Free Trial

The new US ambassador meets Starmer after Trump urges the UK to drill for more oil

US Ambassador to the UK Warren A. Stephens arrives in Downing Street, London, ahead of his meeting with Prime Minister Sir Keir Starmer, Friday, May 23, 2025. (James Manning/PA Wire/PA via AP)

Key Points

  • U.S. Ambassador Warren Stephens met Prime Minister Keir Starmer to advance the Trump administration’s priorities, including a recently announced U.S.-U.K. trade deal and their defense and security alliance.
  • The trade agreement lifted U.S. tariffs on British autos, steel and aluminum in return for greater UK access to American beef and ethanol.
  • President Trump urged the U.K. to abandon costly windmills and ramp up North Sea oil drilling to lower energy costs, claiming a century of reserves remains.
  • That call for more fossil fuel extraction sharply contrasts with Britain’s goal of generating all energy from renewables by 2030 while the Trump administration rolls back clean energy support.
  • MarketBeat previews top five stocks to own in June.

LONDON (AP) — U.S. Ambassador Warren Stephens met British Prime Minister Keir Starmer on Friday to “convey the priorities of the Trump administration,” after President Donald Trump urged the U.K. to ditch wind power projects and drill for oil.

The U.S. Embassy said those priorities include “maximizing the U.S.-U.K. partnership to advance our shared interests, such as the recently announced trade deal and our defense and security alliance which promotes stability and prosperity worldwide.”

The embassy said the meeting at 10 Downing St. was the second for the two men since Stephens, a billionaire investment banker and Republican donor, took up his post on May 12.

Stephens arrived in London just after the two governments struck a trade deal that saw the Trump administration lift tariffs on U.K. autos, steel and aluminum in return for greater access to Britain for American products including beef and ethanol.

Trump wrote on the Truth Social platform Friday that the agreement “is working out very well for all.”

But he advised Britain “that in order to get their Energy Costs down, they stop with the costly and unsightly windmills, and incentivize modernized drilling in the North Sea, where large amounts of oil lay waiting to be taken.”

He said the North Sea had “a century of drilling left, with Aberdeen as the hub,” and claimed “U.K.’s Energy Costs would go WAY DOWN, and fast!” with more oil extraction.

One of the president's two Scottish golf courses, Trump International Golf Links, is near Aberdeen.

Britain is investing heavily in wind farms as it seeks to generate all of the country’s energy from renewable sources by 2030 and break free from what Starmer has called “the rollercoaster of international fossil fuel markets.”

The Trump administration is doing the opposite — prioritizing fossil fuels, including boosting coal, canceling financing for clean energy and climate-friendly projects, and targeting the wind industry.

In contrast to his words about Britain, Trump threatened Friday to impose a 50% tax on all imports from the EU, saying trade talks with the 27-nation bloc “are going nowhere.”

Where Should You Invest $1,000 Right Now?

Before you make your next trade, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.

Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.

They believe these five stocks are the five best companies for investors to buy now...

See The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

The Hottest AI Stock You Haven’t Bought Yet
This $13 Trillion Energy Breakthrough Will Make Millionaires
Magnificent 7 Stocks Shift Toward Stability and Selective Growth

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines