WASHINGTON — The U.S. is considering a series of steps to prevent global oil prices from rising following a decision by oil exporting and producing countries to slash production despite intensive lobbying by the Biden administration. The grouping known as OPEC+, which includes members of OPEC and allies, including Russia, said earlier this week it would […]
The fresh calls came after new reporting detailed how rising U.S. crude exports have helped push the nation’s gas prices to record highs. With gas prices surging to unprecedented levels across the United States, President Joe Biden on Thursday faced fresh calls to use his authority to temporarily halt crude oil exports that—in addition to damaging […]
WASHINGTON – Five Pakistani businessmen have been indicted in the United States for operating an international network of front companies to export U.S.-origin goods to Pakistan for use in that country’s nuclear weapons program, the Justice Department announced on Wednesday. The defendants bought and exported U.S.-origin items for Pakistan’s Advanced Engineering Research Organization and […]
President Donald Trump has issued a warning to U.S. trading partners that unless they remove restrictions placed on American goods, they will face “more than Reciprocity by the U.S.A.” “The United States is insisting that all countries that have placed artificial Trade Barriers and Tariffs on goods going into their country, remove those Barriers & […]