Senate Minority Leader Chuck Schumer (D-N.Y.) on Sunday called on President Trump to release oil from the national stockpile to counter soaring gas prices — an idea that Republicans have been slow to embrace.
Why it matters: Tapping the Strategic Petroleum Reserve (SPR) could deprive Republicans of a talking point: That then-President Biden's move to do so in 2022 was done for purely political reasons.
The Trump administration's top energy official argued Sunday that fear — not supply shortages — is driving a historic surge in oil prices.
The big picture: The world is well-supplied with oil, but markets are reacting to real-world disruptions — a strangled Strait of Hormuz, halted production and strikes on fuel storage.
President Trump said Saturday "we've knocked out 42 navy ships" in three days, adding that the US is doing "very well" in Iran.
Why it matters: Trump bragged about dominance in Iran and hinted at possible action in Cuba at the first Shield of the Americas Summit, which has outgoing Homeland Security Secretary Kristi Noem at the helm.
Labor organizing in the media industry has entered a new era as digital-native workers embrace unions as platforms to shape workplace norms.
Why it matters: The evolution marks a generational power shift as more media workers bring new expectations around transparency and social responsibility to the bargaining table.
Media workers are pushing harder for guaranteed severance packages in labor negotiations to protect themselves from layoffs that feel inevitable amid more industry consolidation.
Why it matters: The eye-popping payouts for Warner Bros. Discovery executives involved in the Paramount Skydance deal, which is expected to result in thousands of job cuts, are serving as a proof point of the massive discrepancies between media's top brass and their employees.
President Trump threatened early Saturday morning to step up the bombing campaign in Iran, saying it may expand to people and regions that hadn't been targeted previously.
Why it matters: The war is entering its second week, with no let-up in sight.
Why it matters: Trump fancies himself a high-risk, high-reward president, a confidence cheered by the vast majority of Republican officials and voters. But risk is risk — and by most measures, it's rising everywhere.
President Trump is positioning himself as a central architect of Iran's post-war future, demanding "UNCONDITIONAL SURRENDER" on Friday.
The big picture:Trump is signaling ambitions that extend beyond military action into reshaping Iran's political and economic order just as he did in Venezuela. But experts warn it's not that simple.
