Trump’s $100B Venezuela Oil Pitch Falls Flat with CEOs
After Trump’s Jan 9 pitch for a $100B rebuild of Venezuela’s oil sector, major U.S. CEOs cited legal risks and past losses, keeping their powder dry.
Oil Industry
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Iran Slams U.S. Sanctions on Oil Industry as ‘Illegal and Unjustified’ 🚫
Iran condemns the latest U.S. sanctions on its oil industry, calling them ‘illegal and unjustified’ after Tehran’s missile attack on Israel earlier this month.
Venezuelans Worry as U.S. Oil Sanctions Make a Comeback 💔⛽️
The U.S. decision to reimpose oil sanctions against Venezuela has locals worried about diminished incomes and a shaky economic future. Merchants fear the move collapses growth projections for 2024.
Opposite Sides Unite: Lawsuits Against US Gulf Drilling from Environmentalists & Big Oil
Environmental groups and oil companies both sue the Biden administration over Gulf of Mexico drilling plan. 😲 Find out why!