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
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 […]
US action against Venezuela raises global concerns
The reported detention of Venezuela President Nicolás Maduro and his transfer to the United States (US) has triggered widespread international concern about sovereignty and the use of force. Images circulating of the operation have intensified debate over Washington’s approach to regime change and the future of international norms. Read More: UN alarmed as Venezuela crisis tests global […]
Musk reshapes AI-generated Venezuelan celebration clip
Following the US military operation that captured Venezuelan President Nicolás Maduro, a video claiming to show jubilant demonstrations in Venezuela spread widely on social media. The clip, shared by several high-profile accounts, including Elon Musk on X, depicted people celebrating Maduro’s removal. However, investigations confirmed the footage was AI-generated and did not reflect real events. […]
Venezuelan opposition leader vows to return home soon
VENEZUELA: Opposition leader Maria Corina Machado announced on Monday that she plans to return to Venezuela “as soon as possible,” rejecting the authority of the country’s interim president, Delcy Rodriguez. Machado, a Nobel Peace Prize laureate, made the remarks in her first public comments since US forces removed and detained President Nicolas Maduro over the […]
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 […]
Venezuela and Beyond
Venezuela is back in the international news cycle courtesy of a long-running interventionist script that is played on the world stage year on year and decade after decade. The foreword changes from the global war on terror and search for weapons of mass destruction to sanctioning countries to facilitate democracy for the sake of the […]
Starmer urges US to justify Venezuela raid
UK Prime Minister Keir Starmer said the United States must justify its recent actions in Venezuela. He stressed the situation is complex and must follow international law. Starmer reaffirmed Britain’s longstanding position supporting a peaceful democratic transition in Venezuela. The Prime Minister emphasized that international law serves as the benchmark to judge all government actions. […]