United Statesoic

President Donald Trump says the Naval blockade of the Strait of Hormuz is "doing very well." He says a new deal could give the US "free oil." He speaks to reporters at the White House.

Some refiners could wait several weeks for oil even after the Strait of Hormuz is fully reopened, keeping up the pressure on prices. Macquarie Group Global Energy Strategist Vikas Dwivedi said in a recent note that oil could hit a record of $200 a barrel if the Iran war drags on. He speaks on Bloomberg Surveillance.

Oil markets remained on edge Monday, with Brent crude holding near $115 a barrel, as President Donald Trump indicated a potential diplomatic breakthrough in the Middle East while simultaneously threatening military strikes against Iran’s critical energy infrastructure.

NRG Energy CEO Lawrence Coben discusses the company's strategy and its Houston power plant project with Bloomberg's Julie Fine at CERAWeek in Houston.

Enbridge CEO Greg Ebel discusses the impact of the Iran conflict on global oil demand and the role of energy infrastructure with Bloomberg's Julie Fine at CERAWeek in Houston.

Canada's Energy Minister Tim Hodgson says he's spoken to US officials about shipping more natural gas to the US for LNG export and to support AI data-center demand. He speaks to Bloomberg's Julie Fine at CERAWeek in Houston.

US Energy Secretary Chris Wright says oil from the US strategic reserve started flowing on Friday afternoon. "Prices have not risen high enough yet to drive meaningful demand destruction," Wright said during a discussion at CERA Week in Houston.

Oman's key oil export terminal was evacuated and two crude tankers were hit in Iraqi waters, as risks to global energy supply from the Middle East war deepened. Ships were ordered to leave the port of Mina Al Fahal in Oman as a precautionary measure, according to people who directly received a notice from a port agent. The attacks on the vessels off the coast of Iraq also prompted the nation's oil terminals to suspend operations. he latest developments point to an increase in retaliatory attacks from Iran, adding to pessimism that the war will persist for longer. Our EMEA News Director Will Kennedy joined Stephen Carroll and Caroline Hepker on Bloomberg Radio to discuss.