business / news / / Reuters
The talks focused on U.S. oil production, oil futures, shipping and natural gas, the official said.
The Trump administration granted a 90-day Jones Act waiver to allow foreign-flagged ships to transport commodities between U.S. ports.
KEY POINTS
- Trump invoked the Defense Production Act, authorizing Pentagon and DOE actions to expand domestic energy supply.
- The U.S. agreed to loan 172 million barrels from the Strategic Petroleum Reserve under an IEA-coordinated release.
- The administration is considering relaxing refinery pollution regulations to lower fuel prices further.
COMPANIES
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