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Oil, Gas, or Tariffs: Trump’s High-Stakes Game with European Allies

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.

Original Source: Bloomberg

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Gold vs. Stocks in 2026: What Q1 Returns Show

The first quarter of 2026 ended with an unusually clear message: energy prices are surging, equities are suffering, and gold is holding its ground. A look at cross-asset returns shows where the conflict premium is showing up — and where it isn’t.

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