Trump Announces US Majority Stake in Venezuela's 65B Barrel Oil Reserves
The surprise deal, brokered by Rubio and Hegseth, could reshape global oil markets - but key terms remain unclear.

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17 briefings · “oil”
The surprise deal, brokered by Rubio and Hegseth, could reshape global oil markets - but key terms remain unclear.
The AI bellwether's blowout quarter soothes markets and pushes oil down, but the real story is what it signals for the next leg of the AI trade.
A $2 slide in crude signals traders betting the Gulf's most critical oil chokepoint may stay open, but the relief could be short-lived.
Ship-to-ship transfers in the Gulf of Oman keep non-Iranian oil moving even as direct Strait of Hormuz transits collapse, reshaping global energy logistics.
Treasury Secretary Scott Bessent signals secondary sanctions could hit Chinese lenders, escalating the U.S. pressure campaign on Iran's oil revenue.