💨 Abstract

Trump's inauguration led to a decline in oil prices as he promised to declare a national energy emergency, aiming to boost U.S. oil and gas production, lower consumer costs, and increase competitiveness. He also pledged to end a moratorium on LNG export licenses and focus on Alaska for LNG shipments. His trade policies were also discussed, with plans to impose tariffs and overhaul the trade system.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖