The Trump administration has discussed trading in the oil futures market as a strategy to help curb surging crude prices amid the war in Iran, Interior Secretary Doug Burgum said.
The Trump administration has discussed trading in the oil futures market as a strategy to help curb surging crude prices amid the war in Iran, Interior Secretary Doug Burgum said.
Fuel storage tanks at the Sunoco LP Terminal in Crockett, California, US, on Sunday, March 1, 2026. Oil surged by the most in four years, as the US-Israeli war against Iran plunged the global crude market into turmoil, with the effective closure of the critical Strait of Hormuz. Photographer: David Paul Morris/Bloomberg
Japan and other Asia-Pacific nations are set to unveil at least $30 billion worth of agreements with US companies this weekend, as Trump administration officials descend on Tokyo to press for more collaboration with regional allies on energy and critical minerals.
Japan and other Asia-Pacific nations are set to unveil at least $30 billion worth of agreements with US companies this weekend, as Trump administration officials descend on Tokyo to press for more collaboration with regional allies on energy and critical minerals.
Tokyo, Japan. Photographer: Shiho Fukada/Bloomberg
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