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Nations React to Reported $1 Billion Fee for Trump’s Peace Board

  President Trump said the Peace Board 'will embark on a new approach to resolving global conflict'. Reports surrounding President Donald Trump’s proposed Board of Peace have ignited global debate after claims surfaced that countries may be asked to contribute $1 billion to secure or maintain permanent membership. The board, envisioned as a body overseeing governance and reconstruction efforts in Gaza, would reportedly be chaired by Trump himself, who would hold authority over which nations are admitted. A draft charter circulating among diplomats outlines three‑year membership terms, renewable only with the chairman’s approval. It also suggests that nations contributing $1 billion within the first year could bypass term limits and secure a permanent seat. The White House has pushed back on the reports, calling them misleading and insisting that no mandatory membership fee exists. Officials acknowledged that major financial contributors could receive greater influence but ...
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Blaze Erupts at Chevron’s El Segundo Refinery, No Injuries Reported

An aerial view of Chevron crews attempting to extinguish a large fire and explosion that occurred at Chevron Refinery in El Segundo Thursday, Oct. 2, 2025.

A massive fire broke out late Thursday night in the jet fuel production unit at Chevron’s El Segundo refinery near Los Angeles, sending a towering fireball and thick smoke into the night sky. The blaze, which erupted in the facility’s Isomax 7 unit, was visible for miles and briefly raised concerns about fuel supplies in California’s tightly constrained energy market.

Chevron confirmed that all employees and contractors were safely accounted for, and no injuries were reported. Emergency crews from Chevron’s own fire department, along with responders from El Segundo and Manhattan Beach, worked through the night to contain the flames.

Officials said there was no immediate impact on operations at Los Angeles International Airport (LAX), which relies heavily on jet fuel from the refinery. Residents in nearby Manhattan Beach were advised to shelter in place until early Friday morning, though no evacuation orders were issued.

The cause of the explosion remains under investigation. State and federal safety agencies are expected to review the incident once the fire is fully extinguished.

The El Segundo refinery is Chevron’s second-largest in the United States, supplying about 20% of Southern California’s motor fuel and 40% of its jet fuel. Analysts noted that while the fire is unlikely to affect global oil markets, California gasoline prices could see upward pressure due to the state’s isolated fuel system.


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