Trump Lifts Jones Act for 60 Days in Effort to Lower Oil Price

An Israeli airstrike on a car in Gaza City on Tuesday killed at least one Palestinian as the Israeli military continues its constant violations of the US-backed ceasefire deal. According to the Palestinian news agency WAFA, the strike hit a vehicle on al-Shuhada Street in the western part of the city. An Israeli drone attack […]

Fico Threatens To Cut Ukraine's Emergency Power As Russian Oil Transit Fight Escalates Slovakia's populist Prime Minister and pro-Trump ally Robert Fico has drawn an unexpectedly hard line in his country's ongoing energy showdown with Ukraine: restore Russian oil flows, or else a key emergency electricity lifeline for Ukraine gets pulled. In a weekend post on X, Fico warned that unless Ukraine resumes pumping Russian crude to Slovakia by Monday, Bratislava will cut off its emergency power exports. This is an immense threat given current frigid subzero temperatures in war-ravaged Ukraine. "If...

UK Faces Summer Flight Disruptions As Jet Fuel Risks Mount Via City AM, Ministers are expected to warn Britons that flight cancellations could disrupt summer holiday plans. Allianz Trade research says the UK is especially exposed to jet fuel shortages because of import dependence. Airlines are weighing cancellations, surcharges, and ticket price adjustments as fuel supply risks rise. Ministers are set to warn the British public that flight cancellations will hit summer holiday plans as new research suggested that the UK is more exposed to jet fuel shortages than other European countries.  Heidi Alexander, the...