Donald Trump's recent pronouncements and actions are creating ripples across the globe. He has issued warnings regarding Israeli hostages, while also facing disagreement from Jordan over Palestinian relocation. Trump's proposed tariffs on steel and aluminium have elicited a strong response from the EU, threatening transatlantic relations. The administration's foreign policy is perceived as transactional and potentially destabilising, causing unease among European leaders. Beyond geopolitical tensions, Trump is engaging with Russia and Ukraine, and reinforcing pressure on Iran. Fluctuations in oil prices are also noted, influenced by US reserves, tariffs and geopolitical anxieties, with bitumen prices showing regional variations.