The North American oil and gas market faces a decision as Canada’s largest oil producer warns of diversifying exports away from the U.S. if President Trump’s tariff threats persist, presenting two potential futures at the CERAWeek conference. Alberta aims to support Trump’s “energy dominance” agenda by increasing exports to the U.S., but is also exploring alternative markets in South Korea, Japan, and Europe due to trade uncertainties. The province seeks to secure new partnerships to ensure continued oil and gas exports beyond the U.S. market.
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Syria says Israel takes some territory around Mount Hermon despite talks
Syria accused Israel of sending 60 soldiers to Mount Hermon, claiming the operation violated its sovereignty and threatened regional security, amidst ongoing U.S.-mediated talks for de-escalation. The incident, which included the arrest of six Syrians, occurred near a strategic area known for arms smuggling by Hezbollah and was described by Syria as a dangerous escalation against peace. Want More Context? 🔎
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