Energy

Middle East

Tehran agreed to allow United Nations inspectors access to two sites where it is suspected of carrying out illicit nuclear-weapons work in the past, bowing to months of pressure in a bid to salvage backing for the 2015 nuclear deal.

Commodities

California launched a market in forest preservation with its cap-and-trade regulations. Now energy giants such as BP are expanding their investments in a bet that it is about to become more lucrative.

Commodities

Natural gas prices have shot up 66% since late June, and speculators are betting they will keep climbing. But the companies that control the country’s spigots aren’t so sure.

Logistics Report

Fighting between Islamic extremist rebels and Mozambique’s army over a key port is threatening to disrupt the East African nation’s burgeoning natural-gas developments, including a multibillion-dollar project led by French energy giant Total.

Risk & Compliance Journal

A former procurement officer at a Petróleos de Venezuela SA subsidiary has pleaded guilty to an alleged role in a bribery scheme, and a former Citgo manager has been indicted on money-laundering charges, in the latest developments in a sprawling U.S. probe into alleged corruption at Venezuela’s state-owned energy company.

Commodities

After rebounding from a historic crash this spring, the oil market is back under pressure from the twin forces of rising supply and stalling demand.

Earnings

E-commerce business at the world’s largest retailer jumped 97% from a year ago, boosted by people ordering groceries online to pick up in store parking lots. Sales at stores or digital channels operating for at least 12 months rose 9.3%.

WSJ News Exclusive

The U.S. oil major could unveil a pact with Baghdad on the sidelines of a White House visit this week, in what would be a boost to Iraq’s oil industry.

U.S.

The state is struggling to deliver enough power to keep the lights on for the first time in nearly two decades as a severe heat wave broils the region.