Page 3 - Venezuela

Working well with Venezuela: US President Trump cancels second attack

US President set to outline plan for Venezuelan oil

Trump meets oil executives at White House, seeks investment in Venezuela

President Donald Trump is meeting with oil executives at the White House on Friday in hopes of securing USD 100 billion in investments to revive Venezuela's ability to fully tap into its expansive reserves of petroleum a plan that rides on their comfort in making commitments in a country plagued by instability, inflation and uncertainty. Since the US military raid to capture former Venezuelan leader Nicols Maduro on Saturday, Trump has quickly pivoted to portraying the move as a newfound economic opportunity for the US, seizing three tankers carrying Venezuelan oil, saying the US is taking over the sales of 30 million to 50 million barrels of previously sanctioned Venezuelan oil and will be controlling sales worldwide indefinitely. It's also part of a broader push by Trump to keep gasoline prices low. At a time when many Americans are concerned about affordability, the incursion in Venezuela melds Trump's assertive use of presidential powers with an optical spectacle meant to ...

Oil gains as market assesses protests in Iran, dealmaking for Venezuela

Civil unrest in major Middle Eastern producer Iran and concerns about the spread of the Russia-Ukraine war to Russian oil exports have increased supply worries

US open to China's limited presence in Venezuela, not oil control

Wright also said he expected see Chevron, opens new tab quickly grow its activities in Venezuela with ConocoPhillips

Reliance Industries says it may buy Venezuelan oil, awaiting clarity

The statement comes amid evolving global discussions on energy trade involving Venezuela, as refiners assess supply options based on regulatory approvals and international sanctions frameworks

US will run Venezuela, rebuild it very profitable way, says Donald Trump

According to the NYT, Trump, during the interview, did not provide any indication of when elections would be held in Venezuela

Venezuela holds funeral in Caracas for soldiers killed in US operation

Venezuela's military held a funeral in the capital Wednesday for some of the dozens of soldiers killed during the US operation that captured then-President Nicols Maduro. Music from a military orchestra echoed over the cemetery as family members and soldiers marched behind a row of caskets. Men carried the wooden caskets cloaked in the Venezuelan flag past rows of uniformed officers. Thank you for letting them embrace a military career, a military commander, Rafael Murillo, said to families surrounding him at the cemetery on the city's south side. The men were honored with a gun salute as the caskets were lowered into the ground and their loved ones wailed. Armed National Guard members patrolled parts of the cemetery for hours before and during the ceremony that followed an emotional wake. The funeral came a day after acting President Delcy Rodrguez declared a seven-day mourning period for the fallen officers. Venezuela's military has said at least 24 Venezuelan officers were kill

US to reestablish diplomatic presence in Venezuela, reopen embassy

A senior State Department official said that they are making preparations to allow for a reopening should Trump make that decision

Mexico becomes key fuel supplier to Cuba, but pledges no extra shipments

As the United States prepares to seize control of Venezuelan oil and the administration of US President Donald Trump hardens its stance toward Cuba, Mexico has emerged as a key fuel supplier to Havana. It's a role that could further complicate already strained relations with the Trump administration, even though the Mexican government insists that exports to the island have not increased. Mexican President Claudia Sheinbaum acknowledged on Wednesday that with the current situation in Venezuela, Mexico has become an important supplier of crude oil to Cuba, but asserted that no more oil is being sent than has been sent historically; there is no specific shipment. She added that those shipments are made via contracts or as humanitarian aid, but offered no concrete figures on the number of barrels exported. **'The blackouts are going to intensify' Following the 1959 revolution that toppled dictator Fulgencio Batista, the US imposed a trade embargo on Cuba in response to the ...

Operation Absolute Resolve: Inside the night the US captured Venezuela’s President Nicolás Maduro

A covert mission months in the making. A city plunged into darkness. And a stunning overnight operation that ended with Venezuela’s President Nicolás Maduro in US custody.

US to receive up to 50 million barrels of Venezuelan oil: What Trump has announced | US-Venezuela

US President Donald Trump has announced that Venezuela’s interim authorities will hand over up to 50 million barrels of sanctioned oil to the United States.

After weeks of tracking, US seizes Russia-flagged tanker in North Sea

The operation was confirmed by the US military's European Command in a series of posts on X, which said the seizure formed part of Washington's broader action against sanctioned vessels

Venezuela's Caracas bourse defies crisis; IBC Index up 84% since US move

In a further development, President Trump announced that Venezuela's interim authorities would provide between 30 million and 50 million barrels of high-quality

Venezuela crisis: Russia sends submarine to escort tanker chased by US

Russia is alarmed by US seizures of tankers that carry illicit Russian oil, which helps fund its economy

'He tried to imitate my dance': Trump mocks Maduro after Venezuela raid

In a speech to Republican members of Congress at the Kennedy Centre, Trump described Maduro as a 'violent guy' who had 'killed millions of people'

Machado says she will return home as Venezuela enters 'transition'

The Nobel Peace Prize winner said her movement stood ready to contest and win a free election, even as uncertainty persisted over Washington's next steps, readiness to engage with interim authorities

Ukraine ceasefire talks in Paris lose momentum amid US' Venezuela focus

Ukraine's allies are meeting Tuesday in Paris for key talks that could help determine the country's security after a potential ceasefire with Russia. But prospects for progress are uncertain, with the Trump administration's focus shifting to Venezuela while suggestions of a Greenland takeover are causing tension with Europe. Before the US capture of Venezuelan leader Nicolas Maduro, French President Emmanuel Macron had expressed optimism about the latest gathering of so-called coalition of the willing nations. For months, they have been exploring how to deter any future Russian aggression should it agree to stop fighting Ukraine. In a Dec. 31 address, Macron said that allies would make concrete commitments at the summit to protect Ukraine and ensure a just and lasting peace." Macron's office said Tuesday's meeting will gather an unprecedented number of officials attending in person, with 35 participants, including 27 heads of state and government. The US will be represented by ...

US action in Venezuela a terrorist act; India vital globally: Cuban envoy

Cuban Ambassador to India Juan Carlos Marsan Aguilera on Monday strongly condemned the US military operation in Venezuela that led to the capture of President Nicolas Maduro and his wife, terming it a "criminal act" and a "terrorist act" that violates the United Nations Charter and international law. In an exclusive interview with PTI Videos here, Aguilera emphasised that no single nation can stop the United States from such unilateral actions and called for the world to unite forces to counter what he described as Washington's "madness" in international policy. "This US military aggression towards Venezuela, in my opinion, is a criminal act. It's a terrorist act because it violates all the principles contained in the United Nations Charter and international law. It is a unilateral action against a sovereign country," the ambassador said. Highlighting broader US actions, including tariff wars, threats to Iran and military strikes, the ambassador stressed the need for global unity.

Dollar dips for second day as Venezuela concerns give way to optimism

The impact of the shock US capture of Venezuelan President Nicolas Maduro over the weekend was short-lived across most asset classes with stocks around the world trading at record highs