Venezuela Foreign Ministry says we reject the US-proposed tariffs on countries supplying Cuba with oil

Venezuela Foreign Ministry says we reject the US-proposed tariffs on countries supplying Cuba with oil.

The Venezuelan government's rejection of US-proposed tariffs on oil suppliers to Cuba signals potential tensions in the energy market and could impact supply dynamics in the region. This stance may also serve to embolden other suppliers, affecting WTI prices and broader commodities sentiment as the market reacts to geopolitical risks.