Washington, April 8 (IANS) Oil prices dropped sharply after US President Donald Trump said he would pause planned military strikes on Iran for two weeks, easing fears of a wider conflict in the energy-rich Gulf region. US crude futures fell below $100 a barrel, reversing recent gains driven by weeks of tensions around the Strait of Hormuz, a key global oil transit route, The Wall Street Journal said on Tuesday (Local time).The decline followed Trump’s announcement that he would suspend attacks…
Latest The Hill News & Updates
Washington, Feb 20 (IANS) In a major setback to President Donald Trump’s economic agenda, the US Supreme Court on Friday struck down most of his sweeping tariffs, ruling that he lacked authority under a 1977 emergency law to impose broad import levies on America’s trading partners across the world, including India.The ruling marks a rare instance of the conservative-led court reining in Trump’s use of executive power. According to Politico, the court in a 6-3 decision struck down the tarif…
New Delhi, Feb 7 (IANS) Two US Democratic senators, Elizabeth Warren (from Massachusetts) and Andy Kim (from New Jersey), have reportedly urged the Department of Defense (DOD) to conduct a review of billionaire Elon Musk-led SpaceX.The senators alleged that Chinese investors have secretly acquired stakes in the aerospace maker, The Hill Reported. In a letter to Defense Secretary Pete Hegseth, the legislators raised concerns about SpaceX, a major contractor for the DOD. They also cited recently u…