According to US media reports, the Trump administration plans to simplify the permit approval process for oil projects within the Alaska National Petroleum Reserve to boost crude oil production in the Arctic region. The Ministry of the Interior plans to establish a new licensing framework for oil production facilities and related infrastructure, and eligible projects may be approved within 30 days. Companies or beneficiaries holding leases such as ConocoPhillips, Santos, and Repsol, including ConocoPhillips' Willow project. During the Iran War, the Trump administration called on American oil companies to increase production.
