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Satellite data shows Cuba night lights drop 50 percent

Cuba is facing its most severe energy crisis in decades, with satellite imagery showing that nighttime lighting across the island has fallen sharply after efforts by the Trump administration to restrict its oil supply. The shortages have plunged large parts of the country into darkness, grounded international......

US energy secretary pledges dramatic rise in Venezuela oil output

US Energy Secretary Chris Wright arrived in Caracas on Wednesday for talks with Venezuela’s interim president Delcy Rodríguez, marking the highest level visit by a US energy official to the South American country in nearly three decades. The meeting at the Miraflores presidential palace......

Sanctioned oil tankers shift to Russian flag amid Western seizures

Nearly 70 oil tankers linked to Russia’s so called shadow fleet have reflagged under the Russian registry since May 2025, responding to a sharp escalation in Western sanctions enforcement that has left stateless vessels exposed to seizure on the high seas, according to maritime intelligence firm......

Russian airlines evacuate tourists and halt Cuba flights

Two major Russian airlines will evacuate their tourists from Cuba and suspend operations to the island as a severe aviation fuel shortage disrupts the Caribbean nation, Russia’s aviation authority announced Wednesday. Rossiya Airlines, part of the Aeroflot Group, and Nordwind Airlines, also known......

Air Canada suspends flights to Cuba as fuel crisis deepens

Cuba introduced sweeping emergency measures on Monday as the island faces a rapidly worsening energy crisis, intensified by US pressure aimed at cutting off its oil supplies. The government ordered a four-day workweek for state-run enterprises, shortened school hours, suspended university classes and......

Mexico halts oil shipments to Cuba to avoid threatened US tariffs

Mexico has suspended its oil deliveries to Cuba to avoid potential US tariffs threatened by the Trump administration, President Claudia Sheinbaum confirmed on Monday, describing the American sanctions as deeply unfair and warning they would further suffocate an island already facing severe economic distress. Speaking......

Venezuela ends 20 years of state oil control with new law

Venezuela's National Assembly approved a sweeping overhaul of the country's hydrocarbons law on Thursday, dismantling over two decades of state dominance in the oil sector and opening the door to private investment in the world's largest proven crude reserves. The vote signals a dramatic......

US control of Venezuelan oil jeopardizes debt repayments to China

The United States' seizure of Venezuelan oil exports has stranded shipments intended to settle the South American nation's substantial debt to China, setting the stage for a potential showdown between the two global powers. This move threatens to further delay Venezuela's efforts to emerge......

Silver surpasses $90 per ounce for the first time amid investor flight to safe havens

Silver has shattered records by climbing above $90 per ounce for the first time ever, while gold edged close to its all-time high as investors rushed into precious metals. This surge reflects mounting concerns over threats to the Federal Reserve's independence and escalating geopolitical tensions. The......

Defense stocks surge worldwide amid Trump's military policies

Defense stocks on both sides of the Atlantic have surged during the second week of January 2026, driven by President Donald Trump's aggressive foreign policy and expectations of sharply increased global military spending. This rally follows the Trump administration's military operation in Venezuela......

Asian fuel oil prices surge as Venezuelan crude shifts to US

Fuel oil prices in Asia have spiked to their highest levels in eight months, driven by traders' expectations of a major redirection of Venezuelan heavy crude toward American refineries. The premium on high-sulfur fuel oil (HSFO) 380-cst for the nearest month surged above $27 per barrel on January......

Emerging markets slide amid Trump's tariff threats

Investors pulled back from emerging markets on Thursday, driving down stocks and currencies amid rising geopolitical tensions and fears of steep U.S. tariffs. The MSCI emerging markets index dropped between 0.7% and 0.8%, its sharpest decline since mid-December, as currencies in Thailand, South Korea,......

European defense stocks surge amid Greenland tensions

European defense stocks climbed for a fourth straight session on Wednesday, fueled by geopolitical ripples from the U.S. military's capture of Venezuelan President Nicolás Maduro and escalating friction over Greenland. A Bloomberg index tracking European defense firms has surged about 10 percent......

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