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Tag: Donald Trump

Finance

Trump seeks $1.5trn 2027 defence budget amid Iran war

The White House sent a spending proposal to lawmakers Friday calling for a massive $1.5 trillion United States defense budget next year as it faces increased costs due to the war in Iran. The total year-on-year increase in Pentagon spending would be the largest since World War II, US media reported, although presidential budgets are […]

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Trump threatens to seize Iran’s oil fields amid tensions

United States President Donald Trump has said the US could move to seize Iran’s oil resources, including the key export terminal at Kharg Island, as tensions between the US, Iran and Israel continue to escalate. In an interview with the Financial Times on Sunday, Trump compared the possible move to Washington’s stance in Venezuela, where […]

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No negotiations yet amid US-Iran war, says Tehran envoy

Iran’s ambassador to Pakistan on Wednesday said there had been no talks between Washington or Tehran, after United States President Donald Trump signalled tentative progress in diplomatic efforts to end the war. “We have also heard such details through the media, but according to my information — and contrary to Trump’s claims — so far […]

featured Oil and Gas

Iran denies US talks, accuses Trump of oil market manipulation

Iran has firmly denied engaging in any negotiations with the United States. This directly contradicts claims by US President Donald Trump that both nations recently held productive conversations. In a statement issued on Monday, Iran’s foreign ministry insisted that no discussions are taking place between Tehran and Washington. It dismissed Trump’s remarks as a strategic […]

Business

Oil Prices fall as Trump pauses strikes on Iran

Oil prices dropped sharply on Monday after President Donald Trump said the U.S. and Iran held productive talks, prompting him to pause planned strikes on the country’s key energy infrastructure. Brent crude fell more than 6 per cent to $105.09 per barrel after rising above $112 on Friday, while West Texas Intermediate futures declined nearly […]

News

Trump orders five-day ceasefire on Iran energy sites amid talks

United States President Donald Trump announced on Monday that he had ordered a halt to threatened military strikes on Iranian energy infrastructure following productive discussions with Tehran. The announcement came amid an ongoing conflict in the Middle East, now in its fourth week, which has involved tensions over the Strait of Hormuz and attacks on […]

Maritime

Iran defies Trump Hormuz reopening order, threatens gulf mines

Iran threatened on Monday to deploy naval mines in the Gulf and target power plants across the region in defiance of United States President Donald Trump’s ultimatum demanding that the Islamic republic reopen the Strait of Hormuz. The escalated rhetoric followed warnings that the world faces an energy crisis more severe than the combined impact […]

World

Iran war: Europe rejects Trump’s call for Hormuz naval help

European leaders have rejected demands by the United States President, Donald Trump, for help to clear the Strait of Hormuz. This came as foreign ministers from the European Union gathered in Brussels yesterday to discuss skyrocketing oil prices from the US-Israeli war on Iran. The pushback followed Trump’s call on the UK, China, France, Japan, […]

Oil and Gas

Trump waives oil sanctions to slash global prices amid Iran war

United States President Donald Trump announced on Monday that his administration would temporarily waive certain oil-related sanctions to boost global oil supply and bring down prices amid disruptions from the ongoing Middle East conflict. The United States and Israel have conducted strikes on Iran, while Tehran has launched retaliatory attacks across the Gulf region. These […]

Tech

Trump launches tech corps to boost US AI presence overseas

Amid growing competition with China, the United States is leveraging a key instrument of American soft power and diplomacy to extend its influence in artificial intelligence: the Peace Corps. The White House on Friday introduced the “Tech Corps” initiative, a Peace Corps program aimed at promoting American AI abroad and supporting partner nations in implementing […]

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