The Pentagon has received a big ownership stake in an obscure private oil company that will control crude reserves larger than ExxonMobil‘s global portfolio if President Donald Trump‘s Venezuela deal is successful. The deal comes eight months after Washington ousted former Venezuelan President Nicolás Maduro in a military raid and co-opted the remaining regime led…
Oil prices fell more than 3% on Tuesday, after the New York Times reported the State Department plans to return evacuated diplomats to the Middle East, in a sign the U.S. does not expect a return to full-scale war. Brent crude oil futures were last seen trading 3.4% lower at $89.05 per barrel, its lowest…
SEOUL, SOUTH KOREA – 2025/01/24: A 24-hour Yonhap news TV broadcast at Seoul Railway Station showing a news broadcast with the file footage of U.S. President Donald Trump (L) with North Korean leader Kim Jong Un (R). Kim Jae-Hwan | Sopa Images | Lightrocket | Getty Images South Korea’s military said Wednesday that it would…
SEOUL, SOUTH KOREA – JUNE 06: South Korean new President Lee Jae-myung speaks during a ceremony marking Korean Memorial Day at the Seoul National cemetery on June 06, 2025 in Seoul, South Korea. South Korea is marking the 70th anniversary of Memorial Day, in tribute of people who died during military service in the 1950-53…
U.S. Navy sailors heave on a line during a fueling-at-sea on the flight deck of the Nimitz-class aircraft carrier USS Abraham Lincoln during the Operation Epic Fury attack on Iran from an undisclosed location March 10, 2026. U.S. Navy | Via Reuters U.S. Central Command Commander Adm. Brad Cooper on Sunday acknowledged mental health challenges…
BANDAR ABBAS, IRAN – AUGUST 10: Two youths sit on the shoreline as ships are seen anchored in the Strait of Hormuz on August 10, 2026 off the coast of Bandar Abbas, Iran. (Photo by Ali Saeedi/Getty Images) Getty Images | Getty Images News | Getty Images Iran rebuffed U.S. President Donald Trump’s claim that…
US Secretary of Treasury Scott Bessent addresses the Economic Club of New York on March 6, 2025. Charly Triballeau | Afp | Getty Images The 10-year U.S. Treasury note yield was little changed on Friday after the latest retail sales figures missed expectations and the U.S. said its naval blockade of Iranian ports could continue…
Treasury Secretary Scott Bessent speaking with CNBC on Aug. 4th, 2026. CNBC The U.S. will be applying economic measures “that have never been seen on Iran,” according to Treasury Secretary Scott Bessent. “It will be a combination of economic isolation like the world has never seen before, and the continued blockade in the Strait of…
CEO of OpenAI Sam Altman (L) and U.S. President Donald Trump attend a working lunch with G7 leaders, G7 outreach partners, and global tech CEOs on innovation and AI, during the G7 Summit on June 17, 2026 in Evian-les-Bains, France. Anna Moneymaker | Getty Images When President Donald Trump signed his AI executive order in…
From left, President Donald Trump, Oracle’s Larry Ellison, SoftBank’s Masayoshi Son and OpenAI’s Sam Altman appear at the White House in Washington on Jan. 21, 2025. Jim Watson | Afp | Getty Images The Pentagon on Thursday announced a contract with Oracle worth almost $7 billion over a decade, a big win for the software…
