US News

Summary Exxon is latest high-profile company moving to Texas for business-friendly environment New Jersey sued Exxon and others over climate change; suit dismissed Incorporation in Texas may aid ​Exxon in policy matters, says law professor (Reuters) – Exxon Mobil  ‌is seeking to abandon its corporate registration in New Jersey and redomicile in Texas where its headquarters is located, the U.S. …

Exxon Looks to Ditch New Jersey Incorporation for Texas Homecoming Read More »

By Liz Hampton PLATTEVILLE, Colorado, March 9 (Reuters) – The U.S. is considering coordinating ​sales of oil from the U.S. Strategic Petroleum Reserve with ‌releases from other countries as prices soar during the war on Iran, Energy Secretary Chris Wright said on Monday. Wright also said the U.S. has “some other options” on allowing ​more …

US Considering Selling Oil From Strategic Reserve, US Energy Chief Says Read More »

(Reuters) – Investors are now seriously considering the possibility that war in the Middle East could create a stagflationary shock, just as it did 50 years ago, when disruption to global energy supplies sent inflation surging, and battered growth “The risk of a 1970s scenario is rising,” said Kaspar Hense, portfolio manager at RBC BlueBay …

Back to the 1970s? Investors Brace for a Return of Stagflation Read More »

(Reuters) – U.S. President Donald Trump is expected to review as early as Monday a set of options to tame oil prices, which have soared to the highest level since 2022 because of the expanding U.S.-Israel war with Iran. It is uncertain how much of an impact U.S. policy changes could have on oil prices, …

How Might Trump Combat the Spike in Oil Prices? Read More »

(Reuters) – U.S. President Donald Trump is expected to review as early as Monday a set of options to tame oil prices, which have spiked to more than $100 a barrel due to the Iran war, according to two people familiar with the matter. The effort reflects White House worries that the surge in oil …

Trump Reviews Options to Curb Energy Prices as Iran Strikes Roil Markets Read More »