Sources familiar with the matter revealed that Vice President Vance and other key Trump administration officials plan to hold a closed-door meeting with oil executives on Thursday. Vance indicated that several measures regarding oil prices will be announced within the next 24 to 48 hours. The meeting will be held at the American Petroleum Institute, with council members of the industry group in attendance, according to sources. This meeting comes as Trump faces immense political pressure to address rising fuel prices. The November midterm elections will largely depend on Americans' attitudes toward the cost of living, and polls show Trump scoring low on handling economic issues. Analysts point out that Trump has limited options for stabilizing energy prices. His administration has previously ordered the release of 172 million barrels of crude oil from the U.S. Strategic Reserve. Earlier today, he waived a century-old shipping mandate to reduce oil transportation costs and authorized foreign-flagged vessels to transport a range of commodities between U.S. ports over the next 60 days. (Jinshi)