Trump, blockade Iran
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The Treasury issued a broad authorization allowing Petróleos de Venezuela S.A., or PDVSA, to directly sell Venezuelan oil to U.S. companies and on global markets, a massive shift after Washington for years had largely blocked dealings with Venezuela’s government and its oil sector.
Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets including USA Today and Consumer Reports. Although the Trump ...
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(LEAD) Trump calls on countries to 'go get your own oil' from Strait of Hormuz, or buy it from USWASHINGTON, March 31 (Yonhap) -- U.S. President Donald Trump on Tuesday called on countries unable to import oil via the Strait of Hormuz to either buy oil from the United States or "go to the strait and just take it," as he voiced displeasure over their ...
Although the Trump administration is pulling multiple levers to tame energy costs amid the widening Iran war, the average price of gasoline in the U.S. on Friday neared $4 a gallon, raising questions about whether those efforts are working. In the meantime ...
US President Donald Trump played down the prospect of renewed fighting in the war with Iran, even as questions remain over Tehran’s nuclear program and access to the Strait of Hormuz.