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US President Trump stated that he does not need congressional authorization to take military action against Iran, citing a ceasefire agreement. In a letter to Congress, Trump wrote: "There has been no exchange of fire between the US military and Iran

2026-05-02

US President Trump stated that he does not need congressional authorization to take military action against Iran, citing a ceasefire agreement. In a letter to Congress, Trump wrote: "There has been no exchange of fire between the US military and Iran since April 7, 2026. The hostilities that began on February 28, 2026, have ended."

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2026-05-01

ExxonMobil and Chevron resisted White House calls to boost output despite a worsening energy crisis. Exxon CFO Neil Hansen and Chevron finance chief Eimear Bonner said neither company would alter Permian Basin or broader strategies. The Iran war has

ExxonMobil and Chevron resisted White House calls to boost output despite a worsening energy crisis. Exxon CFO Neil Hansen and Chevron finance chief Eimear Bonner said neither company would alter Permian Basin or broader strategies. The Iran war has cut Gulf production and disrupted refining, driving oil to $126 a barrel and US petrol above $4 a gallon. Despite government reserve releases and calls for more drilling, both firms remain focused on existing plans and cash flow over production growth.
2026-05-01

BYD SAYS OVERSEAS SALES IN APRIL HIT RECORD HIGH OF 130,000 UNITS

BYD SAYS OVERSEAS SALES IN APRIL HIT RECORD HIGH OF 130,000 UNITS
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