Venezuela

Shares of oil and gas giant Exxon Mobil Corp. (NYSE:XOM) are hitting 16-week highs on Tuesday as investors bet President Donald Trump's latest tariff threat could be a positive catalyst for the stock.  What To Know: Trump took to Truth Social on Monday with the promise of 25% tariffs on any country...

Crude prices surged and energy stocks rose Monday after President Donald Trump vowed to slap a sweeping 25% tariff on any country that imports Venezuelan oil, signaling renewed geopolitical tensions in global energy markets. West Texas Intermediate light crude, as closely tracked by the United...

In the wake of the Trump administration’s decision to revoke Chevron Corp. (NYSE:CVX) license to operate in Venezuela, CEO Mike Wirth is seeking an extension to wind down the company’s operations in the country. What Happened: Wirth has been engaging with Trump’s cabinet...

U.S. President Donald Trump has terminated an oil agreement with Venezuela, revoking a license previously granted to Chevron Corp (NYSE:CVX) by former President Joe Biden. What Happened: Trump took to his Truth Social to announce the cancellation of Chevron’s Venezuela operations on...

The second Trump Administration has brought a flurry of foreign policy changes to the federal government. Its latest action puts oil giant Chevron Corp (NYSE:CVX), typically a beneficiary of Republican administrations, into its crosshairs. What Happened: Chevron is in communication with the Trump...

Canada’s Foreign Minister Melanie Joly warned that proposed U.S. tariffs could force America to rely on Venezuelan oil imports, as tensions escalate ahead of President Donald Trump‘s planned 25% levy on Canadian goods starting Feb. 1. What Happened: In an interview with the Financial...

Amid actions by President Donald Trump‘s administration to carry out mass deportation of migrants who illegally entered the United States, officials also appear poised to change refugee policy for immigrants living in the U.S. legally. What Happened: The New York Times reported Wednesday that...

Venezuela has detained another American citizen, marking the fourth such arrest since early September. The latest detention was announced by Interior Minister Diosdado Cabello on Tuesday. What Happened: The American was detained in Caracas for allegedly photographing military units, power stations...

The U.S. State Department has categorically denied accusations of CIA involvement in an alleged plot to assassinate Venezuelan President Nicolás Maduro. This follows the arrest of six foreigners, including a U.S. Navy SEAL, by Venezuelan authorities. What Happened: The State Department dismissed...

In response to the contested reelection of Nicolás Maduro in July, the U.S. is reportedly gearing up to impose new sanctions on Venezuelan government officials. What Happened: The Treasury Department is on the brink of announcing 15 individual sanctions aimed at officials linked to Maduro. These...

The U.S. government has reportedly offered amnesty to Venezuelan President Nicolás Maduro in exchange for his resignation. What Happened: The U.S. has made a proposal to Maduro to step down from his position in return for amnesty. This offer is part of a broader effort to persuade Maduro to leave...

The Venezuelan government has imposed restrictions on accessing the world’s largest cryptocurrency exchange Binance, amid a controversy surrounding the presidential election results. What Happened: Binance confirmed the access issues through its Latin American-focused X account on Aug. 10....

The latest development in the Venezuelan presidential election saga sees Elon Musk, responding to the U.S. Department of State’s assessment of the election with a single word, “Good”. What Happened: On Thursday, Antony Blinken, U.S. Secretary of State, released a statement...

The escalation in Venezuela after a disputed election vote could lead to billionaire Elon Musk and the leader of the country fighting. Here's the latest. What Happened: In 2023, an ongoing feud between Tesla Inc CEO Musk and Meta Platforms CEO Mark Zuckerberg led to a challenge to turn the battle...

Venezuelan President Nicolás Maduro faces intense criticism following his declared victory in a contentious presidential election. What Happened: The opposition, led by candidate Edmundo González, disputes the results, claiming they secured a significant win, according to the Associated Press....