President-elect Trump himself has declared he has a “mandate”, although he will be subject to the checks and balances inherent in the US political system. The Supreme Court, with six of its nine justices appointed by a Republican president, is also likely to be broadly supportive of his policy agenda.

A Trump administration means radical changes for tariffs on imports, climate policy and international affairs. For the energy and natural resources sectors, the implications are many. A pathway nearer to our new delayed transition scenario is now more likely. Here are our team’s initial thoughts.