U.S. President Donald Trump speaks to the media aboard Air Force One on May 15, 2026 as he returns to the United States. Alex Wong | Getty Images President Donald Trump on Sunday threatened Iran to “get moving,” or seemingly face new consequences. “For Iran, the Clock is Ticking, and they better get moving, FAST,…
An aerial photograph shows the Greek-flagged crude oil tanker “Asahi Princess” off the coast of the Syrian Baniyas port refinery, along the Mediterranean Sea on on April 15, 2026. Bakr Alkasem | Afp | Getty Images Ahead of a meeting of finance ministers from the Group of Seven developed economies in Paris on Monday, a…
China and the United States have provided critical support to the oil market and helped ease the huge supply disruption in the Middle East and kept energy prices from surging even higher. The oil market has lost about 10 million barrels per day (bpd) of exports from the Persian Gulf due to Iran’s blockade of…
BEIJING — U.S. President Donald Trump has kept up an uneasy silence about Taiwan following his meeting with Chinese leader Xi Jinping this week, despite the U.S.’ announcement in December of a record $11 billion in arms sales to the island against Beijing’s wishes. Trump had said the Taiwan arms sales would be on the…
A truck drives past an ADNOC Gas a subsidiary of the Abu Dhabi National Oil Company facility in Abu Dhabi on March 3, 2026. Ryan Lim | AFP | Getty Images The United Arab Emirates’ decision to leave OPEC and OPEC+ was based on the country’s economic vision and not on politics, the country’s energy…
BEIJING, CHINA – MAY 14: U.S. President Donald Trump and Chinese President Xi Jinping attend a welcome ceremony at the Great Hall of the People on May 14, 2026 in Beijing, China. Alex Wong | Getty Images News | Getty Images As the leaders of the world’s two most powerful economies rekindled personal ties in…
Russian President Vladimir Putin and Chinese President Xi Jinping pose for photos before their meeting in Beijing, China September 2, 2025. Sergey Bobylev | Via Reuters Russian President Vladimir Putin will meet his Chinese counterpart Xi Jinping in Beijing from May 19-20th, Moscow and Beijing said on Saturday. The meeting will take place less than…
China will ramp its crude oil imports from the United States because the world’s two largest economies are natural trade partners when it comes to energy, Chris Wright told CNBC on Friday. China is the largest oil importer in the world and the U.S. is the biggest producer. “There’s a natural energy trade there,” the…
President Donald Trump speaks during a law enforcement leaders dinner celebrating the start of National Police Week in the Rose Garden at The White House in Washington, May 11, 2026. Aaron Schwartz | Bloomberg | Getty Images President Donald Trump reported thousands of financial transactions totaling hundreds of millions of dollars — including large purchases…
President Donald Trump on Friday said that he refused to directly answer Chinese President Xi Jinping when asked if the United States would defend Taiwan if China attacked it. “That question was asked to me today,” Trump told reporters on Air Force One as they flew back to the United States from a two-day summit…
