Washington, March 12 (IANS) US Energy Secretary Chris Wright said energy markets could face short-term disruption as the conflict involving Iran affects oil flows, but insisted the impact would likely be temporary and that military operations would eventually stabilise global energy supplies.
Washington, March 12 (IANS) US President Donald Trump said the United States could destroy Iran’s electricity infrastructure within an hour if it chose to escalate the conflict, while also revealing that authorities were investigating a possible Iranian revenge plot involving drones launched from a boat off the California coast.
Washington, March 12, (IANS) The White House pushed back sharply against critical reporting in major US newspapers on the Trump administration’s handling of the war with Iran and its impact on global energy markets, accusing the media of spreading a “fake narrative” about the objectives of the military campaign.
Washington, March 12 (IANS) The United States will release 172 million barrels of oil from its Strategic Petroleum Reserve over the next four months, part of a coordinated international effort by major economies to stabilise energy markets as conflict in the Middle East pushes global prices higher.
United Nations, March 12 (IANS) The Security Council has adopted a resolution cosponsored by India condemning "in the strongest terms" Iran's attacks on its neighbours in the Middle East.
Washington, March 12 (IANS) The United States has launched a trade investigation into structural excess manufacturing capacity across 16 economies. The list includes major exporters such as China and the European Union, as well as manufacturing hubs in Asia and emerging economies such as India, Bangladesh, and Cambodia.
Washington, March 12 (IANS) President Donald Trump has declared that tax cuts and incentives for domestic production were boosting investment and jobs across the United States, arguing during a visit to Kentucky that his economic policies were helping American businesses expand and hire.
Washington, March 12 (IANS) The US pet industry has reached a record $157 billion in spending, but small business owners told senators that rising healthcare costs, regulatory hurdles, labour challenges, and financing constraints are making it harder for many companies to keep pace with the sector’s rapid growth.
Washington, March 12 (IANS) The United States has launched a sweeping trade investigation targeting India and 15 other economies over alleged excess industrial capacity in manufacturing sectors, a move that could eventually lead to tariffs or other trade measures.
Washington, March 12 (IANS) The United States has become dangerously dependent on China for the raw materials and ingredients used in many of its most common medicines, lawmakers and expert witnesses warned at a Senate hearing, casting the problem as both a national security threat and a looming public health crisis.
