Oil Prices Hit 13-Month High as Dow Falls 800 Points and Trump Eyes Noem Replacement

US Oil Prices Surge Past 78 Dollars as Gas Costs Rise Rapidly

  • Oil climbed to highest level since January 2025.
  • Prices up 43 percent since December.
  • Gasoline prices rising across United States.

NEW YORK, Mar 05 (TNGB) – United States oil prices jumped sharply and now trade above 78 dollars per barrel marking the highest level since January 2025. The surge represents a 43 percent increase since December and has already pushed retail gasoline costs higher at pumps nationwide. Traders cited supply concerns tied to Middle East developments as the main driver behind the move.

The rapid climb adds pressure on consumers and businesses already watching inflation numbers.

ProPublica Publishes Financial Disclosures of Over 1500 Trump Appointees

  • Records detail finances of Trump administration officials.
  • Data includes former lobbyists and industry executives.
  • Some appointees withheld names of past clients.

WASHINGTON D.C., Mar 05 (TNGB) – ProPublica released hundreds of financial disclosure forms covering more than 1500 officials appointed by President Trump. The documents list assets, debts, previous employers and in at least a dozen cases officials declined to name former clients. Several appointees previously served as lobbyists or corporate executives before entering government roles.

The collection provides public insight into potential conflicts within the new administration.

Trump Reportedly Considers Replacing Homeland Security Secretary Kristi Noem

  • President has grown frustrated with current secretary.
  • Discussions involve possible replacement candidates.
  • Lawmakers and insiders confirmed ongoing talks.

WASHINGTON D.C., Mar 05 (TNGB) – President Trump has become frustrated with Homeland Security Secretary Kristi Noem and has started exploring replacement options according to lawmakers and people familiar with the conversations. The discussions gained momentum after recent congressional hearings where Noem faced tough questioning on border enforcement. Multiple sources told NBC News the White House is actively weighing alternatives.

The reported dissatisfaction signals potential personnel changes at a key security post.

Marine Veteran Faces Criminal Charges After Breaking Arm at Iran Protest

  • Veteran broke arm while participating in demonstration.
  • Charges filed in connection with protest activity.
  • Incident occurred during anti-war gathering.

WASHINGTON D.C., Mar 05 (TNGB) – A Marine veteran who broke his arm during a protest against the Iran conflict now faces criminal charges related to the demonstration. Authorities filed the case after the event drew crowds opposing military action. The veteran’s supporters argue the charges stem from his visible injury and public stance against the war.

The prosecution raises questions about how authorities handle protest-related injuries.

Dow Jones Drops Nearly 800 Points as Oil Prices Hit 13 Month High

  • Market extended losses amid oil price surge.
  • Oil reached 13-month peak above 78 dollars.
  • Energy costs cited as primary factor.

NEW YORK, Mar 05 (TNGB) – The Dow Jones Industrial Average continued sliding and closed nearly 800 points lower as crude oil prices climbed to a fresh 13-month high above 78 dollars per barrel. Traders pointed to the rapid energy cost increase as the main reason for the broad sell-off across stocks. The move followed earlier reports of supply disruptions linked to Middle East tensions.

The sharp decline reflects investor worries about higher inflation and slower growth.

Democratic Senator Accuses Kristi Noem of Giving False Testimony to Congress

  • Senator claimed secretary provided false information.
  • Statement referenced testimony before Senate committee.
  • Evidence reportedly suggests inaccuracies occurred.

WASHINGTON D.C., Mar 05 (TNGB) – A Democratic senator on the Judiciary Committee accused Homeland Security Secretary Kristi Noem of giving false testimony during a recent hearing. The senator pointed to specific statements about contracts and enforcement practices that he said did not match available records. Committee staff are reviewing the transcript for possible follow-up action.

The allegation adds to existing scrutiny of the department’s leadership.

Trump Offered US Air Cover to Iranian Kurds in Calls With Leaders

  • President spoke directly with Kurdish figures.
  • Offer included extensive air support for uprising.
  • Goal centered on western Iran territory.

WASHINGTON D.C., Mar 05 (TNGB) – President Trump personally offered extensive United States air cover and other assistance to Kurdish leaders in Iran and Iraq during recent telephone calls. The discussions focused on supporting an anti-regime uprising that could allow Kurds to control parts of western Iran. Multiple people briefed on the calls confirmed the proposal is part of broader contingency planning.

The direct outreach represents a significant escalation in administration strategy.

Israeli Strikes Hit Beirut as Conflict With Iran Expands to Lebanon

  • Strikes targeted areas in Lebanese capital.
  • Action drew in Iran’s proxy force Hezbollah.
  • Conflict widening beyond initial theater.

BEIRUT, Mar 05 (TNGB) – Israeli forces conducted fresh strikes on targets inside Beirut early Thursday morning as the broader conflict with Iran continued to spread into Lebanon. The attacks further involved Hezbollah the Iranian-backed group operating in the country. Residents reported explosions and smoke rising over several districts of the capital.

The expansion of strikes increases the chance of wider regional involvement.

Iranian Drone Attack on Qatar Gas Plant Threatens Higher Energy Costs

  • Drone struck Qatar’s largest gas liquefaction facility.
  • Incident could disrupt global LNG supplies.
  • Asia and Europe consumers face potential price spikes.

DOHA, Mar 05 (TNGB) – An Iranian drone hit Qatar’s main gas liquefaction plant causing concerns about future energy supplies to Asia and Europe. The facility produces a large share of the world’s liquefied natural gas and any extended outage would tighten global markets. Energy analysts warned that consumers and businesses could see sharply higher costs in coming months.

The attack underscores the vulnerability of critical energy infrastructure.

House Faces Competing Bills as It Votes on Iran War Powers Resolution

  • Measure faces long odds of passage.
  • Pro-Israel Democrats introduced alternative legislation.
  • Vote scheduled for later today.

WASHINGTON D.C., Mar 05 (TNGB) – The House of Representatives is scheduled to vote today on a war powers resolution aimed at limiting American involvement in the Iran conflict. The measure faces strong opposition and long odds partly because a small group of pro-Israel Democrats put forward competing legislation. Lawmakers from both parties continue closed-door talks ahead of the floor vote.

The competing proposals highlight deep divisions within Congress over military policy.