President-elect Donald Trump has issued a stark ultimatum to the European Union: increase purchases of American oil and gas or face tariffs. Trump’s demand aims to address the trade deficit between the US and EU, which reached $131.3 billion in 2022. While the EU has already significantly increased its imports of US hydrocarbons in recent years, ramping up purchases to the level Trump suggests faces numerous practical constraints.

News
Iran Rejects Talks as Gold and Silver Extend Slide
Iran says there will be no negotiations — and is now charging Yuan tolls on Strait of Hormuz oil shipments. Here’s why the ceasefire collapse and de-dollarization move matter for gold and silver investors.




