President Donald Trump said Wednesday that his administration will tap the U.S. Strategic Petroleum Reserve (SPR) in an effort to stabilize oil prices that have surged since the start of the U.S.-Israeli military operation in Iran. Oil markets have been volatile since
President Donald Trump this weekend signed a decisive executive order to protect Venezuelan oil revenue held in U.S. Treasury accounts from being seized in U.S. courts or by creditors — a move his administration says is essential for advancing American strategic and
President Donald Trump says he is reversing a Biden-era grant allowing Chevron to operate within Venezuela on Wednesday. Trump detailed the decision in a lengthy post on Truth Social, stating that Venezuelan President Nicolas Maduro had not upheld his end of the bargain. “We