The U.S. Strategic Petroleum Reserve is nearing its lowest level in decades, with new EIA data revealing domestic and global oil inventories are set to plunge to lows not seen since 2003. The ongoing war with Iran and the closure of the Strait of Hormuz are driving the crisis, forcing the U.S. to release emergency reserves. Experts warn high prices and utility bills will persist as the energy squeeze intensifies this summer.

Governor Mike DeWine has appointed Andy Wilson as Ohio’s new attorney general, filling the vacancy left by Dave Yost’s move to the private sector. Wilson, a seasoned prosecutor and current director of the Ohio Department of Public Safety, will serve through the end of the year. His experience includes high-profile cases like the Pike County murders. An election for the next full term is set for November, making this a pivotal moment for Ohio’s top legal office.

The Justice Department has unveiled a sweeping settlement shielding President Trump, his family, and business entities from any IRS audits or enforcement on past tax returns. In exchange, Trump dropped his $10 billion lawsuit against the IRS. The unprecedented agreement arrives as the administration launches a controversial $1.8 billion fund for those it deems victims of politically motivated prosecutions, drawing intense scrutiny and debate.

A new DOT-backed reality series featuring Transportation Secretary Sean Duffy and his family is drawing sharp ethics questions in Washington. The show’s corporate sponsors include companies regulated by the department, and critics say the timing is tone-deaf as gas prices rise. Duffy says ethics officials approved it and no one was paid. The series is set to debut on YouTube in June.

President Trump is signaling support for suspending the federal gas tax to ease pain at the pump, but he cannot do it by executive order. Any “gas tax holiday” would require Congress and could drain the Highway Trust Fund that pays for highways and transit. Sen. Josh Hawley says he plans to introduce a bill, but key details remain unclear.

Spirit Airlines’ final commercial flight landed in Dallas-Fort Worth before the carrier abruptly shut down operations, leaving an estimated 600,000 ticketed passengers stranded. A last-ditch deal fell apart as creditors rejected a loan-for-equity offer, with fuel costs surging in the background. Now, liquidation begins as workers and travelers scramble for options.

The State Department says it is rolling out a special-edition U.S. passport for America’s 250th birthday, featuring President Donald Trump’s likeness inside the book. Mock-ups show his portrait on the ID page with a gold-printed signature and a 1777-style flag on the back cover. The limited release is expected to begin this summer, subject to availability.

A long-dormant part of the 25th Amendment is back in focus. Rep. Jamie Raskin and 50 Democratic co-sponsors have introduced a bill to create a bipartisan Commission on Presidential Capacity, a potential alternative “other body” to evaluate whether a president can discharge the powers and duties of office. The bill would bar sitting officials and rely on former leaders and medical experts.

A new federal law will shift Selective Service registration to an automatic system for eligible men, using existing government records to enroll them within 30 days of turning 18. Officials say it modernizes the process and could save millions, while stressing it does not reinstate a combat draft.