434 articles
President Trump announced all 50 states will join a Medicaid drug pricing model using Most Favored Nation principles to lower costs. While the administration claims billions in savings, experts questi
The bill grants Trump power to impose tariffs up to 100% on top Russian oil importers, injecting uncertainty into global energy markets and trade relations ahead of US midterm elections.
US-China trade negotiations highlight agriculture, energy, and rare earths as key bargaining chips ahead of the Trump-Xi summit. Potential outcomes include tariff waivers, resumed oil imports, and res
The US House approved a bill authorizing tariffs on countries purchasing Russian petroleum products to fund Ukraine's defense. The measure impacts global energy trade and raises concerns over potentia
President Trump advocated for lower interest rates while oil prices exceeded $100 per barrel due to Middle East tensions affecting Saudi energy infrastructure. Markets anticipate Federal Reserve actio
The Trump administration signals imminent approval of deep-sea mining permits to secure critical mineral supply chains. Interior Secretary Burgum highlighted polymetallic nodules vital for EVs and ele
The Trump administration's EPA announced the rescission of Biden-era emission mandates for fossil-fuel power plants at the G20 summit, projecting $310 billion in savings while facing anticipated legal
The FDA held a public hearing on psychedelic drug therapies as part of an administration push to accelerate development for mental illnesses. Priority vouchers were issued to three companies, sparking
President Trump claims Ukraine and Russia agreed to spare energy targets to stabilize record diesel prices, though experts question enforcement and cite Middle East supply constraints keeping refined
The Kremlin welcomed President Trump's call for Ukraine to cease attacks on Russian diesel infrastructure amid domestic fuel shortages. Ukrainian strikes on refineries have significantly impacted Russ
President Trump suggested the US might retain control of Iranian oil similar to its approach in Venezuela, predicting lower gasoline prices if conflict ends amidst ongoing Middle East market volatilit
President Trump and Republicans outlined policy proposals including fossil fuel expansion and pharmaceutical pricing deals at their convention, but face significant legislative hurdles due to debt con
President Trump stated Houthis requested US non-targeting amid Middle East clashes disrupting oil flows, pushing US diesel prices above $6 per gallon and spiking global energy market anxiety.
U.S. President Trump blamed Iran for an attack shutting down Saudi Arabia's East-West crude oil pipeline. The strike disrupts a key export route bypassing the Strait of Hormuz, raising concerns over g
GOP convention attendees face voter anxiety over surging fuel and food prices, with gasoline at record highs and retailers planning hikes, challenging the administration's economic narrative ahead of
President Trump defended the ongoing war in Iran during a 9/11 anniversary ceremony at the Pentagon, while officials noted that strikes in the Strait of Hormuz are driving up crude oil and refined fue
Multiple firms are applying for US deep-sea mining licenses to extract critical minerals like cobalt and nickel under new Trump administration directives. Experts remain skeptical due to unresolved te
North American Blue Energy Partners aims to raise Venezuelan crude output to 500,000 barrels daily by 2028 following a Trump-administration-backed deal. The agreement secures 100-year concessions for
Backed by the Trump administration, North American Blue Energy Partners plans to double Venezuelan crude output to 500,000 barrels per day by late 2028. The U.S. government secured a 35% equity stake
SEIA and Wood Mackenzie report shows US states backing Trump made up 71% of new solar capacity in H1 2026, adding 15.7 gigawatts ahead of subsidy phaseouts.
Oil prices exceeded $100 per barrel as the Trump administration considers acquiring a stake in Venezuelan oil producer North American Blue Energy Partners. Experts discuss potential obstacles facing t
President Trump stated gasoline prices would drop below $2 per gallon only after the November midterms, despite current highs driven by Middle East tensions. Rising energy costs pose significant polit
President Trump directed the GSA to remove Canadian-origin products from federal procurement lists unless Canada restores reciprocity for American farmers and companies, escalating a trade dispute.
A Bloomberg poll reveals Venezuelans are split on the US oil deal, with 50% believing the US benefits more from the 65 billion barrel reserve agreement. President Rodríguez faces political backlash ov
U.S. oil executives worry the Trump administration's deal granting a 35% stake in Venezuela's North American Blue Energy Partners restricts private sector access. Despite separate agreements by firms
President Trump announced a deal granting the US government a stake in a private firm controlling Venezuelan oil fields, bypassing existing commercial talks. Major energy companies express concern tha
President Trump plans to sign an executive order targeting beef country-of-origin labeling and import tariffs to lower consumer prices. The initiative faces opposition from ranchers who argue it may d
The Trump administration aims to seize Venezuelan crude reserves to displace Chinese influence and restructure debt, threatening Chinese refinery supplies and asphalt production in Shandong due to los
The Trump administration plans to seize Venezuela’s crude reserves, cutting off China’s primary channel for debt repayments and disrupting supplies for Chinese refiners. This move intensifies US-China
Venezuela's oil reserves coming under US control have lifted bond prices ahead of a massive debt restructuring. Chevron and Eni plan major investments to boost crude production, improving prospects fo
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