Trending News: UK Oil Refineries Face Extinction Without Urgent Policy ShiftBig Oil Challenges $5 Billion Environmental Fine in KazakhstanUS Natgas Prices Climb as Winter Storm Batters US Northeast, LNG Export Flows Near RecordWatch Out for Oil’s Disappearing Disinflationary Drag: McGeeverDominion Energy Forecasts Annual Profit Below Estimates, Raises Spending Plan$100 Oil Price Forecasts Resurface Amid U.S.-Iran StandoffChevron Moves to Acquire Lukoil’s Major West Qurna 2 Oilfield in IraqSupreme Court to Rule on Exxon’s $1 Billion Cuba Assets ClaimUN Secretary General: Clean Energy Future Is within ReachUkraine receives first delivery of regasified LNG from GermanyEU-backed project targets high-purity hydrogen from ammonia crackingThe wide-ranging impacts of Indonesia’s nickel supply declineFuture Biogas buys Burton Agnes Renewables plant in UKUS Supreme Court to Hear Exxon Bid for Compensation From CubaOil Steadies as US-Iran Talks Offset US Tariff Uncertainty  US to Make Tariff Decision on Solar Panels from India, Indonesia and LaosGoldman Raises Q4 Oil Price Outlook on Lower OECD StocksUS LNG Export Surge and Soft China Demand Meet Record European Imports: RussellEU Urges Trump to Honor Trade DealEurope Set for Another Record LNG Import MonthSaudi Aramco Secures First Condensate Deals From $100 Billion Jafurah ProjectTraditional hydrogen demand buoys Air Liquide’s US salesTraditional hydrogen demand buoys Air Liquide’s US salesFTC Solar Announces Supply Agreement with Lubanzi InalaNASA rolls back Artemis II rocket following helium flow issueJeff Holyoak joins Aircapture to scale DACJeff Holyoak joins Aircapture to scale DACWhy Prime Movers’ Reliability Is Critical to Power UptimeAnalysts Examine What Tariff Decision Means for OilAdani Green Energy Creates New Step-Down Subsidiary Skyspin Energy To Produce And Distribute Power From Wind, Solar & Other RenewablesJyoti Structures Successfully Energizes Two Key Sections Of 400 kV Pirana–Ahmedabad Transmission Network, Marking Major Project MilestoneConstruction Begins On 100 MW Karangkates Floating Solar Plant At Karangkates Dam In IndonesiaIndustry trio team up to scale UK north-west carbon captureAboitiz Unit Seeks P564-Million Grid Link For Ilocos Hybrid Solar FarmZenith Energy Begins Construction On First Italian Solar Projects As WESOLAR Advances 7 MWp Andria Portfolio In Puglia Toward July 2026 Build StartFT Uncovers $90 Billion Russian Oil Smuggling OperationWood Mackenzie Says Big Oil’s Strategy Has Snapped Back to UpstreamQueensland secures funding for agri-to-biomethane facilityUSA DeBusk expands with Extreme Nitrogen acquisitionU.S.-Iran Tensions Threaten to Send Oil Tanker Rates SoaringUK Plans to Cut Carbon Costs for Refineries after ClosuresCanada to offer training as part of IAEA Rays of Hope initiativeSerbia and Russia discuss nuclear energy cooperationReactor vessel installed at Lufeng 6Kairos, DOE enhance collaboration on advanced reactor designTrump Tariff Reversal Could Cut Costs for US Energy Firms But Will Likely Leave Broader Flows UnchangedOil Rises Late, Settles Higher and With Weekly Gain on Iran-US JittersUS Judge Upholds $243 Million Verdict Against Tesla Over Fatal Autopilot CrashTXNM Energy Gets FERC Approval for $11.5 Billion Blackstone DealWindForce PLC Secures 120 MW Grid-Scale Battery Storage Projects In Sri LankaJapan Advances Space-Based Solar Power Project To Beam Energy From OrbitTürkiye And Saudi Arabia Sign 2,000 MW Solar Power Deal To Boost Clean Energy CooperationRwanda Secures $300 Million Boost To Expand Solar Access, Clean Cooking, And Grid ConnectionsNTPC Invites Bids For Solar High Mast Project At Vindhyachal Plant Under CSR 2025–26 In Madhya PradeshConocoPhillips Considers Selling Permian Assets Worth $2 Billion, Bloomberg News ReportsUS Drillers Keep Oil and Natgas Rig Count Unchanged for Second Week in a Row, Says Baker HughesUS Lawmakers Plan Iran War Powers Vote as Trump Weighs StrikesChina Hikes Russian Crude Imports as India RetreatsSupreme Court Rules That Trump’s Sweeping Emergency Tariffs Are IllegalUS Negotiating With India on Venezuelan Oil Sale, US Envoy SaysEnergy Transfer Terminates Offtake Agreements with Some Customers of Suspended Lake Charles LNG ProjectHungary Taps Strategic Oil Reserves After Druzhba Pipeline HaltAI Boom Faces Power Crisis Without Global Renewable SurgeTullow Oil Strikes Major Refinancing Deal with GlencoreUS Supreme Court rules against country tariffs policyAtlas Copco acquires US leak detection specialist LACOAir Liquide books €200m restructuring charge, majority tied to EuropeAir Liquide books €200m restructuring charge, majority tied to EuropeHelium is “gas of the future” offering unprecedented demandOil Heads for First Weekly Gain in Three as US-Iran Tensions RiseOil Prices Head for First Weekly Gain Since January on Iran TensionsShell Moves Ahead With Venezuela Gas Project After U.S. Sanctions ReliefSaudi Oil Exports to India Surge to Highest Level Since 2020Air Liquide embraces old and new business dynamicsAir Liquide embraces old and new business dynamicsAir Liquide expands electronics business with €2bn pipelineMorningstar Predicts Likeliest Iran OutcomeKampong Chhnang National Solar Park Sets Benchmark For Cambodia’s Clean Energy TransitionGlobal Cleantech Expo-Odisha Highlights India’s Renewable Energy Growth and MSME-Led Clean Tech InnovationMitsui & Co., Ltd. Signs 18 MW Virtual PPA With NIKE Japan Group, LLC For Solar Energy SupplyVietnam Leads Global Solar PV Manufacturing Outside China—ReportBulgaria’s Lukoil Refinery Slashes Costs By $8 MillionOil Demand Slumped by 614,000 Bpd in December on U.S. DeclineERC Hosts EGATi Delegation to Strengthen Philippine-Thailand Energy CooperationSaudi Oil Catches Up as India Buyers Navigate Russia SanctionsVideo | Virginia Esly: gasworld’s Specialty Gas Summit 2026Air Liquide lifts margin above 20% in full-year 2025 resultsDeveloper secures funding for New South Wales biohubCenovus Energy Q4 Earnings Skyrocket on Record ProductionUS Distillate Fuel Demand Rose in Latest Week to Four-Year High Last Week, EIA SaysDenison granted licence for Wheeler RiverCopenhagen Atomics secures thorium supply from NorwayUrenco installs innovative heat network at Dutch siteIllinois governor aims to speed up nuclear new-buildTerraPower’s Natrium reactor enters UK GDA processPrivate Equity Targets Clean Energy After Steep Drop-Off in 2025Trump-Backed Gas Project Has Competitors Rattled Over RisksEQT Expects $1 Billion Windfall on Storm-Driven Gas Price RallyTrump Admin Threatens To Withdraw From IEA Over Net Zero AgendaHungary Weighs Cutting Power and Gas Shipments to Ukraine
Tue. Feb 24th, 2026
Trending News: UK Oil Refineries Face Extinction Without Urgent Policy ShiftBig Oil Challenges $5 Billion Environmental Fine in KazakhstanUS Natgas Prices Climb as Winter Storm Batters US Northeast, LNG Export Flows Near RecordWatch Out for Oil’s Disappearing Disinflationary Drag: McGeeverDominion Energy Forecasts Annual Profit Below Estimates, Raises Spending Plan$100 Oil Price Forecasts Resurface Amid U.S.-Iran StandoffChevron Moves to Acquire Lukoil’s Major West Qurna 2 Oilfield in IraqSupreme Court to Rule on Exxon’s $1 Billion Cuba Assets ClaimUN Secretary General: Clean Energy Future Is within ReachUkraine receives first delivery of regasified LNG from GermanyEU-backed project targets high-purity hydrogen from ammonia crackingThe wide-ranging impacts of Indonesia’s nickel supply declineFuture Biogas buys Burton Agnes Renewables plant in UKUS Supreme Court to Hear Exxon Bid for Compensation From CubaOil Steadies as US-Iran Talks Offset US Tariff Uncertainty  US to Make Tariff Decision on Solar Panels from India, Indonesia and LaosGoldman Raises Q4 Oil Price Outlook on Lower OECD StocksUS LNG Export Surge and Soft China Demand Meet Record European Imports: RussellEU Urges Trump to Honor Trade DealEurope Set for Another Record LNG Import MonthSaudi Aramco Secures First Condensate Deals From $100 Billion Jafurah ProjectTraditional hydrogen demand buoys Air Liquide’s US salesTraditional hydrogen demand buoys Air Liquide’s US salesFTC Solar Announces Supply Agreement with Lubanzi InalaNASA rolls back Artemis II rocket following helium flow issueJeff Holyoak joins Aircapture to scale DACJeff Holyoak joins Aircapture to scale DACWhy Prime Movers’ Reliability Is Critical to Power UptimeAnalysts Examine What Tariff Decision Means for OilAdani Green Energy Creates New Step-Down Subsidiary Skyspin Energy To Produce And Distribute Power From Wind, Solar & Other RenewablesJyoti Structures Successfully Energizes Two Key Sections Of 400 kV Pirana–Ahmedabad Transmission Network, Marking Major Project MilestoneConstruction Begins On 100 MW Karangkates Floating Solar Plant At Karangkates Dam In IndonesiaIndustry trio team up to scale UK north-west carbon captureAboitiz Unit Seeks P564-Million Grid Link For Ilocos Hybrid Solar FarmZenith Energy Begins Construction On First Italian Solar Projects As WESOLAR Advances 7 MWp Andria Portfolio In Puglia Toward July 2026 Build StartFT Uncovers $90 Billion Russian Oil Smuggling OperationWood Mackenzie Says Big Oil’s Strategy Has Snapped Back to UpstreamQueensland secures funding for agri-to-biomethane facilityUSA DeBusk expands with Extreme Nitrogen acquisitionU.S.-Iran Tensions Threaten to Send Oil Tanker Rates SoaringUK Plans to Cut Carbon Costs for Refineries after ClosuresCanada to offer training as part of IAEA Rays of Hope initiativeSerbia and Russia discuss nuclear energy cooperationReactor vessel installed at Lufeng 6Kairos, DOE enhance collaboration on advanced reactor designTrump Tariff Reversal Could Cut Costs for US Energy Firms But Will Likely Leave Broader Flows UnchangedOil Rises Late, Settles Higher and With Weekly Gain on Iran-US JittersUS Judge Upholds $243 Million Verdict Against Tesla Over Fatal Autopilot CrashTXNM Energy Gets FERC Approval for $11.5 Billion Blackstone DealWindForce PLC Secures 120 MW Grid-Scale Battery Storage Projects In Sri LankaJapan Advances Space-Based Solar Power Project To Beam Energy From OrbitTürkiye And Saudi Arabia Sign 2,000 MW Solar Power Deal To Boost Clean Energy CooperationRwanda Secures $300 Million Boost To Expand Solar Access, Clean Cooking, And Grid ConnectionsNTPC Invites Bids For Solar High Mast Project At Vindhyachal Plant Under CSR 2025–26 In Madhya PradeshConocoPhillips Considers Selling Permian Assets Worth $2 Billion, Bloomberg News ReportsUS Drillers Keep Oil and Natgas Rig Count Unchanged for Second Week in a Row, Says Baker HughesUS Lawmakers Plan Iran War Powers Vote as Trump Weighs StrikesChina Hikes Russian Crude Imports as India RetreatsSupreme Court Rules That Trump’s Sweeping Emergency Tariffs Are IllegalUS Negotiating With India on Venezuelan Oil Sale, US Envoy SaysEnergy Transfer Terminates Offtake Agreements with Some Customers of Suspended Lake Charles LNG ProjectHungary Taps Strategic Oil Reserves After Druzhba Pipeline HaltAI Boom Faces Power Crisis Without Global Renewable SurgeTullow Oil Strikes Major Refinancing Deal with GlencoreUS Supreme Court rules against country tariffs policyAtlas Copco acquires US leak detection specialist LACOAir Liquide books €200m restructuring charge, majority tied to EuropeAir Liquide books €200m restructuring charge, majority tied to EuropeHelium is “gas of the future” offering unprecedented demandOil Heads for First Weekly Gain in Three as US-Iran Tensions RiseOil Prices Head for First Weekly Gain Since January on Iran TensionsShell Moves Ahead With Venezuela Gas Project After U.S. Sanctions ReliefSaudi Oil Exports to India Surge to Highest Level Since 2020Air Liquide embraces old and new business dynamicsAir Liquide embraces old and new business dynamicsAir Liquide expands electronics business with €2bn pipelineMorningstar Predicts Likeliest Iran OutcomeKampong Chhnang National Solar Park Sets Benchmark For Cambodia’s Clean Energy TransitionGlobal Cleantech Expo-Odisha Highlights India’s Renewable Energy Growth and MSME-Led Clean Tech InnovationMitsui & Co., Ltd. Signs 18 MW Virtual PPA With NIKE Japan Group, LLC For Solar Energy SupplyVietnam Leads Global Solar PV Manufacturing Outside China—ReportBulgaria’s Lukoil Refinery Slashes Costs By $8 MillionOil Demand Slumped by 614,000 Bpd in December on U.S. DeclineERC Hosts EGATi Delegation to Strengthen Philippine-Thailand Energy CooperationSaudi Oil Catches Up as India Buyers Navigate Russia SanctionsVideo | Virginia Esly: gasworld’s Specialty Gas Summit 2026Air Liquide lifts margin above 20% in full-year 2025 resultsDeveloper secures funding for New South Wales biohubCenovus Energy Q4 Earnings Skyrocket on Record ProductionUS Distillate Fuel Demand Rose in Latest Week to Four-Year High Last Week, EIA SaysDenison granted licence for Wheeler RiverCopenhagen Atomics secures thorium supply from NorwayUrenco installs innovative heat network at Dutch siteIllinois governor aims to speed up nuclear new-buildTerraPower’s Natrium reactor enters UK GDA processPrivate Equity Targets Clean Energy After Steep Drop-Off in 2025Trump-Backed Gas Project Has Competitors Rattled Over RisksEQT Expects $1 Billion Windfall on Storm-Driven Gas Price RallyTrump Admin Threatens To Withdraw From IEA Over Net Zero AgendaHungary Weighs Cutting Power and Gas Shipments to Ukraine
Tue. Feb 24th, 2026

KEEP IT DOWN! Trump Tells Everyone to Keep Oil Prices Down After Iran Attacks

Trump followed up with another post addressed to the U.S. Department of Energy, encouraging it to “drill, baby, drill” and saying, “I mean now.”

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U.S. Energy Secretary Chris Wright responded, “We’re on it!” in a post on X.

It was not immediately clear what the energy department could do to boost oil and gas drilling, which hit record highs during the previous administration of former President Joe Biden and which Trump wants to take even higher. The Energy Department did not immediately respond to a question on Wright’s comment.

Global benchmark Brent oil prices oscillated on Monday, touching a five-month high before falling more than 1% to $76.10 a barrel as oil and gas transit continued on tankers from the Middle East after U.S. air strikes against Iran over the weekend.

The United States could tap the Strategic Petroleum Reserve, the world’s largest emergency crude oil stash, in the case of severe interruptions. But the Trump administration has criticized Biden’s use of the SPR after Russia invaded Ukraine in 2022.

(Reporting by Katharine Jackson, Timothy Gardner and Ryan Patrick Jones, editing by Deepa Babington)

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