Incoming officials in President-elect Donald Trump’s administration are reportedly crafting a sanctions strategy aimed at expediting a resolution to the Russia-Ukraine conflict. According to Bloomberg, the plan includes options to pressure Moscow while managing global oil market stability amid existing sanctions on major producers like Russia, Iran, and Venezuela.
Saudi Energy Minister Prince Abdulaziz bin Salman announced Monday that the Kingdom plans to produce "yellowcake," a uranium concentrate used as fuel for nuclear power plants, and to enrich and sell uranium globally. The statement, made at an energy conference, highlights Saudi Arabia’s ambitions to expand its nuclear program and diversify its economy beyond oil.
President Joe Biden delivered a speech at the State Department on Monday, reflecting on his foreign policy achievements as his presidency enters its final week.
Vice President-elect JD Vance has sharply criticized the Biden administration, labeling its economic and policy legacy as a "dumpster fire" during an appearance on Fox News Sunday. Vance’s remarks come as President-elect Donald Trump prepares to assume office after a contentious election.
Chevron announced plans to donate to President-elect Donald Trump's inaugural fund, according to a statement from company spokesperson Bill Turenne on Thursday.
The Church of Sweden has announced the seasonal closure of seven medieval churches from October to May in an effort to meet its climate objectives. The decision aligns with the church’s goal to become fossil-fuel-free by 2027.
President-elect Donald Trump addressed the nation Tuesday in his first press conference since Congress certified his election victory. Speaking from his Mar-a-Lago estate, Trump unveiled a series of economic initiatives, including a $20 billion investment in U.S. data centers and plans to reverse President Biden's restrictive energy policies.
Two American citizens filed a lawsuit against Venezuelan dictator Nicolás Maduro, accusing the dictator of leading a "criminal enterprise" that uses U.S. citizens for negotiations.
President-elect Donald Trump is prepared to challenge President Joe Biden’s recent push to implement a sweeping ban on new oil and gas drilling in certain federal waters. According to a statement by Trump’s spokeswoman, Karoline Leavitt, the incoming administration will not allow Biden’s policy to hinder efforts to provide Americans with abundant and affordable energy.
