Latest OPEC News

In the early going, Trump 2.0 approach on foreign policy is to talk loudly and carry a big stick

Jan. 27, 2025 22:42 PM EST

WASHINGTON (AP) — Donald Trump in his first week back in the White House has offered an early preview to his second-term foreign policy approach: Talk loudly and wield a big stick. Over the weekend, Trump threatened to levy massive tariffs on Colombia after the country’s leftist...

Trump leans in on targeting Russian oil revenue as he tries to fulfill pledge to end Ukraine war

Jan. 24, 2025 18:33 PM EST

WASHINGTON (AP) — President Donald Trump is emphasizing that targeting Russia's oil revenue is the best way to get Moscow to end its nearly three-year war against Ukraine. Trump, who pledged in the campaign that he'd broker a quick end to the grinding conflict, in his first days...

Trump tells Davos elite to invest in US or face tariffs

Jan. 23, 2025 15:05 PM EST

WASHINGTON (AP) — President Donald Trump used an address Thursday to the World Economic Forum to promise global elites lower taxes if they bring manufacturing to the U.S. and threatened to impose tariffs if they don’t. Speaking by video from the White House to the annual summit...

US to return $52.8 million in seized assets linked to Nigeria's former oil minister

Jan. 10, 2025 16:36 PM EST

DAKAR, Senegal (AP) — The United States announced Friday that it would be returning $52.88 million in seized assets to Nigeria as part of a yearslong corruption probe against former oil minister Diezani Alison-Madueke and associates, according to a joint statement by Nigeria's minister of justice...