US President Donald Trump
Just 100 days into US President Donald Trump's second term, oil prices have slumped over 20% to below many US producers' break-even costs as investors lose confidence amid tariffs and policy uncertainty, undercutting Trump's push for US energy dominance.
Trump campaigned on the often repeated refrain of "drill, baby drill", and moved on his first day in office on January 20 to maximize outputs in the US, the world's top oil and gas producer.
His protectionist trade policy, however, has reduced oil demand growth forecasts, and lower international energy prices have soured the outlook for the industry.
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