US President Donald Trump on Thursday signed a presidential permit authorizing the Bridger Pipeline expansion project meant to carry Canadian crude to Wyoming — the latest in years of back-and-forth over oil pipelines linking the countries.
Brent oil rallied to a wartime high after Axios reported that US President Donald Trump is set to receive a briefing on new military options for action in Iran, signaling the potential for fresh escalation in the Middle East.
China’s largest oil and gas company said it would make “every effort” to ensure there are no domestic shortages as Beijing tries to buffer its economy from energy shocks caused by the Iran war.
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