

Miles McCormick
FT's Houston correspondent, reporting on the resurgence of offshore oil drilling.
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Nov 18, 2024 • 12min
The US dollar surges
Miles McCormick, FT's Houston correspondent, sheds light on the renewed surge in offshore oil drilling amidst rising U.S. dollar strength. He discusses the implications of President Biden's decision allowing Ukraine to strike back against Russia, as well as the impacts on global markets from potential tariff proposals. The conversation also dives into Shell's innovative Vito platform, aiming for efficiency and reduced emissions, while exploring the contrasting views on environmental concerns within the industry.