Federal Court Strikes Down 158-Year-Old Home Distilling Ban

India Rejects Russian LNG Under Sanctions India rejected Russia’s offer ​to sell it liquefied natural gas subject to US sanctions, despite a huge shortfall driven by Middle East tensions, leaving a tanker bound for India in limbo as talks continue on permitted cargoes, Reuters reports. The stance highlights the fine balance the world’s third-biggest oil importer and consumer is seeking to strike between securing energy supplies and avoiding LNG cargoes on which the U.S. has ​placed sanctions, which are harder to disguise and carry greater compliance risk. It also underscores the limits...

As the war in the Middle East escalates to attacks on energy infrastructure, the White House is taking extensive measures to put downward pressure on oil prices.  Treasury Secretary Scott Bessent told Fox Business’s Maria Bartiromo on Thursday that the US had lifted some oil sanctions on Russia and could also remove some Iranian tankers […]

Putin Presents Victory Day Truce In Ukraine During 90-Minute Trump Call With things in the Persian Gulf and the Iran War 'stuck'... it's apparently time to pivot back to that other 'stuck' war, in Ukraine. President Trump on Wednesday spoke over the phone with his Russian counterpart Vladimir Putin, with the call reportedly lasting an impressive 1.5+ hours, and the talk centered on finding ways forward both with the Iran and Ukraine conflicts. The most important item to emerge was that Putin reportedly proposed declaring a ceasefire in Ukraine on May 9,...