International trade policy has emerged as a dominant force shaping the oil & gas sector, with sweeping tariffs imposed on products from virtually every nation using authorities including IEEPA, Section 232 and Section 301. President Trump's "America First Trade Policy" leverages duties as negotiation tools to secure bilateral deals featuring significant oil & gas purchase commitments, making trade considerations essential for any cross-border transaction. Energy dominance serves as a cornerstone of the administration's economic and national security strategy, placing the industry squarely in the spotlight.