Oil prices fall on Trump's Venezuela crude deal
Global oil prices dropped after Donald Trump said Venezuela would hand over up to 50 million barrels of sanctioned crude to the US, threatening an oversupplied market. Read the full analysis.
Global oil prices dropped after Donald Trump said Venezuela would hand over up to 50 million barrels of sanctioned crude to the US, threatening an oversupplied market. Read the full analysis.
FTSE 100 oil giants Shell and BP saw shares fall sharply as Trump's pressure on Venezuela rattled markets. Brent crude dropped below $60, ending the New Year rally. Full analysis inside.
Yale professor Jeffrey Sonnenfeld slams US action on Venezuela's oil as 'confiscatory and imperialistic' amid a global glut. Read the full analysis of the controversial policy.
The UK's first named storm of 2026, Storm Goretti, is set to hit with heavy snow and severe gales. Met Office warnings are in place as temperatures plunge to -12.5C. Check the latest forecasts.
The Met Office issues warnings as the first named storm of 2026, Goretti, threatens heavy snow and severe gales. Disruption expected after the coldest night of winter.
Donald Trump announces Venezuela will supply up to 50 million barrels of oil to the US, with proceeds under his personal control. Read the latest on this major energy development.
President Trump wants US oil companies to revive Venezuela's industry, but sanctions, infrastructure, and political uncertainty pose major hurdles. Analysis of the risks and rewards.
The UK's first named storm of 2026, Storm Goretti, is set to bring heavy snow and severe coastal gales. The Met Office has issued new weather warnings following the coldest night of winter.
Despite Donald Trump's call for US oil firms to invest billions in Venezuela's crumbling industry, experts warn of high costs and political risks. Discover why a stampede is unlikely.
Donald Trump's plan to extract wealth from Venezuela's heavy crude is a long-term play for US Gulf Coast refineries. We analyse the muted market reaction and the $185bn challenge.
A US military aircraft is tracking a sanctioned oil tanker 250 miles off Ireland, part of a major naval quarantine on Venezuelan oil. At least a dozen other vessels are attempting to evade the blockade. Read the latest developments.
Brent crude dropped to $60.33 as markets assess the impact of US intervention in Venezuela's vast oil industry. A former Chevron executive seeks $2bn for projects. Read the latest analysis.
Following the US intervention in Venezuela, Donald Trump pledges billions in American investment to tap the world's largest oil reserves. We analyse the challenges and global market impact. Read the full analysis.
Analysis of Trump's plan for US oil majors to invest billions in Venezuela's crippled industry. Can it work, and what does it mean for China and global markets?
Donald Trump vows the US will 'run' Venezuela to tap its oil, the world's largest reserves. We analyse the strategic and economic drivers behind this high-stakes move. Read the full story.
Donald Trump vows the US will 'run' Venezuela and tap its vast oil reserves. We explain the strategic importance of its 303 billion barrels and the huge challenges ahead.
Donald Trump says US oil majors will spend billions rebuilding Venezuela's industry, but Chevron, ExxonMobil, and ConocoPhillips have not confirmed. Analysis reveals major hurdles.
The Met Office has upgraded snow warnings to amber for parts of Scotland, with heavy snow, travel disruption, and power cuts likely. Get the latest UK weather forecast and travel advice.
Global oil markets have suffered their sharpest annual decline since 2020, with prices crashing nearly 20% in 2025. Analysts warn the slide could continue into 2026 as oversupply persists. Discover the impact on fuel prices and inflation.
A fierce winter storm, classified as a bomb cyclone, has brought heavy snow, strong winds, and power cuts across the US. Read the latest on the severe weather impacts and forecasts.
The Met Office warns of heavy snow and ice for Scotland, with an amber cold health alert for northern England. Temperatures to plummet, posing serious risks to vulnerable populations.
Victoria Beckham's luxury Portofino '97 body oil, priced at £90, is receiving glowing reviews for its scent and shimmer, though some note packaging issues. Discover the premium alternative and a budget dupe.
North Queensland faces days of torrential rain with up to 500mm forecast, triggering severe flood warnings and livestock threats. Stay informed with the latest BoM alerts.
Ukrainian forces have struck a major Russian oil refinery using British-supplied Storm Shadow missiles, targeting a key fuel supplier for Moscow's war effort. Read the latest on the escalating energy infrastructure attacks.
The White House directs the US military to enforce a two-month oil 'quarantine' on Venezuela, escalating economic pressure on President Maduro. Read the latest on this strategic shift.
Experts condemn Donald Trump's push to seize Venezuelan oil as part of a broader 'resource imperialism' doctrine, drawing stark parallels with the Iraq war. Read the full analysis.
US Coast Guard tracks another sanctioned oil tanker near Venezuela, escalating tensions. Trump's 'blockade' and military moves threaten regional stability and oil prices. Read the latest.
US forces intercept another Venezuelan oil tanker near its coast. President Trump escalates pressure on Maduro, refusing to rule out military conflict. Read the latest developments.
Ukrainian forces launch a long-range drone attack on a Russian oil platform in the Caspian Sea, over 700km from the border. Meanwhile, the US offers to chair trilateral peace talks. Read the latest from day 1,397.
The US has seized another sanctioned oil tanker near Venezuela, prompting a stark warning from Brazil's President Lula against armed intervention. Read the latest on the escalating crisis.