The Dutch government has protested against a proposed U.S. bill that would further restrict semiconductor equipment exports to China, according to written answers by Dutch Trade Minister Sjoerd Sjoerdsma to lawmakers. The legislation, known as the Multilateral Alignment of Technology Controls on Hardware Act, or MATCH Act, seeks to compel U.S. allies such as the … Read more
U.S. President Donald Trump has warned the European Union (EU) that the United States could impose significantly higher tariffs on European imports if the bloc fails to fulfill its end of the trade deal by Fourth of July, tying the ultimatum to America’s Independence Day celebrations. Mr. Trump said after a phone call with European … Read more
U.S. Secretary of State Marco Rubio cast fresh doubt on the reliability of some NATO allies on Friday after talks in Rome with Italian Prime Minister Giorgia Meloni, saying the United States would need to examine the value of maintaining forces in Europe if allied governments refused to allow the U.S. to use the military … Read more
The Trump administration has launched a new initiative to explore the use of small modular nuclear reactors (SMRs) in commercial shipping, as part of a broader push to revive the U.S. maritime industry and reduce reliance on foreign-built vessels and conventional marine fuels. The U.S. Department of Transportation (DOT) and the Maritime Administration (MARAD) this … Read more
U.S. authorities are examining a series of unusually timed oil trades worth more than $2.6 billion that were placed shortly before major announcements linked to the Iran conflict sent crude prices sharply lower, according to media reports and market data reviewed by analysts. The probe, reportedly involving the U.S. Department of Justice and the Commodity … Read more
The United States Air Force has deployed two squadrons of F-22 Raptor stealth fighters to Japan’s Kadena Air Base in Okinawa, reinforcing the U.S. airpower in the Indo-Pacific as delays continue to affect the permanent deployment of next-generation F-15EX Eagle II aircraft to the strategically important outpost. The aircraft, drawn from units based in Alaska … Read more
The U.S. naval blockade is curbing Iran’s oil export flows and swelling inventories, but gaps in enforcement are enabling workarounds such as floating storage and evasive shipping. Combined with continued purchases by China’s independent refiners, these flows are sustaining Iran’s limited exports and delaying the point at which storage constraints force production cuts with potentially … Read more
Russia’s oil production declined sharply in April as repeated Ukrainian drone strikes on key refineries, export terminals, and pumping stations disrupted processing and logistics across the country’s energy network, adding fresh pressure on Moscow’s crucial oil revenues. Industry sources said Russian crude output fell by as much as 400,000 barrels per day this month, marking … Read more
As a crucial deadline over U.S. involvement in the Iran conflict draws closer, President Donald Trump is facing intensifying political pressure from Congress, anxious allies, and voters already burdened by rising living costs, while prolonged disruption in the Strait of Hormuz continues to unsettle global energy markets. Under the U.S. War Powers Resolution, the White … Read more
The United States has enough missiles to sustain its current military campaign against Iran under the present ceasefire conditions, but the far bigger strategic risk lies in the next war — particularly a potential conflict with China — as stockpiles of several critical precision munitions have been sharply depleted and will take years to rebuild, … Read more
