President Trump Urges UK to Expand North Sea Oil Production Amid Energy Crisis
President Donald Trump has criticized the UK government's decision to ban new oil and gas field licenses in the North Sea. He urged the UK to 'drill, baby, drill' to capitalize on its advantageous position for energy production. Trump's comments come as oil and gas prices have surged due to the ongoing U.S.-Israel war with Iran, which has led to a significant oil supply shock. The International Energy Agency has described this as the 'most severe oil supply shock in history.' The energy crisis is expected to impact the UK more severely than other advanced economies, with the IMF reducing its growth forecast for the UK to 0.8% this year. 
