United States President Donald Trump has issued a new executive order which claims to “protect” Venezuelan oil revenue from being seized for judicial proceedings, AP reported. The order, made public on 9 January, states that the funds being seized for judicial proceedings could “undermine critical US efforts to ensure economic and political stability in Venezuela”,…
The US needs to control Venezuela’s oil sales and revenue indefinitely to stabilize that country’s economy and rebuild its oil sector, Energy Secretary Chris Wright said on Wednesday. The comments reflect the importance of crude oil to President Donald Trump’s strategy in Venezuela after US forces ousted the country’s leader, Nicolas Maduro, in a raid…
The White House’s plans for Venezuela may put Stephen Miller in a pivotal role, with US President Donald Trump reportedly considering appointing the hardline, anti-immigration deputy chief of staff to take charge of the country’s future. According to a report by The Washington Post, citing source, Trump is “weighing” the move in the coming months….
US oil companies logged solid gains of up to 10% in pre-market trading on Monday, January 5, after the US military captured Venezuelan President Nicolas Maduro, resulting in his ouster. US President Donald Trump also announced that the US plans to “run” Venezuela, and that the US oil companies will invest an unspecified amount to…
US President Donald Trump said Saturday (January 3) that the removal of Venezuelan President Nicolás Maduro from power will open the door to the country’s vast oil reserves, a move that could significantly impact the global energy landscape. “We’re going to have our very large United States oil companies, the biggest anywhere in the world,…
