US regulatory actions to ensure oil and gas pipeline safety have plummeted to a record low for the start of a presidential administration as Donald Trump pushes to streamline the government and cut red tape.

Oil prices rose on Friday, following US President Donald Trump’s announcement of an upcoming statement concerning Russia, which hinted at potential additional sanctions on the significant oil-producing nation.

US President Donald Trump said he is "strongly considering" supporting a proposed sanctions bill that would impose a 500 per cent tariff on countries like India and China that continue purchasing Russian energy products.

While US President Donald Trump’s chaotic tariff strategy has disrupted the oil market for months, his renewed attacks on trading partners this week have solidified consensus on at least one matter: The outlook for crude demand is set to worsen.

In a move overshadowed by the passage and signing of the One Big Beautiful Bill Act, President Donald Trump on July 3 signed an executive order establishing a new commission to advise him on the nation's public lands.

U.S. President Donald Trump's signature budget bill slashed funding for refilling U.S. emergency oil reserves, violating his previous vow to fill them "right to the top". This about-face raises the question of whether the U.

A high-stakes effort to free a group of detained Americans and dozens of Venezuelan political prisoners collapsed earlier this year due to internal conflict within the Trump administration, as two top officials pursued conflicting negotiations with Caracas,