Trump is pushing for U.S. companies to invest in Venezuela's oil sector, promising security guarantees, but major oil executives remain cautious about the risks involved. Can Venezuela's oil riches be revived?
President Trump is calling for $100 billion in investments from major oil companies into Venezuela. While smaller businesses show interest, major players like Exxon and ConocoPhillips remain hesitant. Will they take the plunge?
In a dramatic policy shift, President Trump imposes sanctions on Russia's top oil companies, causing a 5% spike in global oil prices. This move raises questions about the future of Russian oil imports, especially from India.
In a bold move, President Trump announces sweeping sanctions against Russia's top oil firms to pressure Moscow into ending the Ukraine war. Will this finally shift the tide of the conflict?
In a decisive move, the US Treasury has imposed new sanctions on Russia's largest oil companies, Rosneft and Lukoil, as part of efforts to pressure the Kremlin amid ongoing conflict in Ukraine. Secretary of the Treasury Scott Bessent calls for an immediate ceasefire and emphasizes the need for a peaceful resolution.