Trump to Invoke Emergency Law for Offshore Oil Producer Sable – Can the Feds Intervene to Save the Refineries?

  In a bold move amid escalating global oil tensions, President Donald Trump is set to invoke the Defense Production Act—a Cold War-era authority—to override California state regulations and fast-track operations for Sable Offshore Corp. This decision targets the reactivation of idle offshore oil platforms off the southern California coast, aiming to bolster domestic crude […]

Continue Reading

Trump Sends the Signal the Iran War Could be over Soon – and the Oil markets respond.

In a surprising turn of events amid the escalating conflict in the Middle East, President Donald Trump has indicated that the ongoing war with Iran may conclude imminently. Speaking to CBS News on March 9, 2026, Trump described the military operation as \”very complete\” and suggested that hostilities could wrap up soon. This statement comes […]

Continue Reading

President Trump Announces \”Security of Maritime Trade\” Initiative Amid Gulf Tensions

By Stuart Turley, Energy News Beat In a bold move to safeguard global energy supplies, President Donald J. Trump announced the \”Security of Maritime Trade\” initiative on March 3, 2026, directing the United States International Development Finance Corporation (DFC) to provide political risk insurance and financial guarantees for maritime shipping through the Persian Gulf. This […]

Continue Reading

Starmer to Trump: \”You Have No Plan.\” Trump Replies: \”Have You Been Following Venezuela\’s Story?\”

In a heated exchange during a recent G7 summit video call, UK Prime Minister Keir Starmer challenged U.S. President Donald Trump on his approach to Middle East policy, particularly regarding Iran\’s nuclear ambitions and regional influence. Starmer, echoing concerns from European allies, accused Trump of lacking a coherent strategy: \”You have no plan beyond bluster […]

Continue Reading

Oil Markets Prepare for Volatility as U.S.-Israel Launch Strikes Across Iran

February 28, 2026 – In a dramatic escalation of long-simmering tensions, the United States and Israel have initiated joint military strikes on Iran, codenamed \”Operation Epic Fury\” by the U.S. and \”Roaring Lion\” by Israel. President Donald Trump announced the operations early this morning, stating they aim to dismantle Iran\’s missile capabilities, prevent nuclear weapon […]

Continue Reading