trump administration

WASHINGTON, April 11 (Reuters) – The U.S. military said on Saturday that it had started “setting conditions” for clearing mines in the

The United States and Iran have agreed to a temporary ceasefire and partial reopening of the Strait of Hormuz, marking the first concrete diplomatic

Recent U.S. intelligence reports warn that Iran is unlikely to open the Strait of Hormuz any time soon because its grip on the world’s most vital oil artery

The Trump administration has doubled its maritime insurance backstop to $40 billion, expanding a flagship effort to restart commercial shipping through the

Reunification marks major shift in offshore oversight model built after Deepwater

By Erik Wasson and Gregory Korte (Bloomberg) President Donald Trump is preparing to release a fiscal year 2027 budget plan on Friday that will frame his

U.S. offshore oil production surged to a record 714 million barrels in 2025, marking a new high for output from the Outer Continental Shelf and underscoring

By Eric Martin and Scott Squires Mar 29, 2026 (Bloomberg) –The Trump administration is planning to let a Russian oil tanker dock in Cuba,

The U.S. expects its operation against Iran to conclude within weeks, not months, and Washington can meet all its objectives without using ground troops, U.S.

Treasury Secretary Scott Bessent said a US insurance program meant to boost shipping through the Strait of Hormuz will begin soon, a move that may help revive

The United States is warning commercial shipping that the threat from Yemen’s Houthi militants remains active across the Red Sea and Gulf of Aden—despite a

The Trump administration is rolling out nearly half a billion dollars in new port funding, with the U.S. Department of Transportation’s Maritime

The Iranian commander who spent years threatening—and ultimately executing—Tehran’s campaign to pressure global shipping in the Strait of Hormuz has

Dominion Energy’s massive Coastal Virginia Offshore Wind (CVOW) project has delivered its first electricity to the grid, marking a major milestone for the

The U.S. Bureau of Ocean Energy Management has advanced the next phase of potential offshore mineral leasing near the Commonwealth of the

President Donald Trump said the US would postpone strikes against Iran’s energy infrastructure after what he called “productive conversations” with the

The U.S. shipbuilding crisis broke into the national spotlight this week as 60 Minutes took a closer look at the growing gap between American

Global oil prices have not climbed enough to cause demand destruction, U.S. Energy Secretary Chris Wright said on Monday at the CERAWeek energy conference

The Trump administration has struck a $928 million deal with TotalEnergies to abandon two major U.S. offshore wind leases and redirect the capital into LNG and

By Pavel Polityuk KYIV, March 22 (Reuters) – Ukrainian President Volodymyr Zelenskiy on Sunday urged allies to keep up sanctions pressure on Russia