Donald Trump's rogue nation
The US has joined Syria and Nicaragua in rejecting the Paris climate agreement
On international efforts to deal with climate change, the US has long been a feckless partner, its position flipping with the political winds. George W Bush flouted international consensus in rejecting the 1997 Kyoto climate accord when he took office, arguing that the deal would hamstring America's economy. Barack Obama lobbied hard to pull the community of nations together for the Paris agreement. Now, reversing course again, President Donald Trump is pulling the US out of the deal, joining Syria and Nicaragua on the sidelines. Trump's 1 June Rose Garden speech laying out his argument for leaving Paris shed little light on his reasons for the decisions. It was at certain points muddled and
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The US president has repeatedly promised to lower gasoline prices, but this ambition conflicts with his parallel aim to increase drilling and could be upended by his war against Iran
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With the Strait of Hormuz effectively closed following US-Israel strikes and Iran’s retaliatory escalation, Fujairah has become the region’s critical pressure release valve—and is now under serious threat
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The killing of Iran’s Supreme Leader Ayatollah Khamenei in US–Israeli strikes marks the most serious escalation in the region in decades and a bigger potential threat to the oil market than the start of the Russia-Ukraine crisis
