President Donald Trump has announced that the U.S. will impose a 25% blanket tariff on India, with further tariff increases imminent due to the nation’s decision to purchase Russian oil.
Read More Trump imposes 25% tariff and ‘additional penalties’ on India for purchasing Russian oil, military equipment
Continental Resources has dropped a lawsuit against rival Hess, which alleged it was defrauded out of up to $69 million through a series of deals the well operator conducted with its subsidiaries.
Read More US oil producer Continental Resources drops fraud lawsuit against rival Hess
Chevron closed its $55 billion acquisition of Hess after winning a landmark legal battle against larger rival Exxon Mobil to gain access to the largest oil discovery in decades.
Read More Chevron closes Hess acquisition after winning Exxon legal battle
President Donald Trump announced on Friday that he intends to deliver a “major statement” about Russia early next week, as the Senate weighs legislation aimed at compelling action on sanctions following months of warnings from the U.S. Commander-in-chief.
Read More Trump hints at ‘major statement’ regarding Russia on Monday
Israeli Prime Minister Benjamin Netanyahu is reportedly scheduled to visit the White House next Monday, as President Donald Trump intensifies his renewed efforts to broker a ceasefire in Gaza.
Read More Netanyahu to visit WH amid Trump’s renewed push for ceasefire in Gaza
Steve Bannon, a former senior advisor to President Donald Trump, slammed Elon Musk for his ongoing criticism of Trump’s “Big, Beautiful Bill” and proposing the creation of a third political party.
Read More Steve Bannon slams Musk for proposing creation of third political party, opposing the ‘One Big, Beautiful Bill’