Trump announced a refinery project involving Reliance Industries in Texas. However, project documents indicate the investment is far smaller, with Reliance acting as a long term buyer while the $300 billion figure reflects projected economic impact.
An official statement released on Sunday (8th March) read, "By a decisive vote, the Assembly of Experts appointed Ayatollah Seyyed Mojtaba Hosseini Khamenei as the third Leader of the sacred system of the Islamic Republic of Iran."
A sovereign nation’s policy works on sovereign interests. Sanctions or tariffs are just geopolitical hiccups that need occasional recalibration and working through. Be it crude oil, Liquefied Natural Gas (LNG), rare earths or any other commodity, the current global order is an intricate mesh of supply chains and logistical mechanics.
A New York trade court has ordered the federal government to refund billions in tariffs after the Supreme Court ruled President Trump’s use of emergency powers unconstitutional.
In a statement, the EU Commission said it stands in full solidarity with all EU member states and will protect the interests of the European Union if needed.
After Anthropic refused Pentagon demands for unrestricted AI access, the Trump administration ordered all federal agencies to stop using its technology and labelled the company a supply chain risk, threatening partnerships across the defence ecosystem.