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President Donald Trump urged oil giants Exxon and Chevron to slash retail fuel prices.
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;Resize=(620)) South Korea recorded its highest temperature on Friday since modern weather observations began, as a prolonged heat wave pushed temperatures above 40 C for a third straight day in parts of the country.
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The price of Brent crude oil fell sharply
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US Secretary of State Marco Rubio and Treasury Secretary Scott Bessent both announced talks had progressed to allow shipments to resume.
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Rick Caruso, the billionaire real estate developer and former Los Angeles mayoral candidate, is reviving a property still surrounded by burned-out lots.
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Higher oil prices boost the energy giant's results while environmental groups accuse it of profiteering.
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Jeanine Pirro, the U.S. attorney for the District of Columbia, told President Trump that his interior secretary, Doug Burgum, had misled him with a self-serving cover story for his own mistakes.
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