In a surprising move, President Trump has exempted oil, gas, and refined products from new tariffs, sparking relief among U.S. oil producers worried about rising costs and disrupted supplies.
In a fierce interview, President Trump threatens significant tariffs on Russian crude oil unless a ceasefire in Ukraine is negotiated, escalating tensions with Moscow amid ongoing conflict.
In a bold move, President Trump announces a 25% tariff on countries purchasing oil from Venezuela, effective April 2. This decision is linked to concerns over violent immigration from Venezuela, impacting global oil markets as prices surge.
In a bold move, President Trump announced a 25% tariff on countries purchasing oil from Venezuela, effective April 2. This decision comes amid accusations of Venezuela's ties to terrorism and has significant implications for global oil prices.
Oil prices rose as President Trump warned Iran of dire consequences for Houthi attacks on shipping. With a new wave of U.S. airstrikes underway, the situation in the Middle East intensifies.