iNews

3 MINS AGO: Trump FURIOUS as Canada & Qatar Kick the US Out of the Oil Industry Over Trump Tariffs

Thumbnail

**Breaking News: Trump FURIOUS as Canada & Qatar Kick the US Out of the Oil Industry Over Trump Tariffs**

In a stunning geopolitical upheaval, President Donald Trump’s recent imposition of a 10% tariff on Canadian energy has sparked a seismic shift in the global oil landscape, leaving the United States scrambling to maintain its energy dominance. Just moments ago, Canada and Qatar announced they are redirecting their energy exports away from the US, creating a new energy alliance with Europe that could redefine the market.

The announcement comes as Canada, which previously supplied nearly half of US crude oil imports, is now pivoting its strategy to fill the void left by Russian energy sanctions. With the US consuming 90% of Canadian oil exports, Ottawa is racing to expedite its LNG Canada project, redirecting shipments to Europe instead of Texas and Louisiana. This shift is expected to exacerbate domestic energy prices in the US, with gasoline costs already surging by up to 40 cents a gallon in the wake of the tariff.

Simultaneously, Qatar is seizing the moment, ramping up its liquefied natural gas (LNG) capacity from 77 million tons to 142 million tons by 2030. Doha has secured long-term contracts with European nations, propelling it to the forefront of the energy market and establishing a formidable partnership with the EU to replace Russian gas supplies.

The implications are staggering. As Canada and Qatar bolster their energy ties with Europe, the US finds itself increasingly isolated, grappling with rising domestic gas prices and a potential energy crisis. Trump’s tariffs, designed to protect American interests, have backfired spectacularly, as allies turn into competitors.

With the global energy map rapidly changing, the question looms: will Washington adapt its strategy to reclaim its position, or will it continue down a path of isolation? As the situation unfolds, American consumers and industries brace for a tumultuous energy future. Stay tuned for updates as this story develops.

Related Posts

CONFIRMADO: A LOS 44 AÑOS EL ACTOR MEXICANO WILLIAM LEVY…

CONFIRMADO: A LOS 44 AÑOS, EL ACTOR MEXICANO WILLIAM LEVY ENFRENTA UNA CRISIS DE SALUD DEVASTADORA En una impactante revelación que ha dejado a América Latina en estado…

IMPÉRIO – CLÁUDIO LEVA UMA FACADA BRUTAL AO SALVAR ENRICO E FICA ENTRE A VIDA E A MORTE

**IMPÉRIO: CLÁUDIO LEVA FACADA BRUTAL AO SALVAR ENRICO E FICA ENTRE A VIDA E A MORTE** Um ato de heroísmo se transformou em tragédia na novela “Império”. Cláudio…

Los Angeles Lakers MIGHT HAVE SOMETHING SPECIAL With Bronny…

In a stunning display of talent, Bronny James, the son of NBA superstar LeBron James, has emerged as a beacon of hope for the struggling Los Angeles Lakers….

Antes de morir, Rocío Dúrcal REVELÓ a los siete artistas que más odiaba y no fue nada bonito

Rocío Dúrcal, la icónica voz de la música ranchera, ha dejado un legado marcado por la grandeza y las sombras de la industria del espectáculo. En sus últimos…

Russia Sends The US a STERN Warning. An Attack on Iran Would Lead to DRASTIC Consequences.

**Breaking News: Russia Issues Stark Warning to the U.S. Over Iran Attacks** In an alarming escalation of tensions, Russia has issued a stern warning to the United States,…

Michelle Obama Breaks Her Silence! The Shocking Truth Behind the Divorce Rumors Revealed!

In a stunning revelation that has sent shockwaves through the media, Michelle Obama has finally addressed the swirling divorce rumors surrounding her marriage to Barack Obama. During a…