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Keywords: Energy
President Donald Trump's pledge to seize control of Venezuela's oil reserves faces a significant roadblock: China's substantial financial and energy stakes in the South American nation. These interests create a diplomatic minefield as Trump navigates delicate trade relations with Beijing......
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......
President Donald Trump stated Wednesday evening that American oversight of Venezuela and its oil reserves will extend far beyond a few months, potentially spanning several years following last weekend's military operation that captured President Nicolás Maduro. When pressed by the New York......
Researchers at the New Jersey Institute of Technology have uncovered a previously unknown source of intense gamma radiation generated during the sun's most powerful flares, solving a decades-old puzzle. Published January 7 in Nature Astronomy, these findings could enhance space weather forecasting......
President Donald Trump announced this week that American oil companies could begin operations in Venezuela within 18 months, as his administration ramps up initiatives to revive the South American nation's battered petroleum industry following the arrest of President Nicolás Maduro over the......
Cuba announced Tuesday the deaths of 32 military officers killed during the U.S. operation in Venezuela that captured President Nicolás Maduro, as the island nation braces for the potential collapse of its primary energy source and deepening economic crisis. The Cuban government released names,......
China faces mounting losses as President Donald Trump moves to redirect Venezuelan oil exports away from Beijing, jeopardizing billions in unpaid debt and eroding Chinese influence across Latin America. Trump announced Tuesday that Venezuela will hand over 30 to 50 million barrels of oil to the United......
Financial markets have shown a surprisingly muted response to the U.S. military intervention in Venezuela and President Donald Trump's announcement that the country will transfer up to 50 million barrels of oil under American control. Some analysts warn investors may be underestimating the geopolitical......
Investor Michael Burry, famed for foreseeing the 2008 financial crisis, argues that financial markets are dramatically underplaying the ramifications of the United States' bold military operation in Venezuela. He contends that the muted response in oil prices and stock movements conceals a seismic......
