parliament Vote on Zaidi’s Cabinet as U.S. and Iran Press Their Terms

Modi Urges Indians to Cut Fuel Use, Imports and Travel to Conserve Foreign Exchange

Delcy Rodríguez Argues Venezuela’s Esequibo Claim at The Hague

U.S. Sanctions Iraq’s Deputy Oil Minister and Militia Leaders Over Iran Oil Scheme

Fact-Checks Expose Old Videos Pushed as New ‘Iran Strike’ Footage Near UAE

UAE Leaves OPEC+, Weakening the Group’s Price Leverage

Dow Soars 790 Points as Nasdaq Closes at a Record

UAE to Exit OPEC and OPEC+ on May 1

California Gas Prices Near $6 as Oil Shock Collides With Refinery Cutbacks

Ukraine Downs Most of 236 Drones in Overnight Barrage That Kills Two and Damages Energy and Port Sites

Estonia Rules Out Baltic Seizures of Russia’s Shadow Fleet Over Escalation Risk

ADF Chief Says Australia Can Send Warship to Hormuz as Wedgetail Mission Extended

Kiyosaki Ties 1974 Policy Shifts to Today’s Risks, Urges Gold, Silver and Bitcoin

Meloni Launches Surprise Gulf Tour to Bolster Italy’s Energy Security

South Africa Eases April Fuel Hit and Weighs Refinery Revival as War Disrupts Oil

Sanctioned Russian Tanker Reaches Cuba With 730,000 Barrels of Crude

UK Authorises Seizures as Sanctioned Russian Tankers Keep Crossing the Channel

UK Authorizes Forces to Seize Sanctioned Russian ‘Ghost Fleet’ Ships in Its Waters