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 […]
Venezuela
US Senate moves to limit Trump’s military actions in Venezuela
The US Senate voted 52 to 47 on Thursday to advance a resolution that would prevent President Donald Trump from taking further military actions in Venezuela without congressional approval. A handful of Trump’s fellow Republicans joined all Democrats in supporting the measure, signaling rare bipartisan pushback against the White House. The vote moves the resolution […]
Oil prices rise on supply disruption fears in Venezuela and Iran
Oil prices climbed for a second straight day on Friday as markets reacted to uncertainty over future supply from Venezuela and rising unrest in Iran. Brent crude futures rose around 0.7% to about $62.4 per barrel early Friday, while U.S. West Texas Intermediate (WTI) crude gained roughly 0.6% near $58.1. Both benchmarks were set for […]
Trump says Taiwan policy is up to Xi, rejects Venezuela precedent
US President Donald Trump said decisions about China policy toward Taiwan are ultimately for Chinese President Xi Jinping to make, but stressed he would be “very unhappy” with any change to the status quo. Trump made the remarks in an interview published by The New York Times, where he linked the topic to recent US […]
US Senate rebukes Trump on Venezuela in war powers vote
The US Senate took a major step Thursday toward passing a resolution to rein in President Donald Trump’s military actions in Venezuela — a rare bipartisan rebuke following alarm over the secretive capture of leader Nicolas Maduro. The Democratic-led legislation, which bars further US hostilities against Venezuela without explicit congressional authorization, got through a key […]
Palestine and Venezuela Have Exposed the World
“Palestine,” Yahya Sinwar said, “will expose the world.” It has done precisely that. Gaza has stripped the mask from the global order. Israeli-induced starvation, the systematic annihilation of hospitals, the levelling of an entire society, and the open genocide of Palestinians have not merely revealed the barbarism of settler-colonial violence; they have exposed the moral […]
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 […]
Venezuela to export $2 billion in oil to US under Trump-Rodriguez deal
WASHINGTON/CARACAS: Venezuela and the United States have reached a deal for Caracas to export up to $2 billion worth of crude oil to the US, President Donald Trump announced Tuesday, a landmark agreement redirecting shipments from China while easing pressure on Venezuela’s oil sector. Read More: Oil prices rise as Venezuela bonds surge after US captures Maduro The […]
Venezuela’s interim leader insists ‘no foreign power’ governs country amid US oil demands
CARACAS: Venezuela’s interim leader Delcy Rodriguez on Tuesday asserted that her country remains under Venezuelan control, rejecting claims that the United States is governing the nation, even as President Donald Trump announced Caracas would transfer millions of barrels of oil to the US. Read More: Venezuela thrown into unprecedented power crisis Rodriguez, who served as vice […]
Trump says Venezuela will supply up to 50m barrels of oil to US
US President Donald Trump said on Tuesday that Venezuela interim government has agreed to deliver between 30 and 50 million barrels of oil to the United States. He said the proceeds from the sale of the oil would be overseen by him as president. In a social media post, Trump said the oil would be […]