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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.
US waives shipping regulation to ease fuel, fertilizer deliveries
The US government issued a 60-day waiver of the Jones Act to allow foreign ships to transport fuel and fertilizer between US ports, easing supply disruptions caused by the Iran conflict.
Trump says he’s looking at loosening Jones Act shipping rules
U.S. President Donald Trump said he is reviewing the possibility of loosening shipping rules under the Jones Act, according to a Fox News interview.
Wall St ends sharply lower as intensifying Iran war, soaring crude prompt selloff
U.S. stocks dropped sharply amid escalating Iran conflict and crude oil prices nearing $100 per barrel, raising inflation fears and market selloff.
Oil unlikely to hit $200 a barrel, US energy chief says
U.S. Energy Secretary Chris Wright says oil prices are unlikely to reach $200 a barrel despite disruptions in the Strait of Hormuz caused by the Iran conflict.
