Iran seizes 2 Greek tankers in Persian Gulf as tensions rise

By Jon Gambrell And Nicholas Paphitis in Dubai DUBAI, United Arab Emirates (AP) — Iran’s paramilitary Revolutionary Guard seized two Greek oil tankers Friday in helicopter-launched raids in the Persian Gulf, officials said. The action appeared to be retaliation...

At Davos, climate debate over role of oil in ‘going green’

  By Peter Prengaman in Davos DAVOS, Switzerland (AP) — As government officials, corporate leaders and other elites at the World Economic Forum grapple with how to confront climate change and its devastating effects, a central question is emerging: to what extent...

Russia to cut Finland’s natural gas in latest energy clash

By Jan M. Olsen in Copenhagen COPENHAGEN, Denmark (AP) — Russia will cut off natural gas to Finland after the Nordic country that applied for NATO membership this week refused President Vladimir Putin’s demand to pay in rubles, the Finnish state-owned energy...

Alaska lawmakers OK payments to residents of about $3,200

By Becky Bohrer in Juneau JUNEAU, Alaska (AP) — The Alaska Legislature approved a state spending package late Wednesday that would pay residents about $3,200 this year after a vote that would have boosted the payout to about $3,850 narrowly failed in the House. A...

Saudi oil giant Aramco’s first-quarter profits surge 80%

  By Isabel Debre in Dubai DUBAI, United Arab Emirates (AP) — Oil giant Saudi Aramco said Sunday its profits soared more than 80% in the first three months of the year, as the state-backed company cashes in on the volatility in global energy markets and...