Grassley Urges Diesel Export Ban As Global Fuel Crisis Stokes Resource Nationalism Fears

President Donald Trump said he was giving Iran one more opportunity to submit a workable proposal to end the war.  “We’d have to open the [Strait of Hormuz]. That would open immediately,” the President told reporters on Wednesday. “So we’re going to give this one shot. I’m in no hurry.”  Negotiations between the US and […]

US Pledges $267 Million More In Ebola Aid To Congo The United States is sending another $267 million to fight the Ebola outbreak in Congo, bringing total U.S. aid for the outbreak to $887 million, the State Department announced Wednesday on the sidelines of the U.N. General Assembly. A doctor administers serum to a patient with Ebola virus disease at the Rwampara Ebola Treatment Centre in Bunia, Ituri Province, in northeastern Congo, on July 13, 2026. Benediction Murhabazi/AFP via Getty ImagesThe outbreak, first detected in Congo's Ituri province in May before...

Halliburton Sees First Signs Of Life In America's Oil Patch: "We Are In Early Innings" An emerging theme we are focusing on is the early stage of a major capex upcycle in America's oil patch, with even Goldman now moving in that direction and forecasting a boom that could echo the industry's expansion cycle of the early 2000s. Continental Resources CEO Doug Lawler was the first of the major oil patch players to mention in early April that "Continental is increasing our capital budget, which will increase production." Now, another giant...