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  • September 2026
    Trump Administration Announces Deal on Venezuelan Oil...

    On August 28, President Trump announced a deal with Venezuela that secured majority control of more than 65 billion barrels of Venezuela's...

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  • August 2026
    Trump Administration Imposes New Sanctions on Iran

    The United States imposed new sanctions against Iran's trading partners as Iran threatens to halt all oil exports through the Strait of...

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  • August 2026
    EIA Projects U.S. Oil Production Will Set...

    According to the Energy Information Administration’s (EIA) August Short-Term Energy Outlook (STEO), U.S. oil production is expected to reach a record 13.8...

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  • August 2026
    BP to Sell Its North Sea Oil...

    BP is selling off its offshore oil and gas assets in the North Sea due to punitive UK taxes. BP pays an...

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  • August 2026
    60-Day Ceasefire Ends in Iran Conflict

    CNBC reports that the 60-day ceasefire between the United States and Iran ended on August 17, with no official negotiations or a...

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  • August 2026
    Trump Extends the Jones Act Waiver

    The Jones Act of 1920 requires that ships engaged in domestic U.S. maritime trade be built, owned, crewed, and flagged in the...

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