In January, the U.S. began a blockade of oil tankers to Cuba, exacerbating an ongoing energy crisis. Roxanna Vigil, international affairs fellow in national security at the Council on Foreign Relations, joins with analysis. Source link
NEWYou can now listen to Fox News articles! Senate Republicans moved one step closer to clearing out the backlog of President Donald Trump’s nominees. The GOP confirmed 49 of Trump’s picks on Monday, a move that will have installed 60% of his civilian nominees. It’s also the fourth time Republicans have confirmed a slate of … Read more
NextEra Energy said Monday it will acquire Dominion Energy in an all-stock deal valued at about $67 billion, combining two major utilities as electricity demand surges from AI and data center growth. The combined company will serve around 10 million utility customers across Florida, Virginia, North Carolina and South Carolina, according to a statement from NextEra … Read more
CIA Director John Ratcliffe traveled to Havana, Cuba, on Thursday for a rare meeting with senior Cuban officials, an agency official told CBS News, using the visit to deliver a message that the U.S. was prepared to expand economic and security engagement with Cuba if Havana “makes fundamental changes.” The meeting came as Cuba is contending with … Read more
Inflation is now at its highest level in nearly three years, in large part due to skyrocketing energy costs from the Iran war. Arjun Murti, partner at the energy sector firm Veriten and author of the energy-focused Substack newsletter “Super-Spiked,” joins with analysis. Source link
The global oil supply shock stemming from the Iran war is scorching U.S. motorists and other consumers, new federal data makes clear. Higher energy prices accounted for 40% of the total jump in inflation in April, when the Consumer Price Index surged at an annual rate of 3.8% — the fastest increase in nearly three years. … Read more
President Trump last week announced an operation to guide ships through the Strait of Hormuz amid the Iranian blockade, and then two days later, he announced it would be paused. Energy Secretary Chris Wright told “Face the Nation with Margaret Brennan” that the U.S. military is currently clearing the Strait of Hormuz now after pausing … Read more
The following is the transcript of the interview with Energy Secretary Chris Wright that aired on “Face the Nation with Margaret Brennan” on May 10, 2026. MARGARET BRENNAN: We’re now joined by U.S. Secretary of Energy, Chris Wright, good to have you here. SEC. CHRIS WRIGHT: Great to be here. Happy Mother’s Day. MARGARET BRENNAN: … Read more
IE 11 is not supported. For an optimal experience visit our site on another browser. Cory Booker calls Supreme Court ‘profoundly hypocritical’ after voting rights ruling: Full interview 11:30 Now Playing Energy Sec. Wright says ‘we’re open to all ideas’ amid calls to suspend gas tax: Full interview 11:35 UP NEXT Govs. Wes Moore, Sarah … Read more
Energy Secretary Chris Wright told NBC News’ “Meet the Press” on Sunday that the Trump administration is “open to all ideas” to lower the cost of gas, including suspending the federal gas tax. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Gas prices have been soaring, hitting a … Read more