trump administration

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

DUBAI, March 22 (Reuters) – The Strait of Hormuz remains open to all shipping except vessels linked to “Iran’s

Trade is agnostic, and because it is a physical entity that can be tracked, it can blast away the bluster of trade announcements. The reality is in the trade

By Shiyin Chen Mar 21, 2026(Bloomberg) –The US said Iran’s ability to threaten marine traffic on the Strait of Hormuz has been “degraded”

Multiple U.S.-flagged commercial vessels critical to America’s sealift capability are effectively stranded inside the Persian Gulf amid the U.S.-Israel

The U.S. Treasury’s Office of Foreign Assets Control (OFAC) on Friday issued a new general license authorizing the delivery and sale of Iranian-origin crude

President Donald Trump on Wednesday warned of overwhelming U.S. retaliation against Iran if attacks on Qatar’s energy infrastructure continue, following a