President Donald Trump has ordered the Department of Justice to suspend enforcement of the Foreign Corrupt Practices Act, stating it hinders American businesses abroad. The move aims to boost competitiveness and national security, despite concerns over potential misconduct. The decision could impact ongoing investigations and cases related to bribery and corruption.
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Top shale boss says US oil companies will not flock back to Russia
US oil producers, including Continental Resources' Harold Hamm, are hesitant to invest in Russia despite talks of a peace deal, citing past losses and geopolitical risks. ExxonMobil and Chevron have previously scaled back operations in Russia due to sanctions, with analysts cautioning against hasty returns. Hamm supports Trump's tough stance on sanctions and tariffs, emphasizing US LNG exports for European energy security and praising the president's accomplishments in his first term. Full Article
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