Tag: Energy
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Trump signs H.R. 5334, arming the executive branch with statutory authority to impose duties of up to 100 percent on the five largest buyers of Russian crude and gas, and a 500 percent wall against Russian goods, while leaving every operative decision to his own discretion WASHINGTON, SEPT. 19, 2026 President Donald Trump signed the…
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Trump invokes emergency powers to bar foreign adversary equipment from the power grid, opening a new front in the trade war that tariffs alone could not reach WASHINGTON, Aug. 29, 2026. President Donald Trump on Wednesday declared a national emergency over the security of the American power grid and signed an executive order that empowers…
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Executive Order 14420 declares a national emergency over foreign-made bulk-power equipment, gives the Energy Secretary 120 days to write rules, and reaches software, firmware, and remote access as well as transformers and inverters WASHINGTON, Aug. 28, 2026. President Donald Trump signed an executive order on Wednesday declaring a national emergency over foreign produced equipment in…
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Russia’s decision to keep its refiners locked out of export markets for another month deepens a global diesel squeeze that has already sent futures to record premiums and left Turkey, Brazil and North Africa scrambling for replacement barrels. MOSCOW, Sept. 1: Russia’s government has extended its ban on diesel exports by producers through September 30,…
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Washington weighs fresh trade penalties and a January 1 jump to 50 per cent auto tariffs as Canada’s retaliation hardens, premiers split on strategy and the North American trade pact edges toward collapse OTTAWA, August 27, 2026 The Canada-United States trade war entered its most dangerous phase this week, with the White House signalling further…
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Four federal ministers unveil the September 8 counter-tariff schedule and a support package of loans and benefits, as provinces threaten energy and mineral leverage and small business groups question whether relief reaches the firms that need it OTTAWA, August 25, 2026 Four members of Prime Minister Mark Carney’s cabinet appeared together in Ottawa on Tuesday…
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Canberra and New South Wales have committed A$2.5 billion over a decade to keep Australia’s largest aluminium smelter alive, a bailout that lays bare the accelerating global race to subsidise strategic metals. SYDNEY, August 13, 2026. Australia’s federal government and the New South Wales state government on Thursday jointly announced a rescue package worth A$2.5…
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New Delhi raises export duties on diesel, petrol and jet fuel for the second time in a month, sparing state-run sales to six small neighbours while more than 100 trading partners absorb the cost of the revived windfall regime NEW DELHI, August 5, 2026 — India’s Ministry of Finance has raised export levies on the…
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Carney rules out energy export curbs as a retaliation tool, narrowing Ottawa’s counter-tariff options with three weeks left before Washington’s 50 per cent Section 338 duties hit roughly $20 billion in Canadian goods RED DEER, Alta., July 30, 2026 – Prime Minister Mark Carney has taken Canada’s single largest source of economic leverage over the…
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The Jones Act Under Pressure: Background and Current Policy Debate The Jones Act, formally known as the Merchant Marine Act of 1920, has governed domestic maritime commerce in the United States for over a century. The act mandates that cargo moving between U.S. ports must be transported aboard vessels that are American-built, American-flagged, and crewed…