Lisa Friedman

The forthcoming order echoes President Trump’s decision to repeal executive orders that have protected other public lands from vehicles for decades.

WASHINGTON — The Trump administration is preparing to allow off-road vehicles on millions of acres of national forest land, according to a draft order prepared for Brooke Rollins, the agriculture secretary.

An auction to drill in the Arctic National Wildlife Refuge ended with just 10 percent of the available land claimed for oil development.

WASHINGTON -- An auction of oil leases in Alaska's Arctic National Wildlife Refuge ended Friday with just nine bids covering only about 10% of the available land, undercutting President Donald Trump's claims that drilling in the pristine wilderness area would set off an economic boom.

The cartel of influential oil-producing nations known as OPEC+ on June 7 agreed to increase production by 188,000 barrels a day in July as the US

China is the world’s largest purchaser of oil. But three months after the war with Iran began, it cut its imports, cushioning the global market.

After the war in Iran cut off a fifth of the world’s oil supply, oil prices jumped, at one point reaching nearly $120 a barrel. But they didn’t spike higher, even though some analysts warned ominously of $200 oil, and prices have since come down.

With an initial agreement signed by both sides, oil could soon flow again through the Strait of Hormuz. But prospects for a long-term deal remained murky as talks on tougher issues loomed.

Analysts and pundits said the agreement accomplishes none of Israel’s war aims and leaves the country in worse shape on each of them.

More oil is getting out of the Persian Gulf, but the region’s producers are looking for signs that it is safe as they ramp up plans for alternative routes.