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Trump repeals 2023 memo barring Arctic oil drilling in some 16 million acres

INVESTING
January 21, 2025
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By Jarrett Renshaw

(Reuters) – President Donald Trump signed an executive order on Monday repealing a 2023 memo from former President Joe Biden that barred oil drilling in some 16 million acres in the Arctic, the White House announced.

Trump repealed dozens of actions taken by Biden, including the oil drilling ban, in his first day in office.

This post is originally published on INVESTING.

INVESTING
January 27, 2025
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Oil falls after Trump reverses Colombia sanctions threat

By Anna Hirtenstein LONDON (Reuters) -Oil prices wavered on Monday after the U.S. and Colombia reached a deal on deportations, reducing immediate concern over oil supply disruptions but keeping traders…

INVESTING
January 27, 2025
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Dollar gains on tariffs fears; euro looks to ECB meeting

Investing.com – The US dollar slipped lower Monday, rebounding after recent losses as attention returned to the potential for trade tariffs from the Trump administration at the start of a…