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Trump's Love for American Oil and the Fuel of Disruption

The New Indian Express Vishakapatnam

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March 06, 2025

He who cannot change the very fabric of his thought will never be able to change reality.

- RANJAN TANDON

—Anwar Sadat, Former President of Egypt and Nobel Peace Prize winner

Energy is back on center stage as Republicans trump the race to the White House. To re-assert America's dominance on the oil frontier, the president has tacitly challenged OPEC's prerogative as he seeks to ramp up production. Oil has orchestrated political symphonies for a very long time and still does.

The oil embargo of 1973 made the US privy to their energy vulnerability due to reliance on imported oil. The need to break up OPEC or neutralize its clout over oil markets was an 'option' way back in January 1974 when James Schlesinger, US Secretary of Defence, conveyed hints of 'military intervention as a last resort'. A year later, in January 1975, in a press interview, Henry Kissinger, Secretary of State under President Gerald Ford, repeated the hint at 'using force' to disrupt 'order' in the Persian Gulf. Arab leaders threatened to blow up the oil fields in such an eventuality. Fortunately, neither of the delinquencies occurred.

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The New Indian Express Vishakapatnam

The New Indian Express Vishakapatnam

Where have all the ants gone from our urban landscapes?

HOW many of us really remember the childhood story of 'The Ant and The Grasshopper'! It did not just teach us life lessons on hard work and resource conservation for tough times but opened our eyes to the significance of ants in our ecosystem. Once a crucial part of our lives, ants are all but gone.

time to read

3 mins

November 01, 2025

The New Indian Express Vishakapatnam

NO ONE LEFT BEHIND

Kerala is to be declared as the first extreme poverty free state in the country by November 1st. The achievement is the result of a well-planned research and survey, meticulous implementation, community participation and coordinated efforts of various departments. Kerala's Chief Minister Pinarayi Vijayan speaks about the journey so far.

time to read

6 mins

November 01, 2025

The New Indian Express Vishakapatnam

Let them (chief secys) come: SC in stray dogs case

THE Supreme Court on Friday ruled that chief secretaries must appear in person before the court on November 3 in connection with the stray dogs menace case.

time to read

2 mins

November 01, 2025

The New Indian Express Vishakapatnam

No summoning of lawyers over advice to clients barring special cases: SC

THE Supreme Court on Friday ruled that investigating officers cannot issue summons to lawyers appearing for the accused unless the matter is covered under any of the exceptions under Section 132 of the Bharatiya Sakshya Adhiniyam (BSA).

time to read

1 mins

November 01, 2025

The New Indian Express Vishakapatnam

June next yr timeline set for Maha farm loan waiver: CM

CM Devendra Fadnavis on Friday announced that the state government will complete the farm loan waiver process by the end of June next year. Fadnavis, who had earlier opposed the idea of a waiver, said the decision was made to ensure meaningful relief for farmers. “The farm loan waiver should be done properly so that it helps farmers in a real sense,” he said.

time to read

1 min

November 01, 2025

The New Indian Express Vishakapatnam

No salary & food, 48 workers stuck in Tunisia for 6 months seek govt help

FORTY-EIGHT workers from Jharkhand’s Giridih, Bokaro and Hazaribagh districts have been stranded in the African country of Tunisia for the past several months.

time to read

1 min

November 01, 2025

The New Indian Express Vishakapatnam

The New Indian Express Vishakapatnam

City Union Bank receives $50 million from IFC to support MSME solutions

CITY Union Bank on Friday announced that it has secured $50 million commitment from International Finance Corporation (IFC), a member of World Bank Group.

time to read

1 min

November 01, 2025

The New Indian Express Vishakapatnam

THE 65-YEAR-OLD WHO RECLAIMED HIS LIFE WITH GOVERNMENT AID

The life of Unnikrishnan, a 65-year-old from Thirunavaya, Malappuram in Kerala is nothing short of a family drama movie. One day, he was an expatriate; from there, he fell into neck deep destitution.

time to read

2 mins

November 01, 2025

The New Indian Express Vishakapatnam

BoB profit slips to ₹4,809 cr despite better asset quality

THE country's second-largest public sector lender Bank of India on Friday reported an 8.2% year-on-year drop in net income at ₹4,809 crore, despite improved asset quality and the resultant sharp 47% drop in provisions, along with stable net interest margin in the September quarter.

time to read

1 min

November 01, 2025

The New Indian Express Vishakapatnam

Fiscal deficit widens 21% to ₹5.7L cr in H1

THE Centre's fiscal deficit widened 21% year-on-year in the first six months of the current financial year to ₹5.7 lakh crore as the government accelerated capital expenditure amid muted tax revenue growth.

time to read

1 min

November 01, 2025

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