us-treasury-department

Trump Energy Pivot Roils Oil Amid Disruptions

ANALYSIS – The Trump administration is reshaping U.S. energy and foreign policy around oil supply and price stability, taking aggressive steps in Venezuela and Iran as global markets reel from oil-driven disruptions. In recent days, the administration has moved to ease restrictions on both Venezuelan and Iranian oil, part of a broader effort to counter a sharp rise in crude prices linked to escalating conflict in the Middle East. The Treasury Department ... [+]