Page 15 - Donald Trump

India's US crude imports head for lowest level since Dec 2024: Here's why

India's US crude imports may fall to around 75,000 bpd in August, near 70,000 bpd in December 2024; imports had peaked at about 565,000 bpd in October 2025

Trump says US has '100%' control of Hormuz as Iran demands war reparations

Donald Trump claims the US Navy has full control of the Strait of Hormuz after clearing mines, while Iran says it will not fully reopen the key oil route until its demands are met

Trump media firm posts $238 million loss in second quarter as crypto falls

The president's media company posted a massive loss in the second quarter and announced plans to ditch new business lines and refocus as a forum for users to post their views. Trump Media and Technology, the company behind the Truth Social platform, said Monday that it lost USD238 million in the three months through June as it branched into businesses unrelated to media, including crypto. That was more than 10 times the loss from a year earlier. The per share loss widened to 86 cents from 8 cents. In a conference call after the earnings release, the new chief executive, Kevin McGurn, said a yearlong effort to expand by branching into several new industries including online betting and crypto would now be largely abandoned as he refocuses the business on its social media mission. "We made the disciplined choice to pivot in order to invest more time and resources in our most important initiatives," McGurn said. "We will say no to things or change course as warranted." Trump Media sto

Trump's former lawyer Todd Blanche sworn in as US attorney general

President Donald Trump's former personal lawyer, Todd Blanche, was sworn in Monday as attorney general after a bruising confirmation fight that exposed bipartisan concerns about the Justice Department's direction under the Republican president. Another former Trump attorney - Emil Bove, now a federal appeals court judge - administered the oath of office to Blanche at the White House following early Saturday's Senate confirmation vote by the narrowest of margins. Blanche, a former federal prosecutor in New York, is officially taking command of a Justice Department he has been leading in an acting capacity since Pam Bondi's firing in April. With the confirmation battle behind him, Blanche now faces the challenge of having to navigate the demands of a president who has made no secret of his desire to use the law enforcement agency to target his political foes. Blanche will do so with an agency that has been hollowed out by resignations, firings and voluntary departures while also ...

Trump secretly flew from Turkey on smaller aircraft due to Iranian threat

Trump had taken the newly renovated Qatari-donated jet to Ankara for the Nato summit but he unexpectedly used an older Air Force One when departing the country

Hopes for Strait of Hormuz deal fade as Trump demands Iranian reparations

Trump's proposal, which had not been raised before, was a response to Tehran's demands for compensation and an end to sanctions

Trump may drop Iran nuclear deal demand if Hormuz reopens: Report

Donald Trump could move away from his demand for a new Iran nuclear deal if Tehran fully reopens the Strait of Hormuz, as he looks for a way to end the conflict and ease pressure on oil prices

Trump's new birthright citizenship orders: Who could lose US citizenship?

Trump's new birthright citizenship orders explained: Who could be affected and can he change US law?

Iran holds firm on Strait on Hormuz, pushes Trump back to June deal

The Strait of Hormuz is Iran's best leverage to get Washington to release Iran's frozen assets, lift economic sanctions and end its naval blockade

'Low-key approach': Trump rules out fresh military offensive on Iran

Trump said the US is only 'semi-negotiating' with Iran and is monitoring its worsening economy, as talks on reopening the Strait of Hormuz remain stalled

Trump names staff secretary Will Scharf as new White House counsel

President Donald Trump announced Sunday that his new White House counsel will be Will Scharf, the staff secretary who as the Trump-appointed head of the National Capital Planning Commission helped secure approval for the USD 400 million ballroom project. Trump said that, beginning September 1, Scharf will be replacing David Warrington, who will be leaving the administration to join the private sector. Trump noted that Scharf previously served as a federal prosecutor and represented him in a number of cases, including at the Supreme Court. "Will is Tough, Strong, and Smart! He also loves our Country, and respects the Law," Trump wrote on Truth Social. "Will Scharf will do a great job as White House Counsel!" The shakeup in the White House counsel's office comes at a critical juncture - just months ahead of the midterm elections, where Trump's Republican Party will be fighting to hold on to control of Congress. Democrats have vowed to pursue investigations into Trump and his ...

US may gain edge in India trade talks over Russian oil purchases: Experts

US senate passes bill threatening 100% tariff on top russian oil buyers

Israel rejects Trump's 15-point plan for Gaza, says PM Benjamin Netanyahu

Israel rejects Trump's Gaza peace plan and says it will not withdraw until Hamas fully disarms, raising fresh uncertainty over the ceasefire

US Treasury pressures Harry Sargeant to divest from Venezuela oil venture

Sargeant served as a vital back channel between Washington and Caracas during years of deep hostility, accumulating outsized influence on both sides

Todd Blanche confirmed as Trump's attorney general in 50-49 Senate vote

The Senate confirmed Todd Blanche as attorney general in a vote early Saturday morning, cementing President Donald Trump's former personal attorney's command of a Justice Department the Republican president has sought to bend to his will. The Republican-led Senate voted 50-49 to make Blanche the second confirmed attorney general since Trump returned to the White House last year with a stated desire to use the law enforcement agency to investigate his political enemies. While Blanche has already been leading the department in an acting capacity, his confirmation could free him to pursue the Trump administration's agenda even more aggressively. The vote followed a tumultuous confirmation fight that exposed deep concerns - from some Republicans as well as Democrats - about installing Trump's close ally atop a Justice Department that historically prided itself on its independence from the White House. In the end, Blanche was confirmed by the narrowest of margins, opposed by two ...

Trump gets temporary reprieve from disclosing business finances in BBC suit

President Donald J Trump, Plaintiff, got a welcome break this week in one of his battles with the media - but for the moment, only a temporary one. As his USD 10 billion lawsuit against the BBC proceeds, a federal judge in Florida granted the president a temporary reprieve on Thursday from an order that he begin divulging details of his business empire's financial performance - something he is clearly loath to do. US District Judge Roy Altman agreed to put that order on hold while he considers an amended complaint from Trump that would narrow his claim that he suffered damage to both business and reputation. By focusing only on the latter, Trump's lawyers hope to avoid the need for the financial disclosures. That updated complaint has not been made public. Trump filed the lawsuit in December over the way the British broadcaster, in a 2024 documentary, edited a speech he gave on Jan. 6, 2021, before protesters attacked the Capitol in Washington. It is one of many actions he has take

Trump calls court ruling on WH ballroom a 'national security threat'

US president says his administration will challenge the ruling before the Supreme Court after a federal appeals court said the project requires congressional approval

Trump moves to fire Fed's Lisa Cook again after June court setback

The White House has asked Cook to respond within three weeks to mortgage-fraud allegations that her lawyer called baseless, according to a report by ABC News on Friday

US Court rules Trump must get Congress' approval for ballroom construction

An appeals court has ruled that President Donald Trump must seek approval from Congress to build his proposed White House ballroom, saying construction must stop. The US Court of Appeals sided with historic preservationists who sued to stop construction. The court said it would stay its own ruling for two weeks to allow the administration to appeal to the US Supreme Court.