Trump's energy revolution: U.S. boosts oil production
"I am declaring a national emergency in the energy sector. We will drill," announced the new U.S. President, Donald Trump. "America will become a manufacturing country once more," he added.
"We have the largest reserves of oil and gas in the world. We will utilise them. Prices will fall. We will fill our strategic reserves to capacity. And we will export our energy globally," announced Donald Trump during his first address after being sworn in.
Trump announces increased oil production
We will become a wealthy country once more. This 'liquid gold' will aid us in this endeavour. We will put an end to the New Green Deal," added the politician.
It is also expected that the U.S. will once again withdraw from the Paris Climate Agreement.
Global markets react to Trump's inauguration
Global financial markets responded positively to the anticipated inauguration of Donald Trump as the President of the United States. The major stock indices in Asia and Europe experienced gains, while the U.S. dollar weakened against all major currencies, indicating a significant shift in investor sentiment.
