Caleb Larson

In an effort to drag out the ongoing war with the United States, interlocutors for Iran are reportedly prolonging negotiations with Washington.

The Trump administration is scrambling to cut diesel prices before the midterms, from red-dye diesel to reopening refineries.

Trump says a Ukraine peace deal may be the closest yet as his envoys push for talks, while strikes now reach Russia’s data centers.

Ukraine’s strikes threaten Russia’s aging oil industry, but one analyst says Trump and Putin both want them scaled back before the midterms.

One analyst says Putin has scored big wins from Washington lately, as Ukraine’s Starshield link was cut and Russian oil got a U.S. pass.

Russia is one of the world's major oil producers and, compared with other major players in the Middle East, North America, and elsewhere, is undeniably a global heavyweight.

Oil. It's on everyone's lips—and for good reason. With Brent Crude futures, a global oil benchmark , just below $117 a barrel—nearly as high as at

Gulf oil is flowing again, but one analyst warns the real worry is supply, as reserves shrink and key straits remain at risk of closing.

Summary and Key Points: Expert Caleb Larson reports Lockheed Martin CEO Jim Taiclet's earnings-call pitch to keep the F-35 the “most numerous, most important” US fighter for the next decade and, having lost the F-47 and F/A-XX to Boeing, use Skunk Works to add sixth-generation sensors, distributed aperture systems, data links and beyond-line-of-sight capability, reaching 80 percent of a clean-sheet fighter at 50 percent of the cost under a new 10-year Pentagon deal covering 850 US airframes plus allied jets. Yes, the ‘Ferrari' F-35 is possible.

Ukraine's June agreement covers 16 new Saab Gripen E fighters at about $2.5 billion including spares, training, and support. Sweden will donate 16 older Gripen C/Ds from early 2027 so crews can learn dispersed highway operations before the E models arrive in 2029 to 2030, and Kyiv calls the deal a framework for a fleet of 100 to 150. Officials want Meteor missiles on the jet to push Russia's Su-34 glide-bombers back.