Trump's Venezuela Oil Plan: A Muted Market Response
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.
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?
Nemiroff, Ukraine's top spirits exporter, reports 24% UK sales growth to £6.25m despite missile attacks on shipments. CEO Yuriy Sorochynskiy vows 'business as usual' as exports reroute.
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.
With Western imports blocked, Russian winemakers are expanding production. But in a blind tasting, Moscow drinkers still preferred German wine. Discover the patriotic push transforming Russia's vineyards.
Amid sanctions, Russian winemakers are boosting production and quality, claiming world-class potential. But does the taste match the ambition? Our exclusive blind test in Moscow reveals the verdict.
The EU's Carbon Border Adjustment Mechanism (CBAM) is now in force, affecting UK exporters of steel, cement, and other high-carbon goods. Experts warn of confusion and a 'mountain of paperwork' for British industry.
China has announced a 55% tariff on Australian beef imports exceeding quotas, a move that has angered producers and threatens a major trade relationship. Explore the details and implications.
Ukrainian drone attacks target Tuapse oil refinery and Black Sea ports, hitting wheat ships. Russia's strikes threaten global food security as diplomatic efforts intensify. Read the latest.
South Korea's cultural exports hit a record £11bn, but its film industry has 'almost collapsed' and K-pop faces a pivotal reckoning. Discover the internal challenges threatening the Hallyu wave.
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.
Ukrainian forces target a key Russian oil plant with British-supplied missiles. Zelenskyy holds talks with Trump envoys as a court jails a pro-war Putin critic. Get the latest on day 1,402.
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.
Two police officers and a civilian are killed in a Moscow car bombing. The incident follows the assassination of a Russian general in a similar attack earlier this week.
Lieutenant General Fanil Sarvarov was killed by a car bomb in Moscow. Russian investigators are probing potential Ukrainian intelligence involvement. Read the latest details.
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.
Ukraine's GUR releases intercepted radio message where Russian soldiers in Zaporizhzhia discuss cannibalism amid severe ration shortages. Kyiv offers troops food if they surrender.
Ukraine's unprecedented drone strike on a Russian oil tanker highlights the explosive growth of the sanctions-busting 'shadow fleet' and rising fears of military confrontation. Read the full analysis.
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.
UK manufacturers face a 'significant' new paperwork burden on £7bn of exports to the EU after the government failed to secure a vital carbon tax exemption. Industry warns of a major impact on competitiveness.
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.
American forces have seized a second sanctioned oil tanker near Venezuela as part of a major naval build-up. President Trump announces a total blockade. Read the latest.
Households in Melbourne, Sydney, Adelaide, and Canberra face the steepest gas price hikes, while a new government scheme aims to tackle soaring energy costs. Discover the causes and future outlook.