On Wednesday’s broadcast of the Fox Business Network’s “Mornings with Maria,” Interior Secretary Doug Burgum stated that President Donald Trump plans to hold China accountable for its purchase of Russian oil the way he’s attempting to do with India “and
California Gov. Gavin Newsom (D) has done a flip-flop on oil production, with the state facing steep gas price hikes, and is now trying to work with the fossil fuel industry to produce more fuel rather than stopping it.
President Donald Trump’s call to “drill baby drill” includes unleashing all forms of U.S. energy, Interior Secretary Doug Burgum said during an appearance on Breitbart News Daily.
Indian National Security Adviser Ajit Doval touted his government’s “strategic partnership” with Russia on Thursday after meeting with Russian military officials.
The National Oil Corporation (NOC) of Libya announced a memorandum of understanding (MOU) with ExxonMobil on Monday, potentially jump-starting the oil giant’s activities in war-torn Libya after more than a decade of inactivity.
Indian Prime Minister Narendra Modi urged his citizens to buy local products, and scheduled a rare diplomatic visit to regional adversary China, as trade negotiations with the United States came to an impasse this week.
President Donald Trump will hike tariffs on India to 50 percent beginning later this month in response to India’s purchases of Russian oil.
Saudi Aramco, the national oil company of Saudi Arabia, posted a 22 percent decline in profits for the second quarter of 2025.
India’s Asian News International (ANI) on Sunday quoted sources in New Delhi who said India has “dramatically increased its crude oil imports from the United States since President Donald Trump returned to the White House for his second term.”
India’s state-owned oil refineries stopped buying Russian oil last week, after President Donald Trump and NATO Secretary-General Mark Rutte warned Moscow’s oil customers they could face crushing secondary sanctions for financing the war in Ukraine.
On Tuesday’s broadcast of Newsmax TV’s “The Record,” Special Presidential Envoy for Russia and Ukraine Keith Kellogg said that the United States has not really gone after Russia’s money flows from oil that hard and that the level of sanctions
On Tuesday’s broadcast of the Fox News Channel’s “Special Report,” Energy Secretary Chris Wright said that putting sanctions on Russian oil is “the biggest pressure you can put on them.” And putting these sanctions in place is “a very real
Indian Oil Minister Hardeep Singh Puri said on Thursday that India will be able to get the oil it needs, even if President Donald Trump imposes steep secondary tariffs on countries that do business with Russia.
North Atlantic Treaty Organization (NATO) Secretary-General Mark Rutte on Wednesday warned Brazil, China, India, and other heavy buyers of Russian oil they could face stiff secondary sanctions if they keep doing business with Moscow.
Indian Foreign Minister Subrahmanyam Jaishankar on Tuesday met with his Chinese counterpart Wang Yi, and dictator Xi Jinping, on the sidelines of the Shanghai Cooperation Organization (SCO) summit in Beijing.
The Organization of the Petroleum Exporting Countries (OPEC) on Thursday released an updated forecast for 2050 which anticipated soaring demand for oil in the medium and long term, once China’s economic outlook improves.
Iran’s top customer for oil, China, massively increased its purchases in the first three weeks of June just before Israel began striking Iranian nuclear sites.
Indonesian officials said on Monday they will begin easing import restrictions and licensing requirements ahead of the July 9 deadline for U.S. tariff negotiations.
On Thursday’s broadcast of the Fox News Channel’s “Hannity,” Sen. Ted Cruz (R-TX) said that there are some in the Trump administration “urging, let’s cut a deal, let’s let Iran sell oil, lets lift all the sanction[s],” and “it would
Chinese leaders are reportedly reconsidering the Power of Siberia 2 gas pipeline, a stalled project that would bring huge amounts of Russian natural gas to China, because the Iran conflict is making Beijing nervous about relying too heavily on the Middle East for energy.
Shipping rates on routes that could be affected by the Israel-Iran conflict skyrocketed by up to 76 percent in June.
Oil prices sunk more than three percent early Tuesday morning.
South Korean Acting Finance Minister Lee Hyoung-il said on Sunday that his government will “swiftly take any necessary measures” to cope with economic fallout from the conflict with Iran.
Oil prices fell around one percent Monday morning.
Despite the geopolitical shock, the modest scale of the rally suggested traders were not yet pricing in a prolonged disruption to global supply—or doubted that Iran would escalate in a way that threatens oil flows.
Saudi international relations expert Dr. Salem Alyami told Saudi news network Al Arabiya on Wednesday that the Kingdom’s major diplomatic concern at the moment is containing the Iran-Israel conflict to keep the rest of the Middle East from destabilizing.
A sharp rise in global oil prices following Israeli strikes on Iran will benefit Russia and bolster its military capabilities in the war in Ukraine, Ukrainian President Volodymyr Zelensky said.
The German Foreign Ministry has produced a report for the European Union (E.U.) found China was responsible for approximately 80 percent of attempts to circumvent sanctions against Russia.
On Monday’s broadcast of the Fox News Channel’s “Fox & Friends,” Rep. Brian Mast (R-FL) stated that it is possible to force Vladimir Putin to the table with strong sanctions and praised the sanctions implemented by President Donald Trump, but
Russia’s state statistical agency, Rosstat, reported on Friday that first-quarter gross domestic product (GDP) growth was only 1.4 percent, a steep decline from 4.5 percent growth in the last quarter of 2024.
Syrian President Ahmed al-Sharaa, the leader of jihadist terror group Hayat Tahrir al-Sham (HTS), reportedly offered oil and gas concessions, peaceful relations with Israel, and even a new Trump Tower in the capital of Damascus as inducements for President Donald Trump to meet with him during Trump’s visit to the Middle East this week.
On Tuesday’s broadcast of the Fox Business Network’s “Kudlow,” Interior Secretary Doug Burgum stated that putting secondary sanctions on all of Russia’s oil like the United States did with Iran’s oil is “a great idea” and that Russia has been
OPEC+ has reportedly begun to “unwind” voluntary production cuts, reducing oil prices to punish recalcitrant members, and perhaps to please President Donald Trump.
DELPHI, Greece — The Deputy Prime Minister of Kurdistan’s Regional Government in Iraq told Breitbart News exclusively that he and the Kurds look at President Donald Trump’s return to the White House as a historic opportunity for deeper business and economic ties between the United States and Kurdistan, as well Iraq as a whole.
Saudi Aramco, the huge national oil company of Saudi Arabia, on Monday signed a joint development agreement with Chinese electric vehicle (EV) giant BYD to collaborate on “new energy vehicle technologies.”
Chevron on Monday announced a massive project, kicking off oil and natural gas production from the Ballymore subsea tieback in the Gulf of America, which is expected to produce upwards of 75,000 gross barrels of oil daily — another major move towards energy independence and dominance for the United States of America.
The International Maritime Organization (IMO) held a meeting in London on Friday at which member nations agreed to impose the world’s first global carbon tax, a fee of $380 per metric ton on “greenhouse gases” emitted by ships up to a certain limit and $100 per ton beyond that.
Visibility was as low and neither ship involved had a dedicated lookout at the time of the smash, accident investigators say.
China on Tuesday condemned President Donald Trump’s imposition of secondary tariffs on countries purchasing Venezuelan oil and called for the U.S. to cease its “interference” in the South American nation.
A leading trade association has urged the leftist government in London to open up more domestic oil and gas production, arguing that half of the UK’s demand could be met under “the right business conditions”.
