
Oil Heads for 5% Weekly Slump With Russian Supplies in Focus
West Texas Intermediate traded below $64 a barrel, more than 5% lower this week, while Brent closed at near $66. US benchmark prices have declined for the past six days, capping the worst run since 2023. US President Donald Trump — who'd set a deadline for Friday for Moscow to agree a truce — said he'd be willing to meet with Vladimir Putin, even if the Russian leader hadn't agreed to also sit down with Ukrainian President Volodymyr Zelenskiy.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
12 minutes ago
- Yahoo
Trump Hides Obama, Bush Portraits in Obscure White House Stairwell
Apparently Donald Trump doesn't want the public to see reminders of his immediate predecessors when they visit the White House. Portraits of former presidents Barack Obama, George W. Bush, and George H.W. Bush have been relocated from prominent public display to the top of a staircase that few people can access, CNN reported. According to two CNN sources familiar with the matter, Trump ordered staff to put Obama's portrait at the top of the Grand Staircase that leads to the White House residence, an area only a few White House staff and Secret Service agents can access. One of those sources also said that both Bush portraits now reside in the same staircase. This counters decades of precedent and White House protocol that historically has placed recent former presidents' portraits in places of prominence visible to guests and visitors. This is the second time Trump has relocated Obama's portrait. The first time, he moved it from one side of the White House Grand Foyer to another. In its place, Trump put a painting of himself raising his fist after the assassination attempt in Butler, Penn. The moving of the portraits may reflect Trump's anger with Obama and the Bushes. George W. Bush reportedly commented on Trump's 2017 inauguration, saying, 'That was some weird shit.' He also appeared alongside Obama in a video addressing USAID staffers and thanking them for their work after the Trump administration shut it down. His father, the now deceased George H.W. Bush, called Trump a 'blowhard' and said he voted for Hillary Clinton in 2016. Obama has been openly critical of Trump in his first and second terms. In April, Obama called Trump out for his attacks on universities and law firms as well as his withdrawal from a 'rules-based system' of alliances and global trade. In addition to obliterating norms and blowing up international relations, Trump has undertaken several changes in the White House décor since returning to power. He paved over the historic Rose Garden's grassy lawn with concrete and plans to build a $200 million ballroom that will resemble the style of his Mar-a-Lago resort. He has transformed the Oval Office, covering it in tacky gold leaf accents to match the president's gaudy taste. In June, Trump removed a bust of civil rights leader Martin Luther King, Jr., from the Oval Office. He also removed a pot of Swedish ivy that had been in the room for 50 years. He tripled how many paintings were displayed on the office's walls while adding gilded accents, golden eagle statues, and even cherub figurines from Mar-a-Lago, where Trump spends most of his weekends. More from Rolling Stone Vance Tries to Convince Americans That Trump Wants 'Full Transparency' in Epstein Case Pritzker: Trump Is 'Cheating Americans Out of Their Votes' With Gerrymandering Plans Trump Declares War on Unhoused D.C. Residents: 'No MR. NICE GUY' Best of Rolling Stone The Useful Idiots New Guide to the Most Stoned Moments of the 2020 Presidential Campaign Anatomy of a Fake News Scandal The Radical Crusade of Mike Pence
Yahoo
12 minutes ago
- Yahoo
Trump got into a shouting match with Netanyahu after Israeli PM denied pictures of starving Gazans were real: report
President Donald Trump got into a shouting match with Benjamin Netanyahu after the Israeli prime minister denied that images of starving children in Gaza were real, according to NBC News. Israel is building up troops as it prepares to possibly take full control of the Gaza Strip. The private phone conversation that devolved into the two leaders shouting at each other reportedly took place on July 28. The tense discussion came amid U.S. concerns about the Gaza Humanitarian Foundation, a relief effort backed by the U.S. and Israel, several officials told the network. On July 27, Netanyahu took part in an event in Jerusalem, claiming that 'There is no policy of starvation in Gaza. And there is no starvation in Gaza.' The following day, during his recent trip to Scotland, Trump pushed back, saying that he had seen pictures of children in Gaza who 'look very hungry,' adding that the area is suffering from 'real starvation' and 'you can't fake that.' This prompted Netanyahu to demand a call with the president, and they were connected hours later, according to NBC News. Netanyahu claimed during the call that there was no starvation in Gaza, arguing that Hamas had fabricated it. Trump interrupted and started shouting, saying that he didn't want to hear the assertion that the starvation was fake, adding that his staff had shown him evidence that children are starving. The prime minister's office was quick to deny the claim that a shouting match had taken place. 'The report alleging that a shouting match occurred between Prime Minister Netanyahu and President Trump is total fake news,' his office said in a statement on Friday. 'We do not comment on the President's private conversations. President Trump is focused on returning all the hostages and getting the people in Gaza fed,' a White House spokesperson told NBC News. A former U.S. official briefed on the call told the network that the call was 'direct, mostly one-way conversation about the status of humanitarian aid.' Trump 'was doing most of the talking.' 'The U.S. not only feels like the situation is dire, but they own it because of GHF,' the ex-official added in reference to the Gaza Humanitarian Fund. The phone call led to special envoy Steve Witkoff travelling to the region to find a unified way forward. The humanitarian fund has been operating in Gaza since May in designated distribution sites, some distance away from many Gazans in need of food. Large crowds have congregated near these sites, and Israeli troops have at times fired upon them. As of late last month, more than 1,000 Palestinians have been killed while trying to get food, the United Nations Office for the Coordination of Humanitarian Affairs has stated. The U.N. has boycotted the GHF and has operated its own network of aid distributors in the Gaza Strip. Witkoss asked the Israelis if the relief efforts currently in place are sufficient or if they need to expand, according to NBC News. Trump was asked Tuesday if he would back Israel occupying Gaza, to which the president said he was focused on getting food to people in the area. About the possible military occupation, he said, 'I really can't say. That's going to be pretty much up to Israel.'

Yahoo
12 minutes ago
- Yahoo
Nvidia and AMD to pay 15% of China chip sale revenues to US government
Nvidia and AMD have agreed to give the US government 15 per cent of the revenues from chip sales in China, as part of an unusual Sign in to access your portfolio