●Developing · 3Trump says South Korea deal includes an $8.4 billion oil projectThe project will fund enhanced oil recoveryIt adds to a broader US-South Korea investment packageDonald TrumpSouth KoreaCrude oilTrade deals3 sources · 7h
Leadership●Trump expected to name intelligence chief Jay Clayton as AI czarThe administration is weighing AI regulation and competition with ChinaJay ClaytonDonald TrumpAIChina3 sources · 6h
Market move▲Oil falls $2 as Europe agrees to release diesel reserves after Trump pushBrent fell 1.76% to $100.50 a barrel after Europe agreed to release additional diesel stockpilesWTI dropped 2.18% to $90.85Lower crude prices can ease costs for Indian oil-marketing companies and fuel-intensive sectorsCrude oilDieselWest Texas IntermediateDonald TrumpEuropean markets1 source · 4h
●Developing · 3Trump wants South Korea in on Alaska LNG. Here’s why Seoul is cautiousSouth Korea remains cautious on Alaska LNG over high costs and commercial risksSouth KoreaNatural gasDonald Trump2 sources · 2h
Market move▲Developing · 24Diesel falls sharply as EU considers releasing 50mn barrels under pressure from TrumpDiesel prices fell sharply as the EU considers releasing 50mn barrels from reservesTrump threatened to ban US fuel exports unless Europe unlocks reservesLower diesel prices could ease fuel costs for Indian refiners and transport companiesDieselEuropean UnionDonald TrumpTrade and tariffs1 source · 13h
●Trump says Europe will release a “massive amount” of diesel stocksChina is restricting fuel exports amid global supply disruptionsUS Energy Secretary Wright said he was “highly confident” Europe would release diesel stocksDiesel supply shifts may affect crude and fuel costs for Indian refiners and oil marketing companiesDieselDonald TrumpEuropean UnionChina3 sources · 7h
Policy▼Developing · 24Trump plays with a critical lifeline that keeps global economy goingA potential US diesel export ban could remove about 1.2 million barrels a day from global supplyTighter fuel markets could raise costs for Indian refiners and transport companiesDieselDonald TrumpCrude oilTrade and tariffs1 source · 13h
▼Developing · 72US sends thousands of troops to West Asia as Trump weighs new Iran strikesThe US is sending roughly 9,000 troops to the Middle East as Trump weighs new Iran strikesEscalation risks higher crude prices, pressuring Indian oil importers and transport companiesMiddle EastIranDonald TrumpGeopolitics2 sources · 16h
Policy●Trump weighs diesel export ban; Macron rallies G7 leaders over surging energy prices — inside transatlantic energy clashMacron plans a G7 leaders’ call on surging fuel prices as the US pressures allies to release diesel stocksOil price swings affect Indian oil marketing companies and fuel consumersDonald TrumpDieselFuel pricesFranceTrade and tariffs1 source · 10h
●Developing · 12Modi and Trump may speak again soon, but US says India trade deal is not imminentGreer said Modi and Trump had a “constructive call yesterday morning”; another call may follow soonGreer said sticking points remain and he did not think a deal was imminentGoyal pushed for an early interim deal to keep Indian exporters competitive in the US marketA delayed deal leaves Indian exporters facing continued uncertainty over access and competitiveness in the US marketTrade dealsTrade and tariffsUS tariffsNarendra ModiDonald Trump+115 sources · 9h
Market move●US bond yields: Trump may disappoint stocks, gold investors with these 2 steps to resolve debt crisis | Experts' viewExperts warn Trump's proposed steps to resolve the debt crisis could disappoint stocks and gold investorsUS yield moves can affect Indian equities and gold pricesUS TreasuriesBond yieldsDonald TrumpGlobal markets1 source · 17h
Legal●DOJ says it will not reopen criminal probe into former Fed Chair PowellThe DOJ said it will not reopen a criminal probe into former Fed Chair PowellUS FedDonald TrumpJerome Powell1 source · 3h
●Trump says he did not ’jump the gun’ on South Korea Alaska LNG investment announcementDonald TrumpSouth KoreaNatural gas1 source · 2h
●The birth of the G2?Xi Jinping’s US state visit is presented as signalling a G2 era for Donald TrumpXi JinpingDonald TrumpUS–China1 source · 5h
●Developing · 5Iran May Be Linked To Flydubai Incident 'Based On What I'm Hearing', Says TrumpTrump said Iran may be linked to the Flydubai cockpit attack, based on what he was hearingUAE and Saudi Arabia are investigating possible terrorist motivesIranFlydubaiDonald TrumpSaudi ArabiaGeopolitics3 sources · 21h
●From DOGE to US warfare: Elon Musk lands new role in Trump administrationElon MuskDonald Trump1 source · 14h
●Donald Trump reportedly used Elon Musk’s Grok AI before Maduro captureDonald TrumpElon MuskGrok1 source · 16h
Policy●Tariff policies bringing factories, jobs back to America, says TrumpTrump said trade measures are bringing factories and jobs back to AmericaHe cited truck manufacturing expansion as evidenceDonald TrumpTrade and tariffsUS tariffsManufacturingCommercial vehicles1 source · 17h
●Trump’s diesel threats could go very wrong — just look at the soyabeanThe piece warns Trump’s diesel threats could backfire, drawing a parallel with Nixon’s soybean export banNixon’s ban briefly suppressed domestic prices but carried a huge long-term costDonald TrumpDieselTrade and tariffs1 source · 19h