All posts tagged: Oil and Gas

Trump says US to begin ‘guiding’ ships in Strait of Hormuz | US-Israel war on Iran

Trump says US to begin ‘guiding’ ships in Strait of Hormuz | US-Israel war on Iran

Published by Sam Flores

NewsFeed US President Donald Trump has announced ‘Project Freedom’, a naval mission to ‘guide’ stranded ships through the Strait of Hormuz starting Monday, warning any interference will be met ‘forcefully’. The move comes amid a fragile US-Iran truce, with Tehran warning it would treat US intervention as a breach. Published On 4 May 20264 May 2026 Click here to share on social media share-nodes Share googleAdd Al Jazeera on Googleinfo Source link

Rallies under way as workers gather for International Labour Day | Labour Rights News

Rallies under way as workers gather for International Labour Day | Labour Rights News

Published by Sam Flores

Published On 1 May 20261 May 2026 | Updated: 7 hours agoUpdated: 7 hours ago Workers are gathering in cities around the world to mark International Labour Day, with some demonstrations, such as those in Istanbul, Turkiye, turning to scuffles with police. Trade Unions are calling for solidarity and the protection of workers’ rights as the United States-Israeli war on Iran and rising energy costs raise concerns about the global economy. “Working people refuse to pay the price for Donald Trump’s war in the Middle East,” the European Trade Union Confederation, which represents 93 trade union organisations in 41 European countries, told the media. “Today’s rallies show working people will not stand by and see their jobs and living standards destroyed.” Josua Mata, leader of the SENTRO umbrella group of workers’ groups in the Philippines, said: “Every Filipino worker now is aware that the situation here is deeply connected to the global crisis.” Renato Reyes, a leader of the left-wing political group Bayan in the Philippines, told The Associated Press: “There will be a louder …

Trump faces 60-day Iran war deadline, Hegseth floats ceasefire loophole

Trump faces 60-day Iran war deadline, Hegseth floats ceasefire loophole

Published by Sam Flores

U.S. President Donald Trump exits Air Force One as he arrives at Miami International Airport in Florida, U.S., April 11, 2026. Kevin Lamarque | Reuters President Donald Trump is running up against a Friday legal deadline that threatens to halt U.S. military operations against Iran — but Defense Secretary Pete Hegseth suggested Thursday that the ongoing ceasefire nullifies that cutoff date. Under the 1973 War Powers Resolution, Trump is required to withdraw U.S. armed forces 60 days after reporting their deployment to Congress — unless the legislative branch authorizes the military action, which it has not done. The U.S. and Israel first struck Iran on Feb. 28, and Trump sent a letter notifying Congress of the action on March 2, starting the 60-day clock and setting up a May 1 deadline. Trump may seek a 30-day extension under the resolution, but he has not done so yet, according to lawmakers. Hegseth, however, said in Senate testimony Thursday that he believes the statutory countdown clock “pauses or stops in a ceasefire.” The U.S. and Iran are …

UAE exit signals OPEC’s declining grip on oil markets | Oil and Gas

UAE exit signals OPEC’s declining grip on oil markets | Oil and Gas

Published by Sam Flores

Quotable Chris Weafer, the CEO of Micro-Advisory Partners, says the UAE’s OPEC exit frees one million barrels of spare capacity. He warns Kazakhstan and Venezuela may follow, leaving OPEC far less influential on global oil pricing. Published On 30 Apr 202630 Apr 2026 Click here to share on social media share-nodes Share googleAdd Al Jazeera on Googleinfo Source link

Trump says it’s ‘great’ that UAE pulled out of OPEC

Trump says it’s ‘great’ that UAE pulled out of OPEC

Published by Sam Flores

U.S. President Donald Trump speaks during an event with Artemis II astronauts, NASA Commander Reid Wiseman, NASA Pilot Victor Glover, NASA Mission Specialist Christina Koch and Canadian Space Agency (CSA) Mission Specialist Jeremy Hansen, in the Oval Office at the White House in Washington, D.C., U.S., April 29, 2026. Evelyn Hockstein | Reuters President Donald Trump said Wednesday he strongly supports the United Arab Emirates’ decision to leave the international oil cartel OPEC, saying he believes the move will bring energy prices down. “I think it’s great,” Trump told reporters at the White House after meeting with Artemis II astronauts. UAE President Sheikh Mohamed bin Zayed Al Nahyan is “very smart,” said Trump, “and he probably maybe wants to go his own way. That’s a good thing.” “I think ultimately it’s a good thing for getting the price of gas down, getting oil down, getting everything down,” Trump said, adding, “they’re having some problems in OPEC.” Oil prices have spiraled upwards since the U.S. and Israel launched a war with Iran on Feb. 28. The …

Trump Truth Social post threatens Iran with AI picture of himself with gun

Trump Truth Social post threatens Iran with AI picture of himself with gun

Published by Sam Flores

U.S. President Donald Trump speaks to the media, before boarding Air Force One on his way to Virginia, at Joint Base Andrews in Maryland, U.S., April 10, 2026. Evelyn Hockstein | Reuters U.S. President Donald Trump threatened Iran in a Truth Social post on Wednesday morning, saying the country “better get smart soon!” “Iran can’t get their act together. They don’t know how to sign a nonnuclear deal. They better get smart soon!,” Trump posted on the social media platform Truth Social shortly after 4 a.m. ET on Wednesday. The post was accompanied by an AI-generated picture of Trump holding a gun with explosions in the background, and the words “NO MORE MR. NICE GUY!” Zoom In IconArrows pointing outwards The post comes as the crucial Strait of Hormuz remains blockaded and as the status of talks with Iran remains uncertain, with attempts to continue negotiations in the last few days seemingly stalled. U.S. negotiators were due to travel to Islamabad, Pakistan for more talks last weekend, but Trump canceled the trip. “We have all …

Iran war: What’s happening on day 61 as UAE exits OPEC? | US-Israel war on Iran News

Iran war: What’s happening on day 61 as UAE exits OPEC? | US-Israel war on Iran News

Published by Sam Flores

Trump says Iran is in a ‘state of collapse’ as Gulf leaders meet in Saudi Arabia. Published On 29 Apr 202629 Apr 2026 US President Donald Trump says Iran is in a “state of collapse” and has urged a swift lifting of the US blockade, as Gulf leaders meeting in Saudi Arabia call on Tehran to rebuild trust after “treacherous” regional attacks. Meanwhile, Israeli strikes in southern Lebanon have killed three emergency workers, in what Lebanese President Joseph Aoun described as a “war crime”. Here is what we know: In Iran Iran army spokesman praises air force role: Mohammad Akraminia said Iran’s air force carried out strikes on “enemy bases” across the region and penetrated US-designed defences, saying more than 170 aircraft were hit during the six weeks of war. “If the enemy again commits aggression and threatens the security of this land, they will face a more crushing response than before. We have many winning cards that we have not yet used,” he added. War diplomacy Trump slams Merz: Trump lashed out at German …

Bosnia signs up to Trump-linked pipeline to reduce Russian gas dependence | Energy News

Bosnia signs up to Trump-linked pipeline to reduce Russian gas dependence | Energy News

Published by Sam Flores

The European Union warns that the deal on the link to Croatia could jeopardise Bosnia’s bid to join the bloc. Published On 28 Apr 202628 Apr 2026 Bosnia and Herzegovina has signed a deal to construct a gas pipeline that is backed by investors connected to United States President Donald Trump and promises to reduce the country’s dependence on Russian supply. The agreement, signed with neighbouring Croatia on Tuesday at a summit in the city of Dubrovnik, aims to relieve Sarajevo of its reliance on Russian gas, which it needs to do in advance of a European Union ban on energy purchases from Moscow set to take effect next year. Bosnian Prime Minister Borjana Kristo, who signed the deal alongside Croatian Prime Minister Andrej Plenkovic, described it as a “major step forward” that strengthens energy security and diversifies supply. However, the European Union, of which Bosnia is seeking membership, warned that the Southern Interconnection Agreement, as it is formally known, could jeopardise the country’s accession bid and put at risk more than $1bn in aid …

Trump discussed Iran Hormuz Strait proposal with team: White House

Trump discussed Iran Hormuz Strait proposal with team: White House

Published by Sam Flores

In this handout photo provided by U.S. Central Command, U.S. forces patrol the Arabian Sea near M/V Touska on April 20, 2026, after firing upon the Iranian-flagged vessel that the U.S. accused of attempting to violate the U.S. naval blockade of Iranian ports near the Strait of Hormuz. U.S. Navy | Getty Images President Donald Trump and his national security team on Monday discussed Iran’s proposal to reopen the Strait of Hormuz if the U.S. lifts its blockade and the war ends, White House press secretary Karoline Leavitt confirmed. The proposal would postpone negotiations on Tehran’s nuclear ambitions for a later date, Axios and The Associated Press reported earlier Monday. It remains unclear if Trump, who has vowed not to lift the blockade until a deal with Iran is “100% complete,” will entertain the reported offer to end the two-month-old war. “I will confirm the president has met with his national security team this morning,” Leavitt said at a press briefing Monday afternoon when asked about the reports. “The meeting may be ongoing,” Leavitt said …