ABCNEWS - Trump says Exxon and Chevron are 'making too much money' amid Iran war
President Donald Trump urged oil giants Exxon and Chevron to slash retail fuel prices.
THEAMERICANCONSERVATIVE (Harrison Berger) - Iran War Day 154: Iran Strikes Kuwait, Claims Hormuz Strait is Closed
State of the Union: President Trump met with his cabinet as oil prices stayed elevated. The post Iran War Day 154: Iran Strikes Kuwait, Claims Hormuz Strait is Closed appeared first on The American Conservative .
Iran struck Kuwait and President Donald Trump held a televised cabinet meeting Friday, as the Iran War entered its 154th day. In a statement carried by Iran’s Tasnim News Agency, the Iranian military announced it struck Kuwait in retaliation for a U.S. attack Wednesday evening that reportedly killed two adults and their toddler, while also injuring two other children. (Iran has labeled this a war crime.) According to Iran, IRGC “suicide drones struck fighter jet shelters, satellite communication systems, and equipment warehouses at Ahmad Al Jaber Air Base in Kuwait.” Citing U.S. officials, the Wall Street Journal reported Thursday evening that the Pentagon is “now rethinking the scope of its footprint” in Kuwait. Iran…Open
NYTIMES (Rebecca F. Elliott) - Iran War Drives Oil Profits to Highest Levels in Years
The world’s biggest oil companies are benefiting from the high commodity prices that have been a drag on the rest of the economy.
ABCNEWS - Supreme Court says Exxon can sue Cuba over $1B in seized property
The Supreme Court on Tuesday ruled that oil giant Exxon Mobil can sue the Cuban government over more than $1 billion in seized property.
NYTIMES (Ann E. Marimow) - Supreme Court Sides With Exxon in Lawsuit Over Assets Seized by Cuba
The Trump administration backed Exxon Mobil’s effort to be compensated for oil and gas assets confiscated by the Cuban government in 1960.
JUSTTHENEWS (The Center Square Staff) - Exxon, global agencies warn of oil price spike within weeks
Neil Chapman, senior vice president at ExxonMobil, told investors at the Bernstein 42nd Annual Strategic Decisions Conference in New York that global inventories could reach critical lows within "two to three weeks."
DAILYCALLER (Benjamin Roberts) - ExxonMobil Executive Issues Stark Warning To US Consumers
'Can't last forever'
NYTIMES (Anatoly Kurmanaev) - Exxon Is Nearing a Deal to Pump Oil in Venezuela, Marking a Victory for Trump
The U.S. oil giant is negotiating a deal to pump oil in Venezuela, ending a standoff with its socialist rulers and marking a victory for President Trump.
JUSTTHENEWS (The Center Square Staff) - Bonta’s anti-Exxon emails may have run afoul of CA corruption law: Claim
In an opinion article published this month in the San Bernardino Sun, California Policy Center CEO Will Swaim argues that the court’s ruling not only makes Bonta vulnerable to a defamation verdict but offers a finding that puts the attorney general in the crosshairs of California’s anti-corruption laws.
THEAMERICANCONSERVATIVE (Iain Macwhirter) - UK Labour Refuses to Relieve the Energy Crisis
The Starmer government is more interested in anticapitalist posturing than in helping the British people. The post UK Labour Refuses to Relieve the Energy Crisis appeared first on The American Conservative .
UK Special Coverage UK Labour Refuses to Relieve the Energy Crisis The Starmer government is more interested in anticapitalist posturing than in helping the British people. UK Special Coverage When Labour was restored to government in July 2024 after nearly a decade and a half in the political wilderness, Prime Minister Keir Starmer promised that economic growth would be his government’s number one priority. Chancellor Rachel Reeves conducted seminars with prominent business figures, insisting that Labour understood that businesses must make profits to survive and invest. Starmer said “wealth creation” was Labour’s…Open