News

Biden approves massive oil project in Alaska

Published

2 years ago

March 16, 2023

Veronica Dudo

After decades of roadblocks – the U.S. President gives the green light for the $7 billion project

In a shocking about-face, the Biden administration has approved a massive oil project in Alaska.

Land in the National Petroleum Reserve where the Willow oil Project is planned, holds up to 600 million barrels of oil.

The decades long oil drilling project besieged by setbacks, now has the green light for construction to begin.

The Interior Department made the announcement saying it approved the Willow Oil Project.

The agency says they approved a trimmed down version with only three drilling sites and less surface infrastructure than originally proposed to reduce the impact to local species and their habitats.

The $7 billion oil and gas drilling project is a major victory for the bipartisan congressional delegation from Alaska and a coalition of Alaskan native tribes who say the venture is much needed to bring new sources of revenue and jobs into the remote region.

Meanwhile, Progressive members of President Biden’s own party are calling it a disastrous decision.

Environmental advocates are expected to challenge the project in court.

Related Topics:biden Business Featured Politics trending United States

Up Next

Ukraine invites Ron DeSantis to see conflict

Don't Miss

Australia’s Voice to Parliament debate

Veronica Dudo

Veronica Dudo is the U.S. Correspondent for Ticker News covering America’s biggest headlines. As an Emmy® Award nominated global journalist, Veronica has traveled across the country and around the world reporting on historical events that connect all citizens. Lauded as an award-winning international journalist, Veronica has executed stellar news coverage for NBC News, CBS News, The Hill, ME-TV Network and AOL. Her stories have highlighted a plethora of topics ranging from breaking news and politics to economic affairs across the USA, European Union, and Asia; cultural affairs; globalization; governance; education; and sustainability.

News

Trump: No ceasefire with Iran, just surrender

Trump rejects ceasefire with Iran, demands total conflict end, warns of military action and nuclear threats.

Published

36 minutes ago

June 18, 2025

Ahron Young

Trump rejects ceasefire with Iran, demands total conflict end, warns of military action and nuclear threats.

Trump: No Ceasefire With Iran, Just Surrender — President Donald Trump has escalated his stance on Iran, rejecting the idea of a ceasefire and stating he wants a complete end to the conflict.

He warned Iran against developing nuclear weapons and hinted at potential military action, including the use of “bunker buster” bombs. Trump’s remarks, including a threatening post on Truth Social, have reignited fears of a broader confrontation in the Middle East.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#Trump #IranCrisis #MiddleEastTensions #NuclearThreat #TruthSocial #G7Summit #USMilitary #Geopolitics

News

Markets drop as Trump threatens Iran strike

“Markets slide as Trump’s threats against Iran and abrupt G7 exit heighten investor fears, boosting oil prices amid rising inflation concerns.”

Published

56 minutes ago

June 18, 2025

Ahron Young

“Markets slide as Trump’s threats against Iran and abrupt G7 exit heighten investor fears, boosting oil prices amid rising inflation concerns.”

Markets Drop As Trump Threatens Iran Strike — President Trump’s hardline stance on Iran and his early G7 departure spooked investors.

Stock markets slumped while oil and energy surged, raising concerns over inflation and global trade instability. With Middle East tensions flaring, Wall Street braces for more volatility.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#Markets #IranTensions #WallStreet #OilPrices #TradeWar #TrumpNews #EconomicOutlook #StockMarket

News

Israel targets Iran’s Fordow facility amid tensions

Israel seeks to damage Iran’s Fordow facility before halting operations; Trump suggests US knows Khamenei’s location, avoids assassination.

Published

3 hours ago

June 18, 2025

Ahron Young

Israel seeks to damage Iran’s Fordow facility before halting operations; Trump suggests US knows Khamenei’s location, avoids assassination.

In Short:
Israel aims to damage Iran’s Fordow nuclear facility and is seeking US assistance, despite uncertainty about American military involvement. Tensions rise as President Trump holds national security meetings, contemplating military options against Iran.

Israel plans to continue its operations against Iran until the Fordow nuclear facility is significantly damaged. The facility, located underground near Qom, is crucial for uranium enrichment.

Israel acknowledges that its own military capabilities cannot reach the depths of Fordow, but it is relying on the United States for support.

Israel’s National Security Advisor, Tzachi Hanegbi, indicated ongoing discussions with US officials but expressed uncertainty regarding US involvement in military actions.

Iran’s nuclear weapon

Many in Israel and the West suspect that Fordow is part of Iran’s nuclear weapon development, a claim that Iran denies.

President Donald Trump left the G7 summit early due to this ongoing conflict and convened a national security meeting at the White House.

The meeting, which lasted nearly two hours, included key security figures such as CIA Director John Ratcliffe and Director of National Intelligence Tulsi Gabbard.

Reports suggest that Trump is considering the use of a “bunker buster” bomb against Fordow.