trump administration

The U.S. Treasury Department has quietly extended its sanctions wind-down authorization for Russian oil cargoes already at sea, issuing a new general license

By Daphne Psaledakis, Trevor Hunnicutt and Saad Sayeed WASHINGTON/ISLAMABAD, April 19 (Reuters) – The United States said on Sunday that it had seized

The U.S.-led maritime blockade of Iranian ports has entered a new and more aggressive phase, with fresh guidance confirming that American forces can now stop,

The Trump administration has snapped back to full “maximum pressure” on Iran’s oil trade, ending a short-lived sanctions reprieve while unleashing a

The Trump administration will allow a 30-day waiver of sanctions on Iranian oil at sea to expire later this week, two administration officials told Reuters on

US President Donald Trump is invoking his Venezuela playbook with a pledge to blockade Iranian ships. But Iran poses more complicated logistics, higher risks

By Bo Erickson, Saad Sayeed and Asif Shahzad MIAMI/ISLAMABAD, April 12 (Reuters) – President Donald Trump said on Sunday the U.S. Navy would start

April 11 (Reuters) – U.S. President Donald Trump said on Saturday that many tanker ships are en route to the United States to transport oil and gas to

By Suban Abdulla and William Schomberg LONDON, April 11 (Reuters) – Britain’s government said on Saturday it had put on hold its deal to cede

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