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Trump’s Plans for Venezuelan Oil Run Headlong Into Reality

President Trump’s fixation on Venezuela’s oil raises the question of how much “energy dominance” is really worth nowadays.

© Eric Lee for The New York Times

President Trump’s attack on Venezuela has emerged as a unique opportunity to put into action what he has long called for: taking another country’s oil.
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Trump Suggests Renee Good’s ‘Disrespectful’ Attitude Justified Fatal ICE Shooting

President Trump suggested that Renee Good’s “highly disrespectful” attitude toward law enforcement played a role in her fatal shooting by an ICE agent.

© Doug Mills/The New York Times

Mr. Trump’s shifting remarks have raised questions about whether the administration will put any limits on the tactics ICE agents may use.
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Trump says countries doing business with Iran face 25% tariff on US trade

President posts online as US weighs response to situation in Iran, which is major facing anti-government protests

Donald Trump said on Monday any country that does business with Iran will face a tariff rate of 25% on trade with the US, as Washington weighs a response to the situation in Iran, which is seeing its biggest anti-government protests in years.

“Effective immediately, any Country doing business with the Islamic Republic of Iran will pay a Tariff of 25% on any and all business being done with the United States of America,” the US president said in a post on Truth Social. Tariffs are paid by US importers of goods from those countries. Iran has been heavily sanctioned by Washington for years.

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© Photograph: Nathan Howard/Reuters

© Photograph: Nathan Howard/Reuters

© Photograph: Nathan Howard/Reuters

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Trump Explores Diplomacy With Iran While Weighing Strikes, Officials Say

The Pentagon is presenting a wider range of strike options to the president than previously reported. Targets could include Iran’s nuclear program and ballistic missile sites.

© UGC, via Associated Press

An image taken from a social media post released on Friday showing demonstrators gathered in Tehran. President Trump has said that he would come to the aid of protesters if the Iranian government used lethal force against them.
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Trump ‘unafraid to use military force on Iran’, White House says

Press chief says US president considering ‘many, many’ options amid deadly regime crackdown on protesters

Donald Trump is “unafraid to use military force on Iran” the White House said on Monday as the Iranian regime still faces widespread unrest across the country.

Speaking to Fox News, the White House press secretary, Karoline Leavitt, said that although diplomacy remained Trump’s “first option”, he was “unafraid to use the lethal force and might of the United States military if and when he deems that necessary”.

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© Photograph: Reuters

© Photograph: Reuters

© Photograph: Reuters

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What to Know About the Criminal Investigation of Fed Chair Jerome Powell

The Justice Department’s probe into whether Jerome H. Powell, the chair of the Federal Reserve, lied about renovations to the central bank’s headquarters has raised alarms.

© Anna Rose Layden for The New York Times

The Federal Reserve building in Washington under construction in July.
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The Guardian view on Europe’s crisis of self-confidence: a new mindset needed for new times | Editorial

The tumultuous start to 2026 should force a reckoning in Brussels and European capitals, and a recognition of the power the EU can exert

Another week, another set of dilemmas for Europe’s beleaguered political class to deal with. On Wednesday Brussels is due to outline the terms of the €90bn loan it has promised to Ukraine, amid internal tensions over whether Kyiv can use the money to buy US as well as EU weapons. On the same day, the US secretary of state, Marco Rubio, is due to meet ministers from Denmark and Greenland, as Donald Trump continues to insist that the US will take ownership of the latter “one way or another”. And as the body count of protesters rises in Iran, the EU is under mounting pressure to do more than merely “monitor” the situation, as the European Commission president, Ursula von der Leyen, somewhat feebly put it over the weekend.

Beyond the crisis management, a deeper reckoning is overdue after a tumultuous beginning to 2026. It has long been a truism that there is a profound mismatch between the EU’s economic heft and its geopolitical clout. But only a year into Mr Trump’s second term, the disjunction looks unsustainable in the “America first” era.

Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here.

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© Photograph: Christophe Petit-Tesson/EPA

© Photograph: Christophe Petit-Tesson/EPA

© Photograph: Christophe Petit-Tesson/EPA

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Will Trump go to war with Iran? | The Latest

Donald Trump has promised he will ‘shoot at Iran’ if Iranian security services attack anti-government protesters, but analysts suggest the US is not prepared for military action. It comes as the death toll from Tehran’s crackdown on protests soars, and as demonstrations continue to shake the country. Lucy Hough speaks to the Guardian’s diplomatic editor, Patrick Wintour

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© Photograph: The Guardian

© Photograph: The Guardian

© Photograph: The Guardian

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US bond markets should be in revolt. Fed independence matters | Nils Pratley

It is a perilous time to mess with the principle that rate-setters under an independent system should be free of political pressure

Well said, Jerome Powell. The chair of the US Federal Reserve responded to news of a subpoena from the US Department of Justice with a statement that was extraordinary, necessary and stark.

A criminal investigation into the Fed, and him personally, over the renovation of the central bank’s headquarters is an attempt to bully officials into setting policy according to the president’s whims, said Powell.

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© Photograph: Carlos Barría/Reuters

© Photograph: Carlos Barría/Reuters

© Photograph: Carlos Barría/Reuters

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Federal Prosecutor Is Fired Amid Further Turmoil in Comey Case

Robert K. McBride had been serving as the top deputy to Lindsey Halligan, who has continued to act as the U.S. attorney for the Eastern District of Virginia.

© Tierney L. Cross/The New York Times

A courthouse in the Eastern District of Virginia. Robert K. McBride had been working in the U.S. attorney’s office for the district for only a couple of months.
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