Headlines

US President Trump, on Venezuela, posts "I cancelled the previously expected second Wave of Attacks, which looks like it will not be needed, , however, all ships will stay in place for safety and security purposes"

Newsquawk Staff ·

  • Adds at least USD 100bln will be invested in big oil, and will be meeting with those firms today.

What it means

President Trump's decision to cancel the anticipated second wave of attacks on Venezuela suggests a de-escalation in the geopolitical landscape, which could stabilize oil prices and impact currency valuations, particularly the USD. The commitment to invest over $100 billion in big oil, coupled with meetings with industry leaders, signals a strong support for U.S. energy initiatives, potentially influencing risk sentiment in broader markets.

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