U.S. Secretary of State Mike Pompeo urged the oil industry on Tuesday to work with the Trump administration to promote U.S. foreign policy interests, especially in Asia and in Europe, and to punish what he called “bad actors” on the world stage. Addressing top executives of the world’s largest energy companies and oil ministers in Houston, Pompeo said in prepared remarks that America’s newfound shale oil and natural gas abundance would “strengthen our hand in foreign policy.” The United States has imposed harsh sanctions in the past several months on two major world oil producers, Venezuela and Iran. Pompeo said Washington would use all its economic tools to help deal with the situation in Venezuela, which is mired in […]