The U.S. Gulf Coast is reeling after Hurricane Isaac made landfall late Wednesday, bringing winds of over 140 km/h, torrential rain, and widespread flooding. More than 300,000 homes have lost power, while emergency shelters in Louisiana and Mississippi are operating at full capacity. Authorities have urged residents to remain indoors as rising water levels threaten low-lying towns.
President Donald Trump, who was visiting Florida, assured federal support, saying disaster relief funds will be released immediately. Local officials have expressed concern about oil refineries in the Gulf region, which supply nearly 15% of U.S. fuel demand. Any prolonged disruption could impact global energy markets.