Trump is trying to kill a carbon tax on global shipping. He may not succeed.
The U.S. has threatened countries supporting the tax with visa restrictions, tariffs, and port fees. A slim majority of nations still back it.
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The White House declared last week that President Trump finally "broke OPEC" after the United Arab Emirates withdrew from the cartel.
Trump’s tariff mess offers a chance to restore legislative oversight.
When U.S. President Donald Trump announced that the United States was at war with Iran, he called on the country’s people to rise in revolt. “When we are finished, take over your government,” Trump said on February 28.
In March 2012, Israeli Prime Minister Benjamin Netanyahu arrived in Washington to press a US president on slowing Iran’s nuclear ambitions. Inside the White House, the dilemma was stark.
Within days of the initial U.S. and Israeli attack on Iran on February 28, 2026, the world was plunged into an energy crisis.
Energy has reemerged this year as a central force shaping our world—both a geopolitical weapon and an economic fault line.
When the Iran War disrupted shipping through the Strait of Hormuz and tightened global gas balances, a familiar assumption quickly resurfaced: Russia, possessing the largest proven natural gas reserves in the world, would inevitably emerge as one of the principal beneficiaries.