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Donald Trump says UK taxes on North Sea oil ‘make no sense’

US president says Britain has signalled to oil companies ‘we don’t want you’

Donald Trump has taken aim at the UK’s “high” taxes on North Sea oil and gas, which he said “makes no sense” and that the government should instead “incentivise” fossil fuel production.

The US president said in a message on his Truth Social website on Tuesday that North Sea oil could be a “treasure chest” for the UK, if the Labour government was to “incentivize the drillers, FAST”.

Trump made his intervention in UK politics as he visited Aberdeenshire, the home of North Sea oil production, to open one of his golf courses.

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