Free Republic

President Donald Trump announced Monday that the war in Iran would be over “very soon,” and that oil tankers would be given special U.S. Navy escorts to navigate between the Persian Gulf and global oceans. With gasoline prices and energy inflation already ticking up around the world, the speedy resumption of global petroleum trade has become a matter of urgency for the global economy, according to the world’s largest oil and gas company.The widening conflict in the Middle East has all but immobilized the fossil fuel trade stemming from the region over the past 10 days. Attacks targeting vessels and...

Boeing’s Air Force One project has fallen years behind schedule and billions of dollars over budget amid continued labor and design hiccups. The Government Accountability Office said in a report this week that “ongoing design issues, modification rework, and workforce challenges” are still plaguing the manufacturer. The Trump administration has resorted to procuring a $400 million jet from Qatar to serve as the interim Air Force One. Boeing is continuing to battle production issues plaguing the jets that will serve as Air Force One, according to the Government Accountability Office (GAO). The Pentagon told the congressional auditors that “ongoing design...