Latest in The tariff trouble starts with oil
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Biden administration imposes toughest sanctions on Russian oil and gas
Measures targeting Russian energy sector attempt to leverage peace deal for Ukraine in Trump administration. The Biden administration on Friday imposed its broadest package of sanctions yet ...The Guardian - Jan. 10 -
US imposes wide-ranging sanctions on Russian oil sector
Move by outgoing Biden administration made in co-ordination with UKFinancial Times - Jan. 10 -
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‘To confront the anti-gay law is to trouble waters’: the young Nigerian novelist refusing to go by the book
Chukwuebuka Ibeh’s first novel, Blessings, about love in a hostile climate, was written after a life-changing encounter with Chimamanda Ngozi Adichie. Shortly after his 18th birthday, Chukwuebuka ...The Guardian - Jan. 10 -
Oil futures end higher, with Brent turning up for the week
Oil futures gained on Thursday, with global benchmark prices turning higher for the week and buoyed by optimism over the outlook for demand.MarketWatch - Jan. 9 -
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Henry Zeffman: Market trouble threatens Labour's economic plans
Chancellor Rachel Reeves may have to choose between tax rises and spending cuts, writes Henry Zeffman.BBC News - Jan. 9 -
Trump's NATO Vision Spells Trouble for the Alliance
A call for much higher arms spending and the threat of grabbing allies’ land dial up pressure on members.The Wall Street Journal - Jan. 9 -
Opening day of a new Congress signals future troubles
The opening day of the new Congress was marred by intra-party fratricide, with the Speaker of the House being elected after multiple ballots and a change in rules making it more difficult to remove ...The Hill - Jan. 9 -
Trump will struggle to drive down oil prices
Energy production in the US will rise but more of the output will be gassyFinancial Times - Jan. 9 -
Oil prices settle lower as U.S. crude supplies fall but product stocks rise
Oil futures settled with a loss on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for a seventh straight week, but gasoline and ...MarketWatch - Jan. 8 -
Alaska sues Biden administration over restrictions on arctic oil, gas development
The state of Alaska on Wednesday sued the Biden administration over restrictions the federal government imposed in December on oil and gas leases in the Arctic set for auction this week. The ...The Hill - Jan. 8 -
Brazil marks 2nd anniversary of right-wing coup attempt as Bolsonaro's legal troubles deepen
Brazilian authorities are gathering in capital Brasilia to mark the second anniversary of an alleged coup attempt by supporters of former far-right President Jair BolsonaroABC News - Jan. 8 -
Oil futures settle at their highest level since October
Oil futures finished higher on Tuesday, shaking off their losses from a day earlier to resume the rally they started the year with and buoyed by expectations for stronger demand.MarketWatch - Jan. 7 -
How ‘Tariff Man’ Trump Might Start Slowly When He Imposes Import Duties
Trump aides are reportedly discussing a plan to restrict pledged duties on all imports to an initial list of products considered critical to national security, reducing the risk of resurgent ...Inc. - Jan. 7 -
Oil companies pay record $5.6M settlement after FTC alleges illegal coordination
Three oil companies will pay a record penalty to settle allegations that they illegally coordinated before a merger between them was complete in 2021 and 2022, the federal government announced ...The Hill - Jan. 7 -
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Mexico drops migrants in troubled resort as it disperses them far from US border
Two weeks ahead of President-elect Donald Trump’s second inauguration, Mexico continues dissolving attention-grabbing migrant caravans and dispersing migrants throughout the country to keep them ...ABC News - Jan. 7 -
Praised abroad, troubled at home: Canada’s political ‘prince’ bows out
Justin Trudeau’s popularity undermined by higher costs and rising anti-immigration sentimentFinancial Times - Jan. 7 -
Nigeria’s Seplat moves in to fill gap as foreign oil companies retreat
Buyer of ExxonMobil’s assets in the west African country wants to double production within six monthsFinancial Times - Jan. 7 -
Oil ends lower as signs of strong demand for Mideast crude fail to feed recent rally
Oil futures settled with a loss on Monday, with hopes for further economic stimulus from China and signs of strong demand for Middle Eastern crude failing to support prices in the wake of a ...MarketWatch - Jan. 6 -
Biden bans new offshore oil and gas drilling along most of US coastline
Action will protect 625mn acres of ocean as outgoing president seeks to bolster environmental legacyFinancial Times - Jan. 6 -
Biden Bans New Oil and Gas Drilling Along Most U.S. Coasts
The ban affects the entire Eastern Seaboard, the Pacific Coast along California, Oregon and Washington, the eastern Gulf of Mexico and the Northern Bering Sea.The New York Times - Jan. 6 -
Biden bans new offshore oil and gas drilling in most U.S. coastal waters
President Biden is taking executive action to protect more than 625 million acres of the American ocean from offshore drilling, the White House announced.CBS News - Jan. 6 -
Dozens of marine mammals found dead after oil spill
An animal rescue group said 61 dead cetaceans - an order of aquatic mammals that includes whales and dolphins - had been recorded since the oil spill.CBS News - Jan. 6 -
Putin plus Trump spell trouble for European security
German rearmament is crucial to shoring up Europe’s defencesFinancial Times - Jan. 6 -
Biden to block all future oil drilling in 625 million acres of US oceans
President Joe Biden's landmark decision falls under the Outer Continental Shelf Lands Act.ABC News - Jan. 6 -
Trump’s ambitious oil plans will not derail Russia
It would still be very disruptive to try to embargo Russian oil from the world markets altogetherFinancial Times - Jan. 6 -
More than 30 dolphins have died since an oil spill near southern Russia, experts say
A dolphin rescue center in Russia says 32 dolphins have died since fuel oil spilled out of two storm-stricken tankers three weeks ago in the Kerch Strait near the Russia-occupied Crimean PeninsulaABC News - Jan. 5 -
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Oil tanker boss says UN maritime body ‘sleeping’ over dark fleet threat
Lars Barstad of Frontline insists it is ‘only a question of time’ before a significant maritime disaster takes placeFinancial Times - Jan. 5