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fromwww.theguardian.com
2 weeks ago

Trump waives US shipping law for oil and gas in bid to lower prices

Donald Trump is trying to make it easier for foreign tankers to move around the US, temporarily allowing foreign-flagged ships carrying oil and gas to travel between US ports, the White House announced Wednesday. The move comes as the president tries to manage a delicate balancing act, attempting to mitigate the increasing price of oil while also carrying out the US-Israel war on Iran.
World news
Russo-Ukrainian War
fromThe Washington Post
2 weeks ago

Trump administration allows for Russian oil sales as energy prices soar

The Trump administration temporarily lifted sanctions on Russian oil shipments for 30 days to stabilize crude prices elevated by its Iran conflict, allowing sales of 128 million barrels previously stranded at sea.
US politics
fromAxios
2 weeks ago

Iranian oil squeeze tests Trump's war plans

Trump released 400 million barrels of oil globally and arranged naval escorts for tankers to stabilize markets after Iranian attacks threatened Persian Gulf shipping and oil prices.
fromwww.theguardian.com
3 weeks ago

IEA orders largest ever release of stockpiled oil to reduce crude price

Oil markets are global so the response to major disruptions needs to be global, too. Energy security is the founding mandate of the IEA, and I am pleased that IEA members are showing strong solidarity in taking decisive action together.
Europe news
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