Washington, June 23 (IANS) The Donald Trump administration on Tuesday unveiled a USD 17.5 billion financing programme aimed at rebuilding the US nuclear supply chain and accelerating construction of 10 new large-scale nuclear reactors, marking one of the most ambitious efforts in decades to revive America’s commercial nuclear industry.The US Department of Energy (DOE) announced a conditional loan commitment to support the procurement of long-lead components needed for 10 new reactors based on We…
Latest Chris Wright News & Updates
Washington, June 21, (IANS) A sharp political battle over US President Donald Trump’s Iran agreement intensified on Sunday, with former National Security Adviser Susan Rice calling the framework a “jaw-dropping, horrific surrender” while the administration argued it had forced Tehran into negotiations from a position of weakness.The exchange highlighted growing divisions in Washington over the President’s strategy towards Iran following months of military confrontation, disruptions in the Strait…
Washington, June 21 (IANS) US President Donald Trump warned Iran on Sunday that the United States could launch tougher military action if Tehran does not rein in allied groups in Lebanon, as administration officials argued that Iran had lost leverage ahead of a new round of negotiations in Switzerland.The warning came as Vice President JD Vance prepared for talks with Iranian officials in Switzerland aimed at advancing negotiations following months of military confrontation and disruption in the…
Washington, June 5 (IANS) US President Donald Trump has announced a sweeping package of measures aimed at expanding the coal industry, pledging federal support for coal plants, coal mines and export infrastructure while arguing that coal remains essential to America’s energy security and economic competitiveness.Speaking at the White House, Trump described the initiative as a major step towards lowering energy costs and strengthening the nation’s electricity grid.“Today, we’re taking historic …
Seoul, May 10 (IANS) South Korean Industry Minister Kim Jung-kwan met US Commerce Secretary Howard Lutnick and other senior American officials to discuss strategic investment projects and ways to enhance bilateral cooperation in energy, shipbuilding and other key sectors, the industry ministry said on Sunday.During a four-day visit to Washington, Kim met with Lutnick and explained South Korea’s progress in drafting follow-up regulations and establishing an implementation framework following the …
Washington, April 25 (IANS) Surging jet fuel prices linked to the Iran conflict are forcing US airlines to cut flights and raise fares, triggering a sharp exchange in Congress over energy policy and cuts to alternative fuel programmes.At a Senate hearing, Maria Cantwell pressed Energy Secretary Chris Wright on rising costs and the administration’s decision to scale back incentives for sustainable aviation fuel.“Front page of the Seattle Times this morning – flights canceled because of the …
Washington, April 20 (IANS) Global oil prices surged sharply on Monday after the United States seized an Iranian cargo ship, raising fears of escalation and clouding prospects of a peace deal between Washington and Tehran. Brent crude rose 6.3 per cent to $96 a barrel, while US benchmark WTI climbed 7 per cent to $88.3 a barrel, according to CNN live market data.The rally followed a weekend escalation in the Gulf of Oman, where US naval forces fired on and captured an Iranian-flagged vessel that…
Washington, April 16 (IANS) The United States expects the ongoing conflict involving Iran to ease within weeks, with the Energy Secretary expressing confidence that the economic impact, particularly on oil markets, will remain contained.Speaking at a Wall Street Journal policy discussion, US Energy Secretary Chris Wright said the situation would not trigger prolonged economic strain despite a temporary spike in fuel prices.“I think the conflict will be resolved in the next few weeks,” Wright…
Florida, April 11 (IANS) US Ambassador to India Sergio Gor on Saturday said that Washington and New Delhi will closely work together across key sectors, including trade, defence and energy. Taking to X following his meeting with Foreign Secretary Vikram Misri in Florida, Gor said, “It was a pleasure to host Vikram Misri tonight at Mar a Lago! From trade and defence to energy, India and the United States stand ready to work closely together in the months and years ahead.”India and the United Stat…
Washington, April 11 (IANS) India and the United States expanded cooperation on energy, critical technologies and defence during Foreign Secretary Vikram Misri’s meetings with senior US officials this week, signalling closer strategic alignment.On the final day of his hectic three-day engagements, energy cooperation featured prominently, with Misri meeting US Energy Secretary Chris Wright.The Indian Embassy in Washington said Misri “called on Energy Secretary Chris Wright. Discussions focuse…