An American business has announced considerable tax hikes on energy companies has prompted it to withdraw from North Sea oil, triggering the past and future President to warn the UK is “making a very big mistake”.
President Donald Trump boosted American energy production during his first term, turning the country into an energy exporter, and has promised to “drill, baby, drill” in his second term in a bid to keep energy prices low. His apparent concern that allies are falling behind in energy security — the United Kingdom now has the highest energy prices in the world — has manifested again, this time in a Truth Social message decrying Britain for killing investment in energy.
In a message replying to the announcement a U.S. drilling
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