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The Supreme Court has ruled that Exxon Mobil can sue Cuban state-owned companies in American courts over property on the island nation that was seized after Fidel Castro took power. The decision Tuesday was the second in as many months in favor of U.S. owners of Cuban property that was confiscated by the Communist government more than 65 years ago.

Exxon earned nearly $56 billion in profit last year, the biggest annual profit any Western oil company has ever seen. Chevron set its own record with $35 billion in profit.

President Biden says he wants the biggest refiners to do more to increase gasoline supply and lower prices. He says he's ready to use emergency powers to boost capacity — but he didn't give details.

Venezuela's regime and opposition are repeating a century-old claim that three-fourths of Guyana belongs to their country. Is it valid — or nationalist nonsense?

A brand-new hedge fund wants ExxonMobil to take climate change more seriously. And despite Exxon's intense opposition, it managed to fill at least two seats on the oil giant's board of directors.

On Thursday Venezuelan President Nicolás Maduro will be sworn in after his unconstitutional re-election. Much of the world considers his socialist regime…