US President Donald Trump said he is "strongly considering" supporting a proposed sanctions bill that would impose a 500 per cent tariff on countries like India and China that continue purchasing Russian energy products.

U.S. President Donald Trump's signature budget bill slashed funding for refilling U.S. emergency oil reserves, violating his previous vow to fill them "right to the top". This about-face raises the question of whether the U.

US regulatory actions to ensure oil and gas pipeline safety have plummeted to a record low for the start of a presidential administration as Donald Trump pushes to streamline the government and cut red tape.

Oil prices rose on Friday, following US President Donald Trump’s announcement of an upcoming statement concerning Russia, which hinted at potential additional sanctions on the significant oil-producing nation.

Brazil has logistical and commercial flexibility to preserve the competitiveness of its oil on the international market if the 50% tariff announced by U.S. President Donald Trump on Wednesday comes into effect on August 1,

Kerrville residents react to President Trump’s visit after the devastating floods, saying his presence brought comfort, unity and hope to their grieving Texas town.