Venezuela’s national assembly (File photo) Venezuela’s National Assembly on Thursday approved a law to open the country’s oil sector to private companies, reversing a policy that has kept the industry under state control for more than 20 years. The vote comes less than a month after then-President Nicolás Maduro was seized in a US military…
US President Donald Trump said that he may bar ExxonMobil from operating in Venezuela, criticising the oil giant after its leadership questioned the viability of investing in the country after the capture of former president Nicolas Maduro by US forces. Speaking to reporters aboard Air Force One on Sunday as he departed West Palm Beach,…
US President Donald Trump said Venezuela will use proceeds from a new oil deal to purchase only American-made products, positioning the United States as the country’s principal commercial partner.Trump made the announcement in a post on Truth Social, saying the purchases would include agricultural goods, medicines, medical devices and equipment aimed at improving Venezuela’s power…
US secretary of state Marco Rubio on Wednesday said the United States has a “three-fold process” planned for Venezuela following the removal of its leadership Nicolás Maduro, saying Washington is moving ahead “to execute a deal to take all the oil” that is stuck in the country.US Secretary of State Marco Rubio on Wednesday outlined…
The United States seized a Russian-flagged oil tanker with links to Venezuela after a more than two-week-long pursuit across the Atlantic, as a Russian submarine and warship were close by, official spoke to The Associated Press on Wednesday .The seizure, which could stoke tensions with Russia, came after the tanker, originally known as the Bella-1,…
NEW DELHI: External affairs minister S Jaishankar on Tuesday said the safety of people in Venezuela is India’s primary concern amid the crisis following US military operations in the country and the capture of President Nicolas Maduro and his wife.Speaking in Luxembourg, Jaishankar urged all parties involved in the crisis to sit down and reach…
Smoke at La Carlota airport after explosions and low-flying aircraft were heard in Venezuela (AP photo) US forces killed at least 55 Venezuelan and Cuban military and security personnel during the raid that led to the capture and ouster of Venezuelan President Nicolás Maduro, according to official tolls released by Caracas and Havana on Tuesday.Venezuela’s…
US President Donald Trump on Monday said Venezuela will not hold new elections within the next 30 days and that the country must first be stabilised following the capture of its leader, Nicolás Maduro. Speaking to NBC News, Trump insisted the United States is not at war with Venezuela, even as it deepens its involvement…
File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump’s idea of taking control of Venezuela’s oil industry and inviting US companies to rebuild it after the capture of President Nicolás Maduro is unlikely to move global oil prices in the near term, analysts say.As per news agency AP, Venezuela’s oil sector…
US secretary of war Pete Hegseth (AP) US secretary of war Pete Hegseth said Washington’s midnight military operation in Venezuela on Saturday, which also led to the capture of President Nicolas Maduro and his wife was the “exact opposite” of the 2003 Iraq invasion and would not result in prolonged conflict or American casualties.Addressing concerns…