In a recent social media posting, former Utah congressman and current Fox News contributor Jason Chaffetz also gave Trump credit for price declines. In a selfie shot posted on X with a gas pump price visible in the background, Chaffetz wrote, “Trump did this. Fillmore, Utah. Today $2.15 for a gallon of regular gasoline. Keep on and Fillmore.”

Venezuela is likely to retain its seat in OPEC even if U.S. President Donald Trump successfully forces a change of government in the oil-rich country, as the U.S. is seeking to bolster its alliance with the cartel even as it expands its own sphere of influence.

OPEC on Monday cut its oil demand growth forecast for 2025 and 2026 as President Donald Trump's tariffs weigh on global economic growth. The cartel now sees demand for crude growing by 1.3 million barrels per day this year and next year, down about 150,000 ...

President Donald Trump ordered a blockade of sanctioned oil tankers going into and leaving Venezuela, ratcheting up pressure on Caracas as the US builds up its military presence in the region. “Venezuela is completely surrounded by the largest Armada ever assembled in the History of South America,