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Tag: OIL

WASHINGTON, DC - MAY 06: U.S. President Donald Trump (R) meets with Canadian Prime Minister Mark Carney in the Oval Office at the White House on May 6, 2025 in Washington, DC. Carney, who was elected into office last week, is expected to meet with President Trump to discuss trade and the recent tariffs imposed on Canada. (Photo by Anna Moneymaker/Getty Images)

Trump Blasts Canada PM Before First Meeting: ‘We Don’t Need Anything They Have’

Before President Donald Trump welcomed Canadian Prime Minister Mark Carney to the White House on Tuesday, he questioned the United States’ trade deficit with its northern neighbor in a Truth Social post — emphasizing that Canada is foolish to act like they have the upper hand in negotiations.

Read More Trump Blasts Canada PM Before First Meeting: ‘We Don’t Need Anything They Have’
Smoke billows on the horizon following an Israeli air strike on Yemen's Huthi-held capital Sanaa on May 6, 2025. Israeli air raids struck Yemen's main airport and power stations in the Sanaa area on May 6, Huthi media and Israel's military said, the latest retaliation for a missile attack by the Iran-backed rebels. (Photo by Mohammed HUWAIS / AFP) (Photo by MOHAMMED HUWAIS/AFP via Getty Images)

Israeli Airstrike Shuts Down Yemen Airport And Power Plants In Continued Retaliatory Attacks On Houthis

According to surfacing reports, the Israeli military completely disabled Yemen’s international airport and multiple power plants after a series of retaliatory airstrikes struck the nation’s capital on Tuesday. 

Read More Israeli Airstrike Shuts Down Yemen Airport And Power Plants In Continued Retaliatory Attacks On Houthis
NOLAN, TEXAS - APRIL 08: An oil pumpjack is seen in a field on April 08, 2025 in Nolan, Texas. U.S. oil prices fell nearly 2% today and are more than 15% lower than last week when U.S. President Donald Trump announced new tariffs on imports, raising concerns on the effect they'll have on global economic outlook. (Photo by Brandon Bell/Getty Images)

Trump Admin To Increase Gulf Oil Output By 100K Barrels Daily Under New Drilling Plan

The Trump administration is helping to increase oil production in the newly renamed Gulf of America by 100,000 barrels per day under a new policy following President Donald Trump’s executive order to increase American energy. 

Read More Trump Admin To Increase Gulf Oil Output By 100K Barrels Daily Under New Drilling Plan
AGRA, INDIA - APRIL 23: U.S. Vice President JD Vance speaks to media as he departs Agra, India en route to Jaipur, India after visiting the Taj Mahal on April 23, 2025 in Agra, India. Vance and Indian Prime Minister Narendra Modi yesterday indicated progress had been made in talks for a trade deal between the two countries as New Delhi attempts to boosts ties with the Trump administration and avoid steep U.S. tariffs. (Photo Kenny Holston - Pool/Getty Images)

With Trump’s ‘Final Offer’ On the Table, Vance Warns Of U.S. Exit from Russia-Ukraine Talks

Vice President JD Vance threatened to abandon Russia and Ukraine peace negotiations on Wednesday ahead of a high-stakes meeting in London where the two nations are to discuss President Donald Trump’s “final offer.”

Read More With Trump’s ‘Final Offer’ On the Table, Vance Warns Of U.S. Exit from Russia-Ukraine Talks
TOPSHOT - Images of a fireball exploding on a cargo ship are shown on a giant screen during a protest called for by Yemen's rebel Huthi movement in Sanaa on March 17, 2025. Huge crowds joined protests in rebel-controlled Yemen on March 17 after deadly US strikes killed dozens and sparked fears of a new cycle of violence in the conflict-torn country. (Photo by Mohammed HUWAIS / AFP) (Photo by MOHAMMED HUWAIS/AFP via Getty Images)

State Dept Accuses China Of Assisting Houthis With Intelligence To Attack U.S. Warships, Merchant Vessels In Red Sea

The U.S. State Department has accused a Chinese satellite technology company of directly assisting the Houthis, an Islamist terrorist group, in targeting U.S. warships and merchant vessels in the Red Sea.

Read More State Dept Accuses China Of Assisting Houthis With Intelligence To Attack U.S. Warships, Merchant Vessels In Red Sea
US Federal Reserve Chair Jerome Powell speaks at the Economic Club of Chicago in Chicago, Illinois, on April 16, 2025. US President Donald Trump's tariffs will likely push up prices and constrain growth, and could put the US Federal Reserve in the unenviable position of having to choose between tackling inflation and unemployment, Powell said Wednesday. US markets fell following Powell's remarks, with the tech-rich Nasdaq Composite down 3.4 percent at around 12:50 pm local time in Chicago (1750 GMT). (Photo by KAMIL KRZACZYNSKI / AFP) (Photo by KAMIL KRZACZYNSKI/AFP via Getty Images)

Trump Criticizes Fed Chair Jerome Powell, Says His ‘Termination Cannot Come Fast Enough’

President Donald Trump was critical of Federal Reserve Chair Jerome Powell on Thursday, further intensifying his feud by posting a statement on social media saying, “Powell’s termination cannot come fast enough!”

Read More Trump Criticizes Fed Chair Jerome Powell, Says His ‘Termination Cannot Come Fast Enough’

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SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. (Photo by Anna Moneymaker/Getty Images)
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