Add Yahoo as a preferred source to see more of our stories on Google. LONDON, March 10 (Reuters) - The U. S. Navy has refused near-daily requests from the shipping industry for military escorts through the Strait of Hormuz since the start of the war on Iran, saying the risk of attacks is too high for now, according to sources familiar with the matter.

For much of last year, Washington sought to starve Moscow's war machine of cash, in part by removing one of its most loyal customers: India.

California is so desperate for gasoline -- despite sitting on billions of barrels in oil reserves -- that it is importing fuel via the Bahamas.