US DoE provides details on Venezuela fact sheet; US to allow sale of oilfield equipment and services to Venezuela
The U.S.
White House says the Trump administration is in close correspondence with interim Venezuela authorities
Ningi Research short on Critical Metals (CRML)
US DoE provides details on Venezuela fact sheet; US to allow sale of oilfield equipment and services to Venezuela
US War Secretary Hegseth says the leverage from oil blockade continues
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decision to permit the sale of oilfield equipment and services to Venezuela suggests a potential thaw in relations and could lead to an increase in Venezuelan oil production. This move may affect global oil prices, particularly if it results in a significant uptick in exports from Venezuela, which has been constrained in recent years by sanctions. Traders should monitor related assets, including crude oil and currencies of oil-dependent economies, for potential volatility.
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