In a dramatic escalation, President Trump has announced a blockade on Venezuela's sanctioned oil tankers, intensifying pressure on Nicolás Maduro's regime. The move follows recent military actions in the region aimed at crippling the Venezuelan economy reliant on oil revenue.
As Russia grapples with a weakening economy and high borrowing costs, central bank officials insist it's not in a recession. With wartime expenditures soaring and a disastrous harvest, experts warn of a potential debt crisis.
Analysts warn that Trump's proposed tariffs on countries buying Russian oil could significantly impact China and India, raising questions about international sanctions and oil markets.