Skip to content
Back to Guavy Wire
Commodities

Trump Claims New UK PM Will Open Up North Sea for Oil Drilling

Instruments
Oil
Share

US President Donald Trump has made headlines after claiming that Britain's new Prime Minister Andy Burnham intends to open up the North Sea for expanded oil drilling.

Speaking at the White House, Trump praised Burnham's reported commitment to developing the country's offshore energy resources, stating 'He did say one very good thing. He said he's going to open up North Sea oil.'

Trump contrasted Burnham's position with that of former Prime Minister Keir Starmer, who he claimed had repeatedly urged him to increase North Sea oil production.

The US President argued that Britain possesses some of the world's most valuable offshore oil reserves and criticized previous governments for not exploiting them.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc