The first shipment of Russian diesel destined for the United States under a new energy agreement between US President Donald Trump and Russian President Vladimir Putin is heading towards New York, marking a significant shift in energy trade between the two countries. According to Reuters, shipping data from LSEG shows that the Malta-flagged tanker Agioi […]
U.S. President Donald Trump has invoked the Cold War-era Defense Production Act to strengthen domestic oil production, expand refining capacity and increase fuel supplies as rising energy prices place growing pressure on American consumers and businesses. In a presidential memorandum issued on October 22, Trump designated domestic petroleum production, refining and related infrastructure as essential […]
U.S. President Donald Trump has signed an executive order temporarily expanding access to tax-exempt red-dyed diesel, as the administration seeks to ease the impact of sharply higher fuel costs on farmers, truckers and other businesses. Trump signed the order on October 5 during a rally in Nebraska, directing federal agencies to provide temporary relief on […]