Donald Trump

RIL US refinery may get Venezuelan oil access; need deal clarity: Analysts

Analysts believe Texas refinery deal could be a positive for Reliance given the current geopolitical environment; however, await for more clarity as the company is yet to issue an official statement.

How Trump and his advisers miscalculated Iran's response to war

In the lead-up to the US-Israeli attack, President Trump downplayed the risks to the energy markets as a short-term concern that should not overshadow the mission to decapitate the Iranian regime

About 140 US troops injured, 8 severely, so far in Iran war, says Pentagon

US Defence Secretary Pete Hegseth said Tuesday would be the most intense day yet of US strikes inside Iran. The Islamic Republic, its firepower diminished, vowed to fight on. Israeli Prime Minister Benjamin Netanyahu said the war's aim is a popular overthrow of Iran's government, and "we are breaking their bones". White House press secretary Karoline Leavitt said US President Donald Trump "is not making anything up" as he offers varying justifications for launching the war. The US stock market and oil prices were holding relatively steady on Tuesday after Trump's signals about how long the war could last caused wild swings in financial and fuel markets. The Pentagon, meanwhile, offered its first tally of American wounded, saying about 140 US troops have been injured, eight severely. Iranian Parliament Speaker Mohammad Bagher Qalibaf dismissed any suggestion of seeking a ceasefire, while another top Iranian security official, Ali Larijani, warned Trump himself, writing on X that "Iran

Trump announces new oil refinery in Texas, thanks Reliance for investment

Trump announced the opening of a new oil refinery in Texas, calling it the first new US refinery in 50 years and part of a $300 billion deal while thanking Reliance Industries for its investment

Trump warns Iran against laying mines in Strait of Hormuz, threatens action

Trump said that US forces destroyed 10 mine-laying boats in fresh strikes.

Trump weighs easing Russia sanctions, other measures to cool oil prices

Trump told reporters in Florida on Monday that his administration was lifting sanctions on some countries as part of efforts to stabilise the oil market, but declined to provide details

Iran's security chief warns Trump to 'be careful not to be eliminated'

Ali Larijani wrote the message on X Tuesday after Trump threatened to attack Iran "TWENTY TIMES HARDER" if Tehran stopped oil flowing through the Strait of Hormuz

Trump's failure to understand Iran's leadership may give Tehran an edge

From Ukraine to Iran, Trump has repeatedly misjudged his adversaries - a pattern seen in past US wars that shows how underestimating rivals can reshape conflicts and prolong geopolitical crises

Democrats threaten to stall Senate until Trump admin explains Iran war

The Senate last week voted down a war powers resolution, which would have put curbs on Trump's abilities to use military force in Iran

Trump faces limited options to lower oil prices as Iran war continues

While US officials look for ways to ease oil shocks, experts say higher prices will likely persist until traffic through the Strait of Hormuz returns

Iran says China, Russia, France reached out to discuss possible ceasefire

Iran's deputy foreign minister said that many countries want a way for ceasefire discussions, but said any truce is possible only if the US and Israel stop attacks

West Asia war updates: LPG supply hit in India; Trump warns Iran on Hormuz

Rising tensions in West Asia are affecting LPG shipments to India; Trump warns Iran over the Strait of Hormuz as oil prices swing and fears of wider energy supply disruption grow

Legal fight reopens over Donald Trump's push to tax low-value imports

The justices in February struck down his use of an emergency powers law to impose duties, but didn't address his authority to halt the exemption for low-value packages

IRGC offers conditional free passage via Hormuz, vows to decide war's end

Iran's revolutionary guards say Arab and European countries that expel Israeli and US ambassadors will be granted full freedom to pass through the Strait of Hormuz, according to Iranian state media

Oil falls over 6% as Trump predicts de-escalation in West Asia conflict

Shortly after settlement, prices turned negative following news of a phone call between US President Donald Trump and Russian President Vladimir Putin

Trump and Putin discuss Iran, Ukraine conflicts during telephone call

The conversation between the two focused on the Iran conflict and trilateral talks between Washington, Moscow and Kyiv aimed at settling the Ukraine conflict

War is 'very complete', says Trump, considers taking over Strait of Hormuz

US President claims major military success against Iran and says he is considering taking control of the strategic Strait of Hormuz to secure regional shipping routes and prevent any further threats

Trump reviews steps to tame oil prices after Iran war roils markets: Report

The turmoil in energy markets comes at a sensitive moment for the president, who has sought to keep fuel prices low as a cornerstone of his economic message to voters

Anthropic sues Trump administration over Pentagon 'supply chain risk' tag

Anthropic is suing the Trump administration, asking federal courts to reverse the Pentagon's decision designating the artificial intelligence company a "supply chain risk" over its refusal to allow unrestricted military use of its technology. Anthropic filed two separate lawsuits Monday, one in California federal court and another in the federal appeals court in Washington, D.C., each challenging different aspects of the Pentagon's actions against the company. The Pentagon last week formally designated San Francisco tech company a supply chain risk after an unusually public dispute over how its AI chatbot Claude could be used in warfare. The lawsuits aim to undo the designation and block its enforcement.