Browsing Tag

Gamble

Somalia’s Offshore Oil Plans Need Independent Environmental Impact Review

By Ali Mohamed AliWednesday April 1, 2026 Illustrative photo  Somalia’s push to open its offshore waters to Turkish Petroleum Corporation (TPAO) could come at a steep environmental cost unless the country insists on a rigorous Environmental and Social Impact Assessment (ESIA) carried out by an independent, technically qualified firm. Context: Planned Drilling by TPAO Somalia has already awarded TPAO exclusive rights to multiple offshore and onshore oil and gas blocks after the company completed extensive 2D and 3D seismic…

Operation Epic Fury Becomes a High-Risk Gamble for Trump Administration

President Donald Trump’s Operation Epic Fury is colliding with a familiar political truth: foreign policy gambits rarely escape the gravity of domestic economics. As U.S. strikes in Iran disrupt the Strait of Hormuz and send oil markets lurching, the administration’s “America First” doctrine faces a stark test — can voters be persuaded that national security is worth higher gas prices in an election year? The White House is sharpening its case. Stephen Miller, the deputy chief of staff, recast the slogan on Fox News this…