WASHINGTON/HAVANA: US President Donald Trump has vowed to cut off all oil and financial support to Cuba following the capture of Venezuelan leader Nicolas Maduro, intensifying pressure on the Caribbean island. Read More: Cuba defiant after Trump says no more Venezuelan oil or money Trump made the announcement on Sunday via his Truth Social account, stating: “There will be […]
Maduro
Venezuela and US begin talks to restore diplomatic ties
CARACAS/WASHINGTON: Venezuela said on Friday that it had initiated talks with the United States to restore diplomatic relations, days after US forces deposed President Nicolas Maduro. Officials confirmed that US diplomats were in Caracas to discuss reopening the Venezuelan embassy, while in Washington, President Donald Trump met with oil companies to explore investment in the […]
US aims to control Venezuelan oil sales to influence country’s economy
WASHINGTON: Top US officials said on Wednesday that Washington plans to control Venezuela’s oil sales and revenues indefinitely to stabilise the country’s economy, rebuild its oil sector, and ensure its actions align with US interests. The comments come after US forces abducted Venezuelan President Nicolas Maduro in a raid on Caracas, highlighting oil’s central role […]
Oil prices rise as Venezuela bonds surge after US captures Maduro
HOUSTON: Oil prices jumped on Monday following the US capture of Venezuela President Nicolas Maduro, as traders weighed potential disruptions to crude flows from the OPEC member with the world’s largest oil reserves. Read More: Oil prices ease amid Venezuela, Russia concerns Brent crude futures rose 96 cents, or 1.58pc, to $61.71 a barrel, while US West […]
Maduro in New York jail; Trump ‘designating people’ to be in charge of Venezuela
Venezuelan President Nicolas Maduro was in a New York jail Saturday, hours after American special forces seized and flew him out of his country, which President Donald Trump said would come under effective US control. The US president’s announcement followed a lightning pre-dawn attack in which commandos grabbed Maduro and his wife while air strikes […]
US seizes Venezuelan tanker, plans more oil interceptions
The United States seized a Venezuelan oil tanker named Skipper, marking the first such action under current sanctions. Authorities plan to take the vessel to an American port and legally confiscate its crude oil cargo. White House spokeswoman Karoline Leavitt said the seizure targets “sanctioned vessels sailing with black market oil” fueling illicit activities. The […]
Maduro ‘optimistic’ after opposition talks resume in Barbados
Venezuelan president Nicolas Maduro said Monday he was “optimistic” after dialogue between his government and the opposition resumed in Barbados. The South American nation was plunged into political turmoil in January when National Assembly speaker Juan Guaido declared himself acting president in a direct challenge to Maduro’s authority. The opposition leader is recognized by the […]
Venezuela opposition says it will meet Maduro envoys in Norway-mediated talks
Venezuela’s opposition will meet with representatives of President Nicolas Maduro’s government in Barbados for talks mediated by Norway, the parties involved said on Sunday, as part of efforts to resolve an ongoing political crisis. Opposition leader Juan Guaido, who has been recognized as Venezuela’s rightful leader by more than 50 governments, has said any talks […]
Deputy of Venezuela’s Guaido arrested and dragged away by tow truck
Venezuelan opposition leader Juan Guaido said on Wednesday that intelligence agents had detained his deputy, the first arrest of a lawmaker since Guaido tried to spark a military uprising last week to bring down President Nicolas Maduro’s government. Edgar Zambrano, vice president of the opposition-controlled National Assembly, which Guaido heads, said on Twitter that agents […]
Venezuela’s neighbors accuse Maduro of protecting ‘terrorist groups’ in Colombia
The Lima Group regional bloc on Friday accused the government of Venezuelan President Nicolas Maduro of protecting “terrorist groups” in Colombia, keeping up pressure days after an attempted military uprising failed to dislodge Maduro from power. The bloc, a dozen countries in the Americas that meet regularly to discuss Venezuela, did not provide details on […]