By law, the US Navy is required to operate 11 nuclear-powered aircraft carriers, which has required that the decommissioning ...

Donald Trump signed an executive order on Friday designed to try to prevent the scheduling of rival football games to the ...

The comments came as global oil prices surged above $100 a barrel and tanker traffic through the key waterway slowed sharply ...

Rising gas prices are linked to disruptions in the Strait of Hormuz caused by the conflict between the United States and Iran ...

The Trump administration is currently trapped between the specter of a global economic recession and a naval catastrophe.

Six crew members were killed when a US Air Force refueling aircraft crashed in western Iraq on Thursday, US Central Command ...

The International Energy Agency announced that it would carry out its largest-ever release of oil reserves — 400 million barrels.

When NASCAR Cup Series drivers converge on Naval Base Coronado in June, they won\"t just be racing for their teams -- they\"ll be racing for the Navy. Hosted by Ryan Fitzpatrick, Cup Series stars ...

The US military is currently "not ready" to escort tankers through the critical Strait of Hormuz because all its assets are focused on striking Iran, Energy Secretary Chris Wright said Thursday.

The U.S. is rapidly running out of shock absorbers to cushion the oil market from the loss of Middle Eastern crude supplies as the Iran war rages, raising the risk of a deeper global economic slowdown ...

A surge in oil prices points to what may be Iran’s most effective weapon and the United States’ biggest vulnerability in continuing the campaign: Damaging the world economy. Wednesday’s major ...

Follow live NBC News coverage and latest updates on the Iran war, as the U.S. and Israel launch strikes and Tehran launches its "most intense strikes" to date.