Trump to Invoke Emergency Law for Offshore Oil Producer Sable

WATCH: President Donald Trump said he didn’t believe Iran was laying mines in the Strait of Hormuz and repeated his suggestion that the war would end soon.Source: Bloomberg

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By Jennifer A Dlouhy and Nathan Risser

March 11, 2026 at 6:54 PM UTC

Updated on

March 11, 2026 at 10:55 PM UTC

President Donald Trump is preparing to invoke Cold War-era powers to clear the way for renewed oil production off the southern California coast, a long-shot bid to help ease the global crude supply crunch spurred by his war with Iran.

Trump is set to soon summon authorities under the Defense Production Act to preempt state laws and ease permitting for Sable Offshore Corp., a Houston-based company looking to restart significant production from a cluster of offshore platforms in California. The plan was described by a person familiar with the matter who asked not to be named because it’s not yet public.