United States

Back in January, Trump took a very public victory lap when Ford decided to scrap plans to build a $1.6 billion manufacturing facility in Mexico and invest in its Michigan facilities instead (we discussed it here: Trump Takes Victory Lap After Ford Cancels $1.6 Billion Mexican Expansion Plan As "Vote Of Confidence" In President-Elect).

"@DanScavino: Ford to scrap Mexico plant, invest in Michigan due to Trump policies"https://t.co/137nUo03Gl

A US F-15E fighter jet shot down a Syrian regime drone on Monday near At Tanf, Syria, the third downing of a pro-regime aircraft this month, CNN reported. The downing of the drone comes a day after a US jet shot down a regime aircraft that was engaging a fleeing ISIS convoy, according to the Syrian government.

An armed Shaheed-129 UAV “displayed hostile intent and advanced on Coalition forces” at 12:30 am local time on Tuesday, the coalition said in a statement. The drone was observed in the same area where another UAV was shot down on June 8.

Authored by Arthur Berman via OilPrice.com,

The lead editorial in Friday’s Wall Street Journal was pure energy nonsense.

“Lessons of the Energy Export Boom” proclaimed that the United States is becoming the oil and gas superpower of the world. This despite the uncomfortable fact that it is also the world’s biggest importer of crude oil.

Just two days after a US fighter jet shot a Syrian army aircraft out of the sky, and Russia halts cooperation with US military, an armed Russian fighter jet buzzed a U.S. Air Force reconnaissance aircraft in the Baltic Sea on Monday, two U.S. officials told Fox News.

In the latest in a long series of close encounters, FOX News reports the Russian Su-27 jet had missiles under its wings and approached the U.S. Air Force RC-135 recon jet "rapidly," coming within five feet of the American aircraft, the officials said.

Russia’s Monday decision to suspend a memorandum of cooperation with the US-led coalition in retaliation after a US jet shot down a Syrian Army plane has rattled some US allies, who fear escalating tensions between Russia and the coalition. In what it called a "precautionary measure," Australia became the first coalition member to suspend flights in Syria, claiming it's too dangerous for its planes to fly without the agreement, according to BBC.