“They have to produce a lot of electricity and we will make it possible for them to get that production done very easily, at their own plants if they want,” Trump said. “At the AI plant they will build energy generation and that will be incredible.” It’s unclear if building energy operations inside an AI data center is possible in practice.

U.S. oil prices were down by more than $1 a barrel in early Asian trading on Tuesday from Friday's close after President Donald Trump took office and announced a plan to maximise U.S. oil and gas production by declaring a national emergency.