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U.S. President Donald Trump pressed top oil executives on Friday (January 9, 2026) to invest in Venezuela’s vast reserves but was met with a cautious reception — with one major CEO dismissing the country as “uninvestable” without sweeping reforms. Mr. Trump told the industry leaders that his administration – not Caracas – would decide which…
Read More “Trump pitches Venezuela oil to U.S. majors; hits scepticism” »
The vessel tanker Bella 1 changed its name to the Marinera and switched its registration to Russia, the Journal said. | Photo Credit: Reuters Russia has deployed a submarine and other naval vessels to escort an empty, ageing oil tanker that has been trying to evade the U.S. blockade near Venezuela, the Wall Street Journal…
Read More “Russia sends submarine to escort tanker the U.S. tried to seize off Venezuela: reports” »
Oil prices fell back Monday (January 5, 2026) while the prices of precious metals surged as markets reacted calmly to the U.S. capture of Venezuelan President Nicolas Maduro in a weekend raid. Asian shares rallied on heavy buying of tech-related stocks after modest gains on Friday (January 2) on Wall Street. The future for the…
Read More “Oil prices fall back after U.S. capture of Venezuelan leader Maduro” »
Hours after Venezuelan President Nicolas Maduro was captured and flown from the country after “a large-scale strike”, U.S. President Donald Trump said on Saturday (January 3, 2026) that the United States will “run” Venezuela and tap its huge oil reserves. He was speaking at a press conference at his Mar-a-Lago club in Florida after what…
U.S. President Donald Trump confirmed on Sunday (November 30, 2025) he had recently spoken with Venezuelan leader Nicolas Maduro amid soaring tensions between the two countries, while Caracas slammed what it called U.S. preparations for an attack. The United States is piling the pressure on Venezuela, with a major military buildup in the Caribbean, the…
Read More “Trump confirms call with Maduro, Caracas slams U.S. maneuvers” »