Two announcements with implications for California’s oil industry whizzed past each other in recent weeks, revealing starkly conflicting visions for energy development. After a five-year hiatus on auctions for oil-drilling rights on federal land, Washington finalized a plan to allow them on more than 700,000 acres in 11 Central California counties. A more...
Trump Signals Restraint on Possible Military on Strike Iran
WASHINGTON — President Donald Trump signaled Friday that he's not inclined to authorize an immediate military strike on Iran in response to the attacks on the Saudi oil industry, saying he believes showing restraint "shows far more strength" and he wants to avoid an all-out war. Speaking in the Oval...
Iran Envoy: 'All-out War' to Result if Hit for Saudi Attack
DUBAI, United Arab Emirates — Any attack on Iran by the U.S. or Saudi Arabia will spark an "all-out war," Tehran's top diplomat warned Thursday, raising the stakes as Washington and Riyadh weigh a response to a drone-and-missile strike on the kingdom's oil industry that shook global energy markets. The...