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Defense Production Act

Workers transport and organise mounds of coal on a hilltop near an Arch Coal facility in Beckley, West Virginia, U.S., April 11, 2025. REUTERS/Adrees Latif/File Photo
Jun 4, 2026

Trump unveils $700M coal support plan using emergency powers

President Donald Trump uses the Defense Production Act to allocate nearly $700 million for U.S. coal plant upgrades and export terminal construction.

U.S. President Donald Trump arrives to deliver an address to the nation about the Iran war at the White House in Washington, D.C., U.S. April 1, 2026. Alex Brandon/Pool via REUTERS
Apr 29, 2026

Trump met with oil firms on possible months-long extension of Iran blockade

Trump met with Chevron CEO Mike Wirth and other energy officials to discuss managing oil markets amid a possible months-long iran blockade extension.

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