US president says US will have ‘majority’ control of 65bn barrels of proven oil reserves

Donald Trump announced Friday a new US oil agreement with Venezuela’s interim president Delcy Rodríguez, saying the US will have “majority” control of 65bn barrels of proven oil reserves.

The terms of the agreement remain to be seen, but the US president said on his social-media platform that it had been brokered “through a partnership with ⁠private business” by his secretary of state, Marco Rubio, and defense secretary, Pete Hegseth.

Nearly 600 days after the devastating 2025 fires, thousands of Los Angeles residents are still waiting for more than $15bn in federal funds to rebuild their communities

As thousands of residents in Spokane, Washington, begin to grapple with a long recovery after a destructive set of blazes that consumed hundreds of homes in the state’s second most populated city this month, victims of the Los Angeles firestorm broke a grim record – they have faced the longest delay in modern history for federal aid.

Nearly 600 days since a historic firestorm roared into communities across Los Angeles, reducing more than 16,000 structures to ash and toxic debris, the Trump administration has failed to appropriate more than $15bn in long-term recovery funds that are crucial to rebuilding. The delay in supplying the badly needed funds is months longer than the last record set when victims of the Maui fires had to wait 500 days to receive the support, LAist noted this week.

Nevada-based Kingsbarn Realty Capital seeks to acquire land to construct private road to development outside park

The Trump administration is reportedly pushing to give a parcel of land inside Yosemite, the country’s first national park and one of its most popular, to a Nevada-based private developer.

Staff with the National Park Service have been exploring how the agency can give a quarter-mile parcel to a company operated by Kingsbarn Realty Capital, the news outlet Notus reported on Friday, citing agency documents and unnamed sources “directly familiar with discussions”.

President faces criticism over plan to import up to 300,000 metric tons of foreign beef without charging higher tariffs

Donald Trump has pledged to allow cattle ranchers and farmers to process their own food amid a backlash from the US agricultural sector over his decision to pause US tariffs on foreign beef.

The US president has been sharply criticized, including from members of his own party, since announcing the US will temporarily import up to 300,000 metric tons of foreign beef without charging higher tariffs in an effort to bring down prices.

Anti-vaxxers are spreading conspiracy theories after two recent measles-associated deaths in Pennsylvania

Anti-vaccine activists are trying to track down the families of two people, including at least one newborn, who died after contracting measles in Pennsylvania, as Governor Josh Shapiro tangles with Robert F Kennedy Jr over his “inaccurate and misleading claims”.

Kennedy, the secretary of the US Department of Health and Human Services (HHS), suggested late on Wednesday that the deaths in the state may have been “fabricated” after a Republican coroner – an elected political office in Lancaster county – claimed one of the measles-associated deaths was unrelated to the virus, although the given cause would be consistent with measles.

Decision to rescind ‘roadless rule’ opens more than 45m acres of national forests to roads, drilling and logging

More than 400 endangered animal and plant species could face accelerated extinction after the Donald Trump administration’s decision to rescind a rule that has protected old-growth forests for more than two decades.

According to a new report from the Center for Biological Diversity, the rollback of the Bill Clinton-era “roadless rule” could put 7.4m acres (3m hectares) of endangered-species habitat and nearly 1,800 miles (2,900km) of protected rivers and streams at risk, while opening more than 45m acres of national forests to roads, drilling and logging.

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A reminder that we are covering the latest out of Jackson Hole, Wyoming, where Kevin Warsh – the new chair of the Federal Reserve – will deliver his first speech as the head of the US central bank at the annual economic policy symposium.

As my colleagues note, Warsh is under pressure to provide clarity on how the Federal Reserve should handle with inflation if price pressures don’t abate.

Exclusive: Michael Boren, a senior official overseeing the US Forest Service, is accused by Democratic senators of ‘inappropriate interference’

Donald Trump’s administration is facing calls to launch an investigation into allegations that Michael Boren, a senior official who oversees the US Forest Service, pressed agency staff to deploy additional resources to fight a fire burning near his Idaho ranch.

Three Democratic senators accused Boren of “inappropriate interference” in a letter seen by the Guardian, demanding answers from Brooke Rollins, the US agriculture secretary. Boren serves as undersecretary of agriculture for natural resources and environment.