Trump, Iran war and offshore oil drilling

Digest more
Trump administration orders restart of oil drilling along California coast amid Iran war
The Trump administration invoked a Cold War-era law to restart offshore drilling along the California coast, citing national security needs to produce more oil amid the Iran war.

Continue reading

U.S. oil CEOs warn Trump officials energy turmoil could worsen
Oil Industry Warns Trump Administration That Fuel Crunch Will Likely Worsen
US oil CEOs warn Trump administration that energy crisis likely to worsen, WSJ reports
Chief executives of major U.S. oil companies warned ​official of U.S. President ‌Donald Trump's administration that the energy crisis triggered by ​the Iran war is ​likely to get worse, The ⁠Wall Stre...

Continue reading

Axios · 16h
Oil prices climb despite Trump moves to temper market
Energy Secretary Warns There's ‘No Guarantees’ Trump Will Lower Gas Prices Soon
Stunning turnaround for California’s oil industry after Trump’s surprise executive order to help ease gas prices
An industry source with direct knowledge about the Santa Ynez offshore platforms and pipeline near Santa Barbara, which are controlled by Sable, said the president’s order will have a significant impa...

Continue reading

Wyoming News · 17h
Trump seeks global backing to secure vital Gulf oil route
Oil rally from Iran war could deliver $60B windfall for U.S. producers
KVUE
Trump promises oil executives 'total safety' if they invest in Venezuela after Maduro ouster
WASHINGTON(AP) — President Donald Trump on Friday called on oil executives to rush back into Venezuela as the White House tries to quickly secure $100 billion in investments to fix the country's neglected infrastructure and fully tap into its expansive ...
Hosted on MSN
Trump to meet with oil company executives to discuss investment plans for Venezuela
President Trump will meet with oil company executives at the White House on Friday to discuss investment plans for Venezuela, after the U.S. captured the country's president over the weekend. The CEOs of ConocoPhillips, Exxon, and Shell will attend, in ...
Iran war live updates: Trump demands Strait of Hormuz backup
Meanwhile, U.S. gas prices climbed higher over the weekend, with the national average price at $3.69, up more than 70 cents from three weeks ago.
Democrats push Trump for more details of Iran vision as war rages on
Democratic lawmakers have consistently criticized the administration for not laying out its goals in the war more clearly.
Hosted on MSN
Watch live: Trump meets with oil executives at the White House
President Donald Trump meets with oil executives Friday at the White House to discuss investments in Venezuelan oil in order to rebuild its energy sector. The CEOs of ConocoPhillips, Exxon, and Shell are at the meeting, along with representatives from ...
Iran strikes Gulf oil hub as it rejects Trump’s ceasefire claim
Iran launched fresh attacks across the Persian Gulf, disrupting shipments at a key United Arab Emirates oil hub and denying US President Donald Trump’s assertion that it’s seeking ceasefire talks.