DUBAI/LONDON (Reuters) – Saudi Arabia said on Monday that two of its oil tankers were among those attacked off the coast of the United Arab Emirates and described it as an attempt to undermine the security of crude supplies amid tensions between the United States and Iran.
A delegation of Republican House lawmakers petitioned the State Department not to continue issuing sanctions waivers that have permitted Iran to continue engaging in its lucrative oil trade, yet another salvo in an ongoing battle between the Trump administration and Congress.
Iranian leaders are betting on the Trump administration to cave in on a key piece of its tough new sanctions aimed at choking off the Islamic Republic’s access to lucrative crude oil markets, according to multiple sources who spoke to the Washington Free Beacon.
WARSAW, Poland—The Trump administration is vowing to cripple Iran’s international oil trade in the coming months, issuing new promises to ensure that international allies drop their imports of Iranian crude to zero in the coming months.
A D.C.-based nonprofit group Power the Future is pressing Colorado Governor-Elect Jared Polis (D.) to rebuff environmental lobbying efforts calling on Polis enact a moratorium on all new oil and gas drilling in the state.
Rep. Robert Francis “Beto” O’Rourke (D., Texas) has been removed from a list of candidates who pledged to reject fossil fuel donations over $200 after it was revealed he took multiple contributions from oil and gas executives.
After three-quarters of a century relying more heavily on foreign oil, the United States became a net oil exporter in 2018, a step toward what President Donald Trump calls “energy independence.”
Former President Barack Obama on Tuesday took credit for booming U.S. oil and gas production, telling investors to “say thank you” to him.
Colorado voters shot down a proposition that would have imposed significant new setback regulations on future oil and gas drilling in the state, a move many national political watchers thought could have been a bellwether signal regarding tougher environmental regulation for other parts of the nation as well.
